Mortgage Accord, Foreign Bribes, Municipal Bonds: Compliance
States have until Feb. 3 to decide whether to accept a proposed nationwide settlement of a foreclosure probe with banks including JPMorgan Chase & Co. and Citigroup Inc. that may total as much as $25 billion.
READ MORE: http://ping.fm/p3D7i
Tuesday, January 31, 2012
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/kcgQg
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/kcgQg
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/mytp7
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/mytp7
Goldman Sachs Faces Dutch Pension Fund Suit Over Risky Mortgages
Banking giant Goldman Sachs has been sued by Dutch pension fund ABP over residential mortgage-backed securities.
READ MORE: http://ping.fm/g8qD3
Banking giant Goldman Sachs has been sued by Dutch pension fund ABP over residential mortgage-backed securities.
READ MORE: http://ping.fm/g8qD3
Monday, January 30, 2012
Ambassador MSA Training Certification - 2 Day Class - February 25-26, 2012 - Las Vegas, NV (Tier 2)
Take your Securitization Education a step further, be brought up to speed on the industry’s most recent and important developments with continuing education, from CFLA’s leading experts. Learn how to find a trust, if the trust is not indicated on documents ~ How to find a trust, if the loan is not in foreclosure ~ Fannie/Freddie Trust Information ~ Bloomberg Training
REGISTER ONLINE: http://ping.fm/wG3Fj
Take your Securitization Education a step further, be brought up to speed on the industry’s most recent and important developments with continuing education, from CFLA’s leading experts. Learn how to find a trust, if the trust is not indicated on documents ~ How to find a trust, if the loan is not in foreclosure ~ Fannie/Freddie Trust Information ~ Bloomberg Training
REGISTER ONLINE: http://ping.fm/wG3Fj
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/ZBa7p
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/ZBa7p
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/Y4C56
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/Y4C56
New Financial Crimes Unit to Police Banks for Faulty Mortgages
A new Financial Crimes Unit, announced by President Barack Obama during last week's State of the Union address, could jeopardize regulations among five of the largest banks in the United States over mortgage fraud and wrongful foreclosures.
READ MORE: http://ping.fm/lP52V
A new Financial Crimes Unit, announced by President Barack Obama during last week's State of the Union address, could jeopardize regulations among five of the largest banks in the United States over mortgage fraud and wrongful foreclosures.
READ MORE: http://ping.fm/lP52V
Saturday, January 28, 2012
Ambassador MSA Training Certification - 2 Day Class - February 25-26, 2012 - Las Vegas, NV (Tier 2)
Take your Securitization Education a step further, be brought up to speed on the industry’s most recent and important developments with continuing education, from CFLA’s leading experts. Learn how to find a trust, if the trust is not indicated on documents ~ How to find a trust, if the loan is not in foreclosure ~ Fannie/Freddie Trust Information ~ Bloomberg Training
REGISTER ONLINE: http://ping.fm/Wva6E
Take your Securitization Education a step further, be brought up to speed on the industry’s most recent and important developments with continuing education, from CFLA’s leading experts. Learn how to find a trust, if the trust is not indicated on documents ~ How to find a trust, if the loan is not in foreclosure ~ Fannie/Freddie Trust Information ~ Bloomberg Training
REGISTER ONLINE: http://ping.fm/Wva6E
What can we expect from new DOJ/SEC/state AG task force on MBS?
I follow mortgage-backed securities litigation closely enough to be disgusted at the greed that fueled the securitization of insufficiently underwritten mortgages issued to homeowners who had no hope of paying them off. Sure, MBS investors and the bond insurers that backed MBS trusts were sophisticated and, to some extent, forewarned about the timebombs lurking in those mortgage pools. But you can't read the voluminous MBS filings by monolines and investors -- including the federal agency that oversees Fannie Mae and Freddie Mac -- without wishing that someone be held accountable for sending the housing market on a slide, and dragging down the rest of the economy with it.
http://ping.fm/xX6PU
I follow mortgage-backed securities litigation closely enough to be disgusted at the greed that fueled the securitization of insufficiently underwritten mortgages issued to homeowners who had no hope of paying them off. Sure, MBS investors and the bond insurers that backed MBS trusts were sophisticated and, to some extent, forewarned about the timebombs lurking in those mortgage pools. But you can't read the voluminous MBS filings by monolines and investors -- including the federal agency that oversees Fannie Mae and Freddie Mac -- without wishing that someone be held accountable for sending the housing market on a slide, and dragging down the rest of the economy with it.
http://ping.fm/xX6PU
Friday, January 27, 2012
U.S. Attorney General Holder, State and Federal Officials Announce Collaboration to Investigate Residential Mortgage-backed Securities Market
Attorney General Eric Holder along with Housing and Urban Development (HUD) Secretary Shaun Donovan, Securities and Exchange Commission (SEC) Director of Enforcement Robert Khuzami and New York Attorney General Eric T. Schneiderman today announced the formation of the Residential Mortgage-Backed Securities Working Group under President Obama’s Financial Fraud Enforcement Task Force (FFETF).
