Strange but true…bank AND attorney fraud. No surprise either that AHMSI is named! It’s bizarre but, it turns out, Wall Street cut corners when it created those mortgage-backed investments that triggered the financial collapse. Now that banks want to evict people, they’re unwinding these exotic investments to find, that often, the legal documents behind the [...]
Foreclosure info from LPS details banks getting paid 2-3x for the foreclosure!
March 30, 2011 By 4 Comments
The friendly folks at BankofAmericaSuck.com posted information about the screens and the access to info that your bank has about your home loan. LPS, short for Fidelity’s Lender Process Services is the nations largest insurance & foreclosure tracking servicing and is used by many banks to handle the nitty gritty details involved in managing your [...]
IndyMac / OneWest, time to halt foreclosures?
October 3, 2010 By 12 Comments
At IndyMac / OneWest it is very simple, 30 second per documents instead of 3 seconds. This allows plenty of time to review if documents are legitimate. WRONG!!! Take a few moments to speak with Dan Welch in our office. Maybe IndyMac should deposition him like other folks have depo’d IndyMac / OneWest employees. Never [...]
Freddie buys loan on Sept 09, 9999.
March 11, 2010 By Leave a Comment
Forget a 30 or 40 year mortgage term. How about an 8,000 year term! This is a GREAT example of the fraud and/or negligence perpetrated by many of the mortgage servicers and trustees. REALTORS: Whether you are assisting a homeowner with a short sale or loan modification, it will be for naught if the homeowner is foreclosed upon. [...]
