If you are a Distressed Consultant, as defined in the NY Foreclosure Prevention & Responsible Lending Act of 2008 and discussed in a prior post, then you need to know how to stay compliant with the law to avoid civil and criminal penalties.
If you are a Distressed Consultant, as defined in the NY Foreclosure Prevention & Responsible Lending Act of 2008 and discussed in a prior post, then you need to know how to stay compliant with the law to avoid civil and criminal penalties.
I am an admitted tech geek. I am always seeking and evaluating the next big thing – especially if it is going to make me more efficient and/or free me from the constraints of an office. That is where my two newest purchases come in: the Verizon MiFi 2200 and the Power Monkey Classic v2….
JOHNSON v. MELNIKOFF, 2008-08857 [2d Dept 8-4-2009] 2008-08857 Decided on August 4, 2009. In an action, inter alia, pursuant to RPAPL article 15 to determine title to real property, the defendant Bank of New York Trust Company, N.A., appeals, as limited by its notice of appeal and brief, from so much of an order of…
Evidently the government is serious about getting these delinquent mortgages modified – here is another positive change to HAMP: Press Release from HUD: WASHINGTON – U.S. Department of Housing and Urban Development Secretary Shaun Donovan today announced the Federal Housing Administration (FHA) has implemented changes to its loan modification program to ensure consistency with the…
I had an instant messenger conversation last night with a good mortgage broker friend of mine who was very upset. Her client’s home was due to be auctioned shortly, even though there was a loan modification in progress. The consultants, retained by the homeowner to assist in filing an Order to Show Cause to stop…
Those engaged in foreclosure defense should take a closer look at loans originated by TBW when structuring their defense strategy… Florida Company Reaches Multi-state Agreement Over Non-traditional Loans Carrie Bay | 06.25.09 Taylor Bean & Whitaker Mortgage Corp. (TBW), a wholesale lender based in Ocala, Florida, has agreed to pay 13 states and the District…
CNN recently posted a video on their website detailing the “shocking” story of a woman who paid her mortgage but whose home is being foreclosed upon, jumping on the fraud bandwagon and telling the stories of homeowners preyed upon by the real estate & banking industry. The video leaves out more than it tells, in…