http://ping.fm/zYbeH
Attorney General Eric Holder along with Housing and Urban Development (HUD) Secretary Shaun Donovan, Securities and Exchange Commission (SEC) Director of Enforcement Robert Khuzami and New York Attorney General Eric T. Schneiderman today announced the formation of the Residential Mortgage-Backed Securities Working Group under President Obama’s Financial Fraud Enforcement Task Force (FFETF).
http://ping.fm/zYbeH
Mortgage fraud task force launched
More than three years after the height of the financial crisis, federal and state regulators on Friday launched a mortgage fraud task force to investigate the pooling and securitization of mortgage securities by big banks.
http://ping.fm/CZIPM
More than three years after the height of the financial crisis, federal and state regulators on Friday launched a mortgage fraud task force to investigate the pooling and securitization of mortgage securities by big banks.
http://ping.fm/CZIPM
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/7iyoy
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/7iyoy
Mortgage Settlement Still Very Much Up in the Air
There’s been a lot of back and forth over the past week as to whether or not the proposed mortgage settlement is imminent. Late last week and early this week, it appeared that a deal was close. Later, Iowa Attorney General Tom Miller, ostensibly the head of the investigation, said that no deal would be reached this week. The proposed deal, which may or may not include a settlement of around $25 billion in various concessions was decried in many circles for not pursuing criminal charges in the case of fraud, for passing much of the losses to pension fund holders, and for generally not going far enough in investigating the events that occurred during the credit bubble and in the subsequent foreclosure crisis.
READ MORE: http://ping.fm/vwW3G
There’s been a lot of back and forth over the past week as to whether or not the proposed mortgage settlement is imminent. Late last week and early this week, it appeared that a deal was close. Later, Iowa Attorney General Tom Miller, ostensibly the head of the investigation, said that no deal would be reached this week. The proposed deal, which may or may not include a settlement of around $25 billion in various concessions was decried in many circles for not pursuing criminal charges in the case of fraud, for passing much of the losses to pension fund holders, and for generally not going far enough in investigating the events that occurred during the credit bubble and in the subsequent foreclosure crisis.
READ MORE: http://ping.fm/vwW3G
Additional Resources for Financial Fraud Panel Look Light
In addition to the proposed settlement, there’s news on the Unit on Mortgage Origination and Securitization Abuses front. (As an aside, I don’t know what to call this thing. You could say “Financial Fraud Unit,” but there’s already one of those. The name above is the official title, but it’s a mouthful. You could shorten to “UMOSA,” but that’s an ugly acronym. You could say the “Schneiderman panel,” but it’s not his panel, he’s a co-chair. Welcome to my nightmare.)
READ MORE: http://ping.fm/Wm8JX
In addition to the proposed settlement, there’s news on the Unit on Mortgage Origination and Securitization Abuses front. (As an aside, I don’t know what to call this thing. You could say “Financial Fraud Unit,” but there’s already one of those. The name above is the official title, but it’s a mouthful. You could shorten to “UMOSA,” but that’s an ugly acronym. You could say the “Schneiderman panel,” but it’s not his panel, he’s a co-chair. Welcome to my nightmare.)
READ MORE: http://ping.fm/Wm8JX
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/ZHZts
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/ZHZts
Thursday, January 26, 2012
JP Morgan Failed to Ensure that Title to the Underlying Mortgage Loans was Effectively Transferred
Yesterday we put up John Hancock Life Insurance Co. v. JPMorgan Chase | JPMorgan Chase Sued by John Hancock Life Over Mortgage-Backed Securities. Remember, while you read the section of the complaint, that this ain’t no deadbeat homeowner making these claims. It is a big and powerful insurance company.
READ MORE: http://ping.fm/TLjFE
Yesterday we put up John Hancock Life Insurance Co. v. JPMorgan Chase | JPMorgan Chase Sued by John Hancock Life Over Mortgage-Backed Securities. Remember, while you read the section of the complaint, that this ain’t no deadbeat homeowner making these claims. It is a big and powerful insurance company.
READ MORE: http://ping.fm/TLjFE
AG backs expanded mortgage probe
Attorney General Eric Schneiderman on Wednesday promised to keep investigating the collapse of mortgage-backed securities that contributed to the national economic downturn, praising President Barack Obama’s creation of a new investigative effort Schneiderman is expected to chair.
READ MORE: http://ping.fm/oZfIx
Attorney General Eric Schneiderman on Wednesday promised to keep investigating the collapse of mortgage-backed securities that contributed to the national economic downturn, praising President Barack Obama’s creation of a new investigative effort Schneiderman is expected to chair.
READ MORE: http://ping.fm/oZfIx
President Obama creates new mortgage crisis unit
In last night’s State of the Union, President Obama announced a mortgage crisis unit that includes federal and state officials to investigate wrongdoing by banks related to real estate lending. Sam Stein at Huffington Post got the early details.
READ MORE: http://ping.fm/d64RW
In last night’s State of the Union, President Obama announced a mortgage crisis unit that includes federal and state officials to investigate wrongdoing by banks related to real estate lending. Sam Stein at Huffington Post got the early details.
