Daily News related to the Foreclosure Crisis

The biggest unpunished heist in human history - Max Keiser

2021

2020

2019

2018

2017

2016

2015

2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1990's
January | February | March | April | May | June | July | August | September | October | November | December
Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
Articles |The FORUM |Law Library |Videos | Fraudsters & Co. |File Complaints |How they STEAL |Search MSFraud |Contact Us

 Date

Article

Articles are added weekly 

Source

  Comment

02/27/21

Justice Dept. to appeal judge’s order on eviction moratorium ABC

Justice Dept. to appeal judge’s order on eviction moratorium
The Justice Department said Saturday it will appeal a judge’s ruling that found the federal government’s eviction moratorium was unconstitutional.

02/25/21

Federal judge rules eviction moratorium is unconstitutional CNN

Federal judge rules eviction moratorium is unconstitutional
A federal judge in Texas on Thursday ruled that the federal moratorium on evictions is unconstitutional, according to court documents. US District Judge John Barker

02/25/21

FHFA Extensions Will Align COVID-19 Mortgage Relief Policies DS News

FHFA Extensions Will Align COVID-19 Mortgage Relief Policies
The Federal Housing Finance Agency (FHFA) Thursday announced extensions of several measures that the agency says will align COVID-19 mortgage relief policies across the federal government.

02/24/21

Biden administration may undo certain Trump-era mortgage rules CNBC

Biden administration may undo certain Trump-era mortgage rules
The Biden administration hinted it may dismantle mortgage rules inked during the waning days of Donald Trump’s presidency

02/24/21

The LaSalle Bank Myth Living Lies

The LaSalle Bank Myth
The progression from LaSalle Bank to Bank of America to US Bank is highly suspect. While it is true that there was a merger between Bank of America and LaSalle Bank, It is equally true that the merger was preceded by a reverse merger between LaSalle Bank and ABN AMRO.

02/23/21

Lawyer: Woman fighting to keep longtime Miami home that was foreclosed on and re-sold Local10

Lawyer: Woman fighting to keep longtime Miami home that was foreclosed on and re-sold
MIAMI – Ana Rodriguez is 82 years old. There’s a book about her life. How, as a young med student and member of the anti-Castro underground in Cuba, she was imprisoned by the regime for 19 years. She was released, eventually becoming a United States citizen and making it her home. Now, comes a fight to literally keep her home.

02/17/21

Why Fraud Charges Keep Getting Kicked Out by the Courts Living Lies

Why Fraud Charges Keep Getting Kicked Out by the Courts
This is tricky. I have often had complaints dismissed because I didn’t make it over the threshold requirements for surviving a motion that attacks the elements of fraud. So in answer to many questions posed to me, the main reasons why fraud allegations are ignored or dismissed are as follows:

02/16/21

Buchalter COVID-19 Client Alert: FHA, VA, USDA Foreclosure and Eviction Moratoria, and Forbearance Application Deadline, Extended to June 30; Current List of Time Periods for GSEs, Federal Agencies and West Coast States Foreclosures and Evictions, and Forbearance Applications Buchalter

Buchalter COVID-19 Client Alert: FHA, VA, USDA Foreclosure and Eviction Moratoria, and Forbearance Application Deadline, Extended to June 30; Current List of Time Periods for GSEs, Federal Agencies and West Coast States Foreclosures and Evictions, and Forbearance Applications
Following last week’s FHFA announcement extending the Fannie Mae and Freddie Mac foreclosure and eviction moratoria and their deadlines for applying for COVID-related forbearance, the White House announced on February 16 that FHA, VA, and USDA will extend their single-family residential foreclosure and eviction moratoria, and their deadlines for applying for COVID-related forbearance, to June 30, 2021. Additionally, the amount of time a borrower may be in a COVID-related forbearance will be increased for an additional six months for those who first enrolled in a forbearance plan before June 30, 2020.

