EXCERPT:
A. Deception of courts, mediators and homeowners as to identity of owners of loans being foreclosed.
1. Deception of homeowners, courts and mediators by the GSEs and their servicers, as to the true identity of the parties owning mortgage loans being foreclosed upon, has resulted in:
a. Inability of mediators to know what loan [...]
Continue Reading →Larry Doyle was formerly the National Sales Manager for securitized products at JP Morga
A little over a year ago I became aware of robo-signing within the mortgage servicing industry and broached the topic that the activity likely rose to a level of racketeering. I aggressively questioned, [...]
Continue Reading →Published on Apr 27, 2012 by ProgressiveCaucus
New York Attorney General Eric Schneiderman testified before the Congressional Progressive Caucus on current efforts to help millions of American families stay in their homes, and pushed back on blaming the middle class for the economic recession.
Click on the link to the testimony:
In October 2008 a humbled Alan Greenspan admitted to the US Congress that he had been mistaken to put so much faith in the self-correcting power of free markets and that he had failed to anticipate the self-destructive nature of wanton mortgage lending and the housing and credit bubble it generated. Taking for its title [...]
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