READ MORE: http://ping.fm/d64RW
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/zuxgA
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/zuxgA
Obama Answers Bernanke Housing Pleas With Refinancing Proposal: Mortgages
President Barack Obama answered Ben S. Bernanke’s appeal for more action to fix the U.S. housing market that’s restraining the economic recovery by proposing a plan to help borrowers reduce their monthly mortgage payments.
http://ping.fm/h6sfY
President Barack Obama answered Ben S. Bernanke’s appeal for more action to fix the U.S. housing market that’s restraining the economic recovery by proposing a plan to help borrowers reduce their monthly mortgage payments.
http://ping.fm/h6sfY
Ambassador MSA Training Certification - 2 Day Class - February 25-26, 2012 - Las Vegas, NV (Tier 2)
Take your Securitization Education a step further, be brought up to speed on the industry’s most recent and important developments with continuing education, from CFLA’s leading experts. Learn how to find a trust, if the trust is not indicated on documents ~ How to find a trust, if the loan is not in foreclosure ~ Fannie/Freddie Trust Information ~ Bloomberg Training
REGISTER ONLINE: http://ping.fm/rwllM
Take your Securitization Education a step further, be brought up to speed on the industry’s most recent and important developments with continuing education, from CFLA’s leading experts. Learn how to find a trust, if the trust is not indicated on documents ~ How to find a trust, if the loan is not in foreclosure ~ Fannie/Freddie Trust Information ~ Bloomberg Training
REGISTER ONLINE: http://ping.fm/rwllM
The Belated Mortgage Fraud/Crisis Investigation
The most interesting news from the SOTU address was the very belated appointment of a mortgage investigation task force, the Office 0f Mortgage Origination and Securitization Abuses.
http://ping.fm/qfrkt
The most interesting news from the SOTU address was the very belated appointment of a mortgage investigation task force, the Office 0f Mortgage Origination and Securitization Abuses.
http://ping.fm/qfrkt
Wednesday, January 25, 2012
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/B2pmJ
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/B2pmJ
Learn from Industry's Leading ExpertsJP Morgan Sees 'Gigantic' Jump in HARP Refinancing, Executive Says
J.P. Morgan Chase & Co. (JPM) has seen a surge in residential loans refinanced through a flagship government mortgage program after the U.S. housing regulator ushered through revisions late last year, a Chase capital markets executive said on Tuesday.
READ MORE: http://ping.fm/XiaOK
J.P. Morgan Chase & Co. (JPM) has seen a surge in residential loans refinanced through a flagship government mortgage program after the U.S. housing regulator ushered through revisions late last year, a Chase capital markets executive said on Tuesday.
READ MORE: http://ping.fm/XiaOK
Schneiderman serves top federal officials in tackling mortgage abuses
As co-chairman of a new mortgage investigation unit announced last night by President Barack Obama, New York Attorney General Eric Schneiderman will work with federal agencies and state attorneys general to investigate parties that contributed to the global financial crisis by pooling and selling residential mortgage-backed securities. The Unit on Mortgage Origination and Securitization Abuses will be run through the President’s Financial Fraud Enforcement Task Force.
READ MORE: http://ping.fm/MCjR1
As co-chairman of a new mortgage investigation unit announced last night by President Barack Obama, New York Attorney General Eric Schneiderman will work with federal agencies and state attorneys general to investigate parties that contributed to the global financial crisis by pooling and selling residential mortgage-backed securities. The Unit on Mortgage Origination and Securitization Abuses will be run through the President’s Financial Fraud Enforcement Task Force.
READ MORE: http://ping.fm/MCjR1
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/b43XE
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/b43XE
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/XSWiM
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/XSWiM
Schneiderman serves top federal officials in tackling mortgage abuses
As co-chairman of a new mortgage investigation unit announced last night by President Barack Obama, New York Attorney General Eric Schneiderman will work with federal agencies and state attorneys general to investigate parties that contributed to the global financial crisis by pooling and selling residential mortgage-backed securities. The Unit on Mortgage Origination and Securitization Abuses will be run through the President’s Financial Fraud Enforcement Task Force.
READ MORE: http://ping.fm/oDijb
As co-chairman of a new mortgage investigation unit announced last night by President Barack Obama, New York Attorney General Eric Schneiderman will work with federal agencies and state attorneys general to investigate parties that contributed to the global financial crisis by pooling and selling residential mortgage-backed securities. The Unit on Mortgage Origination and Securitization Abuses will be run through the President’s Financial Fraud Enforcement Task Force.
READ MORE: http://ping.fm/oDijb
Tuesday, January 24, 2012
Why all the robosigning?