02/16/21

Biden extends foreclosure moratorium and mortgage forbearance through June Politico

Biden extends foreclosure moratorium and mortgage forbearance through June
The Biden administration announced Tuesday that it would extend the foreclosure moratorium and mortgage forbearance through the end of June. The actions would block home foreclosures and offer delayed mortgage payments until July, as well as offer six months of additional mortgage forbearance for those who enroll on or before June 30.

02/16/21

Look at the Name of the Foreclosure Plaintiff or Beneficiary: Challenge the Deficiencies Early in Litigation. Living Lies

Look at the Name of the Foreclosure Plaintiff or Beneficiary: Challenge the Deficiencies Early in Litigation.
A simple fact that eludes most pro se litigants is that they are litigating with a ghost. They have no obligation to defend the claim of a ghost except to challenge the foreclosure mill to at least allege or produce an exhibit that

02/15/21

The Foreclosure Case Against You Living Lies

The Foreclosure Case Against You
The foreclosure case against you is an allegation claiming that you owe money to the claimant, that you failed to pay it, and a demand that the court force you to pay it. The allegations are contained in the body of the complaint, if

02/15/21

FHFA Increases Actions to Prevent Home Loss DS News

FHFA Increases Actions to Prevent Home Loss
Foreclosure prevention actions are mounting, according to the Federal Housing Finance Agency. A total of 107,609 were completed by the Enterprises in November—with the total hitting 5,499,159 since September 2008. It marked the start of the conservatorships. Meantime, permanent loan modifications have accounted for about 44% of these actions.

02/12/21

THE CON: The American Dream Dies Where Power Lies Bill Moyers

THE CON: The American Dream Dies Where Power Lies
In the wake of the 2008 financial crisis, filmmaker Eric Vaughan was approached by his friend and colleague, Patrick Lovell, one of nearly 10 million Americans who lost their home in the crisis, with a simple question: how did this happen? Thus began their nearly 10 year journey of making THE CON, a five-part documentary series and in-depth investigation into the origins and aftermath of “the largest criminal conspiracy in American history.”

02/12/21

Banks are not loaning their own money because they don’t need to Living Lies

Banks are not loaning their own money because they don’t need to
The nation’s biggest banks are reporting lower and lower volumes of loans from their own balance sheet — just as I predicted 14 years ago. The latest article is by Shahien Nasiripour of Bloomberg and reprinted by Washington Post.

02/11/21

Low Foreclosure Rates May Obscure ‘Market Reality’ DS News

Low Foreclosure Rates May Obscure ‘Market Reality’
Low numbers are attributed to CARES Act protections, but some states have reported an increase in foreclosure starts.

02/09/21

Buchalter COVID-19 Client Alert: FHFA Announces Extension of Time Periods for GSEs’ Foreclosure and Eviction Moratoria; List of Current Time Periods for GSEs, Federal Agencies and West Coast States Foreclosures and Evictions, and Forbearance Applications JD Supra

Buchalter COVID-19 Client Alert: FHFA Announces Extension of Time Periods for GSEs’ Foreclosure and Eviction Moratoria; List of Current Time Periods for GSEs, On February 9, the Federal Home Finance Agency announced extensions of time until March 31, 2021 for the Freddie Mac and Fannie Mae COVID-related foreclosure and eviction moratoria, and allowed an additional three months of forbearance for borrowers in a forbearance plan as of February 28. Other federal agencies and various states have also extended such deadlines for foreclosure and eviction moratoria, and for borrowers to apply for forbearance. Below are the new deadlines for the GSEs, federal agencies and California, Washington, Oregon and Arizona.

02/09/21

FHFA Extends Foreclosure Moratorium, Forbearance Period DS News

FHFA Extends Foreclosure Moratorium, Forbearance Period
FHFA Tuesday announced another extension of its foreclosure and eviction moratorium through March 31. That means a ban on single-family foreclosures for loans backed by Fannie Mae or Freddie Mac.

