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Fed Reserve Board announcing End of Enforcement Against 10 Banks!

E0F9KjHDVaI 700 400 default Fed Reserve Board announcing End of Enforcement Against 10 Banks. How Do you Stop Foreclosure Fraud? In 2012, the Historic 25B Settlement promised to clean up the financial industry! To date, little seems to have changed, and if you want change, it looks like you will have to mount your own…

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Can you Really Skip your Mortgage Payment if you are a Hurricane Victim

-QyF4OHWpSk 700 400 default Can you Really Skip your Mortgage Payment if you are a Hurricane Victim In the aftermath of Harvey, Irma and Maria, hundreds of thousands of people with mortgages cannot live in their homes and are trying to regroup and figure out their options. Fannie Mae, Freddie Mac and Federal Housing Administration…

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Gap Widens Between Homeowner Estimate of Home Value and Appraised Value

LawdiQh9YH8 700 400 default Gap Widens Between Homeowner Estimate of Home Value and Appraised Value In many cities across the United States, Homeowners think their home values have recovered more than appraisers do. Who’s right? Licensed appraisers must support their opinion of value, based on the features in your home and recent sales of similar…

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Still Paying the Price for Bank Misconduct

6OdxowECXFs 700 400 default Still Paying the Price for Bank Misconduct The price tag for global bank misconduct as it relates to the financial crisis is $5 trillion in lost lending, according to Bank of England Governor Mark Carney in an April 20, 2017 article by Greg Robb, Marketwatch.com. Consider the famous words of Everett…

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The CFPB Sues Ocwen

Ca0oHUiWrd8 700 400 default CFPB Suit against Ocwen alleges lack of Foreclosure Protection… And total Failure of Mortgage Servicing Process In a 93 page complaint recently filed in Southern District of Florida, the Consumer Financial Protection Bureau alleged that Ocwen Financial Corporation, Ocwen Mortgage Servicing, Inc. and Ocwen Loan Servicing, LLC, collectively “Ocwen” “…improperly calculated…

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Know Who Affects Your Mortgage Servicing

JqjsB1GgGJ0 700 400 default Know the People Who Affect How Your Mortgage Servicing Is Handled The Servicing Association has a new Chairman. Ray Barbone, not to be confused with the shady character named Ray Barboni in the movie Get Shorty, is a well credentialed Executive Vice President (EVP) of Mortgage Services at BankUnited. BankUnited, the…

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