The Wall Street Journal reports that the Obama administration is now engaged in heavy arm-twisting to get the 50 state attorneys general to agree to a settlement with five major banks in the “robo-signing” scandal. The scandal involves employees signing names not their own, under titles they did not really have, attesting to the veracity of documents they had not really reviewed. Investigation is revealing that it did not just happen occasionally but was an industry-wide practice, dating back to the late 1990s, and that it may have invalidated the titles to tens of thousands of homes.
http://ping.fm/907Fe
The Wall Street Journal reports that the Obama administration is now engaged in heavy arm-twisting to get the 50 state attorneys general to agree to a settlement with five major banks in the “robo-signing” scandal. The scandal involves employees signing names not their own, under titles they did not really have, attesting to the veracity of documents they had not really reviewed. Investigation is revealing that it did not just happen occasionally but was an industry-wide practice, dating back to the late 1990s, and that it may have invalidated the titles to tens of thousands of homes.
http://ping.fm/907Fe
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/XmEWo
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/XmEWo
Fitch to Release Mortgage Models as Ranieri’s Lender Complains
Fitch Ratings is planning to share its grading model for U.S. home-loan bonds with issuers and investors as industry pioneer Lewis Ranieri’s lender complains that credit-ranking firms are hindering the market’s recovery.
http://ping.fm/lfFmq
Fitch Ratings is planning to share its grading model for U.S. home-loan bonds with issuers and investors as industry pioneer Lewis Ranieri’s lender complains that credit-ranking firms are hindering the market’s recovery.
http://ping.fm/lfFmq
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/ooP3e
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/ooP3e
Appeals court upholds MERS right to assign, foreclose on a mortgage
Mortgage Electronic Registration Systems Inc. has the right to assign a security deed and foreclose on a property that becomes part of the securitization process, the U.S. Court of Appeals for the 11th Judicial Circuit held in a new opinion.
http://ping.fm/T4Bl6
Mortgage Electronic Registration Systems Inc. has the right to assign a security deed and foreclose on a property that becomes part of the securitization process, the U.S. Court of Appeals for the 11th Judicial Circuit held in a new opinion.
http://ping.fm/T4Bl6
Monday, January 23, 2012
Senior Goldman bond executive retires: memo
Donald Mullen, a senior bond executive at Goldman Sachs (GS.N) who oversaw controversial subprime mortgage trades leading up to the financial crisis, has retired, according to an internal memo distributed on Friday and obtained by Reuters.
http://ping.fm/UrVyo
Donald Mullen, a senior bond executive at Goldman Sachs (GS.N) who oversaw controversial subprime mortgage trades leading up to the financial crisis, has retired, according to an internal memo distributed on Friday and obtained by Reuters.
http://ping.fm/UrVyo
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/9DJ7L
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/9DJ7L
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/HujPz
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/HujPz
This Could Be The Mortgage Lawsuit That Blows Up In JPMorgan's Face
Another lawsuit against JPMorgan Chase is brewing in California, and this one has the potential to blow up big.
http://ping.fm/JL9vx
Another lawsuit against JPMorgan Chase is brewing in California, and this one has the potential to blow up big.
http://ping.fm/JL9vx
Friday, January 20, 2012
One Year In, Schneiderman Goes His Own Way on Mortgages
When he took office, Schneiderman was invited to join a small group of state attorneys general known as the executive committee. This group was deep in negotiations with five large mortgage servicers, including Bank of America and JP Morgan Chase. The idea was to get a settlement with these banks that could bring in billions of dollars in aid for hundreds of thousands of troubled homeowners who’d been served faulty foreclosure documents, some of them including forged signatures.
READ MORE: http://ping.fm/F9y5p
When he took office, Schneiderman was invited to join a small group of state attorneys general known as the executive committee. This group was deep in negotiations with five large mortgage servicers, including Bank of America and JP Morgan Chase. The idea was to get a settlement with these banks that could bring in billions of dollars in aid for hundreds of thousands of troubled homeowners who’d been served faulty foreclosure documents, some of them including forged signatures.
READ MORE: http://ping.fm/F9y5p
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/RJmRX
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/RJmRX
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/wVA00
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
LEARN MORE & REGISTER ONLINE: http://ping.fm/wVA00
Do BofA filings disclose $1.5 bln in lawyers' fees?
Bank of America's eagerly-awaited fourth-quarter Securities and Exchange Commission filings landed Thursday. The bank reported that its liability for breaches of representations and warranties in mortgage-backed securitization contracts is up to $15.8 billion, with outstanding reps and warranties claims by Fannie Mae, Freddie Mac, bond insurers, and private-label investors already totalling $14.2 billion.
READ MORE: http://ping.fm/wOhxL
Bank of America's eagerly-awaited fourth-quarter Securities and Exchange Commission filings landed Thursday. The bank reported that its liability for breaches of representations and warranties in mortgage-backed securitization contracts is up to $15.8 billion, with outstanding reps and warranties claims by Fannie Mae, Freddie Mac, bond insurers, and private-label investors already totalling $14.2 billion.
READ MORE: http://ping.fm/wOhxL
Thursday, January 19, 2012
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/rjmdc
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/rjmdc
The Return of the Liquidating Trust
Recently, the Wall Street Journal highlighted the arrival of “bad loan securities.” If this is a trend, and I both hope and think it is, we clearly have to get a better deal name for these than “Insert Bank Name”, Bad Loan Securities 2012-1. Securitization of less than ideal conduit product has been with us since the birth of securitization, but reached its apogee in the RTC series, for non-performing loans, in the early to mid 1990s.
Read More: http://ping.fm/LvISa
Recently, the Wall Street Journal highlighted the arrival of “bad loan securities.” If this is a trend, and I both hope and think it is, we clearly have to get a better deal name for these than “Insert Bank Name”, Bad Loan Securities 2012-1. Securitization of less than ideal conduit product has been with us since the birth of securitization, but reached its apogee in the RTC series, for non-performing loans, in the early to mid 1990s.