02/08/21

How the SEC Is Used by Wall Street Brokers to Deceive the Courts, the Public and the Legal Community Living Lies

How the SEC Is Used by Wall Street Brokers to Deceive the Courts, the Public and the Legal Community
The question is related to whether the SEC had undertaken any analysis of supposedly exempt MBS certificates. It is obvious that it has not done so. The agency has taken a position that is contrary to express factual and legal findings in thousands of cases

02/05/21

13 Questions: Here is what the OCC said should be minimum operating standards for “servicers” Living Lies

13 Questions: Here is what the OCC said should be minimum operating standards for “servicers”
On April 19, 2013, the Office of the Comptroller of the Currency (OCC) published “Operating standards for scheduled foreclosure sales.” This was about 5 years after public recognition of the mortgage meltdown, and 1 year after the infamous 50-state settlement

02/04/21

Following push from Klobuchar, USDA suspends farm loan collections and foreclosures Marshall Independent

Following push from Klobuchar, USDA suspends farm loan collections and foreclosures
FEB 4, 2021 WASHINGTON – U.S. Senators Amy Klobuchar (D-MN) and John Hoeven (R-ND) announced that the U.S. Department of Agriculture (USDA) is suspending past-due debt collections and foreclosures for nearly 10 percent of all farmers borrowing under Farm Service Agency programs.

02/03/21

Ocwen (PHH) Slammed with Lawsuit by 33 State Attorneys General Living Lies

Ocwen (PHH) Slammed with Lawsuit by 33 State Attorneys General
The new suit is about charging illegal fees. But if the attorney generals of each state want real leverage they need only demand discovery responses to one simple question: Name the Creditor Who Authorized You to Act as Agent, Servicer, or Power of Attorney.

02/03/21

Always wrong, never in doubt. IRS Struggles With REMIC Relief Living Lies

Always wrong, never in doubt. IRS Struggles With REMIC Relief
see https://www.jdsupra.com/legalnews/irs-extends-remic-and-trust-relief-9911184/ Always wrong, never in doubt. The problem is not whether REMIC trusts, trustees, and beneficiaries should be given extensions on reporting and other relief on the cash flow generated or delayed through REMICs.

02/02/21

IRS Extends REMIC and Trust Relief Guidance for COVID-19 Emergency-Related Mortgage Forbearances and Modifications JD Supra

IRS Extends REMIC and Trust Relief Guidance for COVID-19 Emergency-Related Mortgage Forbearances and Modifications
The Internal Revenue Service (IRS) issued Revenue Procedure 2021-12 on January 14, extending the safe harbors in Revenue Procedures 2020-26 and 2020-34 to September 30, 2021. This LawFlash discusses the portion of Revenue Procedure 2021-12 relating to Revenue Procedure 2020-26.

02/02/21

The SEC.GOV Scam Played By Foreclosure Mills Living Lies

The SEC.GOV Scam Played By Foreclosure Mills
Sec.gov is basically used by foreclosure mill lawyers as an ftp site on which documents are stored rather than registered or reviewed for facial validity. But they use it to mislead the court

02/02/21

CFPB's New Seasoning Rule is Already Showing Promise Mortgage News Daily

CFPB's New Seasoning Rule is Already Showing Promise
The Urban Institute (UI) has looked at a final mortgage rule issued by the Consumer Financial Protection Bureau (CFPB) in late 2020 which would provide a 3-year pathway to safe harbor for loans that are a rebuttable presumption or nonqualified mortgage at origination.

02/01/21

Why the SEC Should Enforce Securities Laws and Regulations Against Wall Street Brokers Who Issued “certificates” Under False Pretenses Living Lies

Why the SEC Should Enforce Securities Laws and Regulations Against Wall Street Brokers Who Issued “certificates” Under False Pretenses
Investors who sued based upon “bad underwriting” have received settlements. Homeowners who sue based upon “bad underwriting” are given the boot. Either they are told they cannot sue proactively or they are defeated later because the trial judge thinks

January | February | March | April |May | June | July | August | September | October | November | December
 

copyright MSFraud.org