Read More: http://ping.fm/LvISa
The mortgage finance lost years
The years following the housing crisis might as well be called the "the lost years" since so little has been done to fix lingering housing and mortgage finance issues.
Read More: http://ping.fm/CSMzx
The years following the housing crisis might as well be called the "the lost years" since so little has been done to fix lingering housing and mortgage finance issues.
Read More: http://ping.fm/CSMzx
LAST CHANCE!! Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/ysW26
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/ysW26
Wednesday, January 18, 2012
New Obstacles on the Course: State Foreclosure Laws Continue to Complicate Mortgage Loan Servicing
It is no secret that the housing crisis is a drag on the economy for which there appears to be no quick and easy fix. President Obama’s recent announcement that his administration would revise the underutilized Home Affordable Refinance Program (“HARP”) in the hopes of assisting underwater borrowers was the latest federal effort to assist homeowners during the ongoing financial crisis. As has been the case with each previous federal effort, the HARP announcement comes on the heels of ever more inventive – and, for servicers, expensive – state and local legislative initiatives with the same ends.
Read More: http://ping.fm/x4tdk
It is no secret that the housing crisis is a drag on the economy for which there appears to be no quick and easy fix. President Obama’s recent announcement that his administration would revise the underutilized Home Affordable Refinance Program (“HARP”) in the hopes of assisting underwater borrowers was the latest federal effort to assist homeowners during the ongoing financial crisis. As has been the case with each previous federal effort, the HARP announcement comes on the heels of ever more inventive – and, for servicers, expensive – state and local legislative initiatives with the same ends.
Read More: http://ping.fm/x4tdk
LAST CHANCE!! Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/0Ihov
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/0Ihov
Tuesday, January 17, 2012
Foreclosure “Squatters” Goad Lenders and Stand Pat
Delinquent borrowers are beginning to see a bright side to foreclosure -- they can stay in their homes, often living rent-free as courts and banks bat around their cases for months if not years.
Read More: http://ping.fm/Go5I1
Delinquent borrowers are beginning to see a bright side to foreclosure -- they can stay in their homes, often living rent-free as courts and banks bat around their cases for months if not years.
Read More: http://ping.fm/Go5I1
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/gUwET
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/gUwET
Freddie Mac Announces K-705 Offering of K Certificates Backed Only by 7-Year Multifamily Mortgages
Freddie Mac today announced its fifth offering of Structured Pass-Through Certificates ("K Certificates") backed exclusively by multifamily mortgages with a 7-year term. The company expects to offer approximately $1.0 billion in K Certificates ("K-705 Certificates"), which are expected to price the week of January 16, 2012, and settle on or about February 7, 2012.
Read More: http://ping.fm/8gEM3
Freddie Mac today announced its fifth offering of Structured Pass-Through Certificates ("K Certificates") backed exclusively by multifamily mortgages with a 7-year term. The company expects to offer approximately $1.0 billion in K Certificates ("K-705 Certificates"), which are expected to price the week of January 16, 2012, and settle on or about February 7, 2012.
Read More: http://ping.fm/8gEM3
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/J9iSL
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/J9iSL
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/pkVlg
READ MORE & REGISTER ONLINE: http://ping.fm/pkVlg
Monday, January 16, 2012
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/wRaj3
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/wRaj3
On the Trail of Mortgage Fraud
Queens has been harder hit by foreclosures than any other New York borough, and the Federal Bureau of Investigation believes it has found a culprit. Last July, the F.B.I. accused Edul Ahmad, a local broker, of a $50 million mortgage fraud, saying he lured fellow immigrants into subprime mortgages, inflated the values of their properties and concealed his involvement in deals that were ruinous for scores, if not hundreds, of borrowers.
Read More: http://ping.fm/frX6L
Queens has been harder hit by foreclosures than any other New York borough, and the Federal Bureau of Investigation believes it has found a culprit. Last July, the F.B.I. accused Edul Ahmad, a local broker, of a $50 million mortgage fraud, saying he lured fellow immigrants into subprime mortgages, inflated the values of their properties and concealed his involvement in deals that were ruinous for scores, if not hundreds, of borrowers.
Read More: http://ping.fm/frX6L
Audit Notes: Triple Dip; Bloomberg Terminals; Goldman, AIG, and the Fed
Rolling Stone’s Matt Taibbi revisits the tale, reported by Teri Buhl in The Atlantic last year, of the former Bear Stearns executive who now works high up in Goldman Sachs and is being sued, along with his former and current employers, by the Federal Housing Finance Agency for fraud.
Read More: http://ping.fm/xSRv5
Rolling Stone’s Matt Taibbi revisits the tale, reported by Teri Buhl in The Atlantic last year, of the former Bear Stearns executive who now works high up in Goldman Sachs and is being sued, along with his former and current employers, by the Federal Housing Finance Agency for fraud.
Read More: http://ping.fm/xSRv5
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/gg6Pn
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/gg6Pn
Friday, January 13, 2012
Redwood bringing $415 million RMBS to market
Redwood Trust will bring a fourth privately funded residential mortgage-backed securities deal to market containing 446 loans with a balance of roughly $415.7 million, according to a pre-sale report released by Fitch Ratings Thursday.
http://ping.fm/XLn7H
Redwood Trust will bring a fourth privately funded residential mortgage-backed securities deal to market containing 446 loans with a balance of roughly $415.7 million, according to a pre-sale report released by Fitch Ratings Thursday.
http://ping.fm/XLn7H
Top real estate market news of 2011
The holidays are over, the decorations have been taken down and New Year's Eve has come and gone. We're onto a new chapter of the real estate story, and everyone is hoping it's better than the last one. There were some positive signs last year, but overall the market remained oversaturated and underperforming.
http://ping.fm/QsVoe
The holidays are over, the decorations have been taken down and New Year's Eve has come and gone. We're onto a new chapter of the real estate story, and everyone is hoping it's better than the last one. There were some positive signs last year, but overall the market remained oversaturated and underperforming.
http://ping.fm/QsVoe
Top real estate market news of 2011
The holidays are over, the decorations have been taken down and New Year's Eve has come and gone. We're onto a new chapter of the real estate story, and everyone is hoping it's better than the last one. There were some positive signs last year, but overall the market remained oversaturated and underperforming.
http://ping.fm/SFIdK
The holidays are over, the decorations have been taken down and New Year's Eve has come and gone. We're onto a new chapter of the real estate story, and everyone is hoping it's better than the last one. There were some positive signs last year, but overall the market remained oversaturated and underperforming.
http://ping.fm/SFIdK
Redwood bringing $415 million RMBS to market
Redwood Trust will bring a fourth privately funded residential mortgage-backed securities deal to market containing 446 loans with a balance of roughly $415.7 million, according to a pre-sale report released by Fitch Ratings Thursday.
http://ping.fm/JZMfS
Redwood Trust will bring a fourth privately funded residential mortgage-backed securities deal to market containing 446 loans with a balance of roughly $415.7 million, according to a pre-sale report released by Fitch Ratings Thursday.
http://ping.fm/JZMfS
Mortgage Securitization Auditor Training - 3 Day Class - February 17th - 19th, 2012 - Atlanta, GA
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/WOPLP
Certified Forensic Loan Auditors, LLC. has created a comprehensive training certification program entitled: Mortgage Securitization Auditor "MSA"- A 24-hour in-person intensive seminar held across the country.
REGISTER ONLINE: http://ping.fm/WOPLP
"Quiet Title Workshop BAR APPROVED CLE" ~ Atlanta, GA with Regis P Sauger, 02/11/12
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/qbujA
Understanding Quiet Title is the key to success in fighting illegal foreclosure cases from the bank. This is the ONLY course of it's kind, and has been approved by The FLORIDA BAR for attorneys to receive continuing education credits (Course ID 86101, 14C.L.E.R.), as well as being approved by the Nevada, Georgia, and Wisconsin Bars, with several other states pending. Are you ready to become one of the pioneers of a program that is currently shocking banks around the nation? Are you ready to make a difference?
REGISTER ONLINE & LEARN MORE:
http://ping.fm/qbujA
Thursday, January 12, 2012
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/C895u
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/C895u
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/N9c1G
READ MORE & REGISTER ONLINE: http://ping.fm/N9c1G
Wednesday, January 11, 2012
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/WE2Z9
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/WE2Z9
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/dBkiL
READ MORE & REGISTER ONLINE: http://ping.fm/dBkiL
Tuesday, January 10, 2012
Fed Governor Sarah Bloom Raskin Addresses Foreclosure Crisis and the Rule of Law
One of the most galling things to me about the foreclosure crisis has been the flagrant and apparent total disregard for the rule of law. The rampant and blatant abuses committed in the processes of mortgage origination, securitization, and foreclosure have only started to be addressed in the past couple of years, and we still have seen a paucity of criminal investigations over what appears to be naked fraud.
http://ping.fm/JkUqV
One of the most galling things to me about the foreclosure crisis has been the flagrant and apparent total disregard for the rule of law. The rampant and blatant abuses committed in the processes of mortgage origination, securitization, and foreclosure have only started to be addressed in the past couple of years, and we still have seen a paucity of criminal investigations over what appears to be naked fraud.
http://ping.fm/JkUqV
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/wIfU7
READ MORE & REGISTER ONLINE: http://ping.fm/wIfU7
Monday, January 9, 2012
Bear Stearns Asset Backed Securities Trust 2005-4 v. EMC Mortgage Corp | JPMorgan Sued for $95 Million Over Mortgage Securities
JPMorgan Sued for $95 Million Over Mortgage Securities (Reuters) – JPMorgan Chase & Co has been sued for $95 million by the trustee for securities marketed in 2005 by the former Bear Stearns Cos over alleged misrepresentations regarding the underlying mortgage loans. US Bank NA wants to force JPMorgan to buy back the mortgage loans.
http://ping.fm/GAFR1
JPMorgan Sued for $95 Million Over Mortgage Securities (Reuters) – JPMorgan Chase & Co has been sued for $95 million by the trustee for securities marketed in 2005 by the former Bear Stearns Cos over alleged misrepresentations regarding the underlying mortgage loans. US Bank NA wants to force JPMorgan to buy back the mortgage loans.
http://ping.fm/GAFR1
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/8cYR6
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/8cYR6
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/IFsxg
READ MORE & REGISTER ONLINE: http://ping.fm/IFsxg
Court Eases Insurer’s Burden In Mortgage Backed Securities Case
A typical pre-Fiscal Crisis mortgage-backed securitization began with a group of mortgage loans originated or acquired by a lender that were sold to a trust. The trust, in turn, issued notes and certificates backed by the loans to investors. Investors were promised a return of principal with interest that depended on an ongoing stream of principal and interest payments on the mortgage loans held by the trusts. Importantly, insurance policies guaranteed that the payments to the investors would be made.
http://ping.fm/BrTo6
A typical pre-Fiscal Crisis mortgage-backed securitization began with a group of mortgage loans originated or acquired by a lender that were sold to a trust. The trust, in turn, issued notes and certificates backed by the loans to investors. Investors were promised a return of principal with interest that depended on an ongoing stream of principal and interest payments on the mortgage loans held by the trusts. Importantly, insurance policies guaranteed that the payments to the investors would be made.
http://ping.fm/BrTo6
Friday, January 6, 2012
Banks' Worst Fear for 2012
There are so many threats to the largest U.S. banks it can be dizzying trying to keep up with it all. Analysts have been saying for months that bank stocks are at historic low valuations, and yet lower still they go.
http://ping.fm/glhZi
There are so many threats to the largest U.S. banks it can be dizzying trying to keep up with it all. Analysts have been saying for months that bank stocks are at historic low valuations, and yet lower still they go.
http://ping.fm/glhZi
Investors Seek Probe Into Wells Fargo Mortgage Bonds
Gibbs & Bruns LLP—the law firm that helped secure a proposed $8.5 billion mortgage settlement with Bank of America Corp.—Thursday said its investor clients seek an investigation into more than $19 billion of mortgage securities issued by Wells Fargo & Co.
http://ping.fm/6F1gK
Gibbs & Bruns LLP—the law firm that helped secure a proposed $8.5 billion mortgage settlement with Bank of America Corp.—Thursday said its investor clients seek an investigation into more than $19 billion of mortgage securities issued by Wells Fargo & Co.
http://ping.fm/6F1gK
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/XOWH7
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/XOWH7
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/g7IUU
READ MORE & REGISTER ONLINE: http://ping.fm/g7IUU
Thursday, January 5, 2012
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/QqcMD
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/QqcMD
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/wn17X
READ MORE & REGISTER ONLINE: http://ping.fm/wn17X
LAST CHANCE! ~ State Bar Approved ~ Securitization Litigation & Quiet Title Workshop ~ CLE Seminar, Las Vegas ~ Jan 7, 2012
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/2iiTQ
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/2iiTQ
No joy for MBS investors in NY judge's bond insurer rulings
Tuesday's parallel rulings by Manhattan State Supreme Justice Eileen Bransten in MBIA and Syncora suits against Countrywide were a big win for the bond insurers. The judge concluded that MBIA and Syncora need only show that Countrywide materially misled them at the time they agreed to write insurance on Countrywide mortgage-backed notes, not that the alleged misrepresentations led directly to MBS defaults and subsequent insurance payouts. Bransten is considered a leading judge on MBS issues, so her grant of summary judgment on the insurance fraud and contract issues should be a boon to all of the monolines engaged in do-or-die litigation with MBS issuers.
http://ping.fm/2S0qA
Tuesday's parallel rulings by Manhattan State Supreme Justice Eileen Bransten in MBIA and Syncora suits against Countrywide were a big win for the bond insurers. The judge concluded that MBIA and Syncora need only show that Countrywide materially misled them at the time they agreed to write insurance on Countrywide mortgage-backed notes, not that the alleged misrepresentations led directly to MBS defaults and subsequent insurance payouts. Bransten is considered a leading judge on MBS issues, so her grant of summary judgment on the insurance fraud and contract issues should be a boon to all of the monolines engaged in do-or-die litigation with MBS issuers.
http://ping.fm/2S0qA
Wednesday, January 4, 2012
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/ZMCP4
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/ZMCP4
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/7c6mY
READ MORE & REGISTER ONLINE: http://ping.fm/7c6mY
BofA, JPMorgan, WJB Capital, BP, Stanford, Exxon-Venezuela in Court News
Bank of America Corp. lost a ruling in a court fight against MBIA Inc. (MBI) that will help the bond insurer as it tries to recover losses on home loans made by the bank’s Countrywide Financial unit.
READ MORE: http://ping.fm/9hYNr
Bank of America Corp. lost a ruling in a court fight against MBIA Inc. (MBI) that will help the bond insurer as it tries to recover losses on home loans made by the bank’s Countrywide Financial unit.
READ MORE: http://ping.fm/9hYNr
LAST CHANCE! ~ State Bar Approved ~ Securitization Litigation & Quiet Title Workshop ~ CLE Seminar, Las Vegas ~ Jan 7, 2012
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/GAywf
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/GAywf
Mortgage Finance Act of 2011 Aims To Recreate Secondary Market
Senator Johnny Isakson, himself a former real estate broker from Atlanta, Georgia, has introduced The Mortgage Finance Act of 2011 with the goal of recreating the secondary mortgage market in a way that will integrate with the new Qualified Residential Mortgage provisions created under the Dodd-Frank legislation.
READ MORE: http://ping.fm/kQ0Gd
Senator Johnny Isakson, himself a former real estate broker from Atlanta, Georgia, has introduced The Mortgage Finance Act of 2011 with the goal of recreating the secondary mortgage market in a way that will integrate with the new Qualified Residential Mortgage provisions created under the Dodd-Frank legislation.
READ MORE: http://ping.fm/kQ0Gd
Tuesday, January 3, 2012
Coming to Las Vegas! - Jan 20-22, 2012 - Mortgage Securitization Auditor Training Certification Training
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/5yGws
Our Mortgage Securitization Auditor Training Class is a cutting edge, highly innovative, and comprehensive (3) day instruction that is designed to help industry professionals obtain highly specialized skill sets, sought after trade secrets, and industry credentials!
READ MORE & REGISTER ONLINE: http://ping.fm/5yGws
The CFLA Program is Back! ~ Forensic Loan Auditor Certification Training Program ~ 3 Day Class - January 27th - 29th, 2012 - San Diego, CA
READ MORE & REGISTER ONLINE: http://ping.fm/DLys2
READ MORE & REGISTER ONLINE: http://ping.fm/DLys2
Save $200 on Early Registration "Mortgage Securitization & Quiet Title Workshop" CLE Jan 7, Las Vegas http://ping.fm/iNrzz
LAST CHANCE! ~ State Bar Approved ~ Securitization Litigation & Quiet Title Workshop ~ CLE Seminar, Las Vegas ~ Jan 7, 2012
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/Z0ox1
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/Z0ox1
JPMorgan Sued for $95 Million Over Mortgage Securities
JPMorgan Chase & Co., the biggest U.S. bank by assets, was sued for about $95 million over mortgage loans bundled into securities.
http://ping.fm/sK0sa
JPMorgan Chase & Co., the biggest U.S. bank by assets, was sued for about $95 million over mortgage loans bundled into securities.
http://ping.fm/sK0sa
Monday, January 2, 2012
MassMutual sues five financial giants
Massachusetts Mutual Life Insurance Co. has filed suit against five financial services companies alleging that $200 million in mortgage-backed securities that purchased for the Springfield-based company are worthless.
http://ping.fm/7guc2
Massachusetts Mutual Life Insurance Co. has filed suit against five financial services companies alleging that $200 million in mortgage-backed securities that purchased for the Springfield-based company are worthless.
http://ping.fm/7guc2
LAST CHANCE! ~ State Bar Approved ~ Securitization Litigation & Quiet Title Workshop ~ CLE Seminar, Las Vegas ~ Jan 7, 2012
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/W0Qq0
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/W0Qq0
LAST CHANCE! ~ State Bar Approved ~ Securitization Litigation & Quiet Title Workshop ~ CLE Seminar, Las Vegas ~ Jan 7, 2012
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/vJkG6
Pre-Litigation, Litigation, Quiet Title, UCC, Fraud, Waiver/Promissory Estoppel, Intentional Infliction of Emotional Distress, Non-Judicial Foreclosure (CA), Litigation – Ownership/Title – CA, Litigation – Possession/Unlawful Detainer – CA, Protecting Tenants At Foreclosure Act, Ethics, Fee Agreement
READ MORE & REGISTER ONLINE: http://ping.fm/vJkG6
MassMutual sues five financial giants
Massachusetts Mutual Life Insurance Co. has filed suit against five financial services companies alleging that $200 million in mortgage-backed securities that purchased for the Springfield-based company are worthless.
http://ping.fm/u7Pl1
Massachusetts Mutual Life Insurance Co. has filed suit against five financial services companies alleging that $200 million in mortgage-backed securities that purchased for the Springfield-based company are worthless.
http://ping.fm/u7Pl1
JPMorgan Chase and Ally Bank Sued Over Mortgage Bond Losses
JPMorgan Chase & Co. and Ally Bank are among financial institution blamed in lawsuits over misrepresented mortgage bonds. German lender HSH Nordbank AG is suing the banks involved in hopes of recouping $293 million in losses.
http://ping.fm/nqB3g
JPMorgan Chase & Co. and Ally Bank are among financial institution blamed in lawsuits over misrepresented mortgage bonds. German lender HSH Nordbank AG is suing the banks involved in hopes of recouping $293 million in losses.
http://ping.fm/nqB3g
CFLA Launches NEW RATES on Complete Forensic Loan Audit & Litigation Package!!
This package is designed to take an attorney through the Demurrer stage of litigation, using valid causes of action brought about through the auditing process. The goal of this package is to get into Discovery and come to reasonable terms on the loan for the Borrower.
http://ping.fm/h9mNr
This package is designed to take an attorney through the Demurrer stage of litigation, using valid causes of action brought about through the auditing process. The goal of this package is to get into Discovery and come to reasonable terms on the loan for the Borrower.
http://ping.fm/h9mNr
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