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Mortgage Bankers Association No Longer Trusts MERS with its Data Standards Initiative

According to Housingwire… MBA takes MISMO back from MERS “A lot of noise has been made about the new MERS CEO and the recent court wins for the company, but I find it rather interesting that the MBA no longer trusts the company with its data standards initiative,” the source said. Where has the [...]

Short-sale fraud costs lenders $310 million annually.(Briefing Book): An article from: Mortgage Banking

Short-sale fraud costs lenders 0 million annually.(Briefing Book): An article from: Mortgage Banking

This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on October 1, 2010. The length of the article is 356 words. The page length shown above is based on a typical 300-word page. [...]

Robo-signed | Fraudulent Mortgage Documents Fill County Files Dating to the Late 1990s or Since the Inception of MERS

Fraudulent mortgage documents fill county files NEW YORK — Counties across the United States are discovering that illegal or questionable mortgage paperwork is far more widespread than thought, tainting the deeds of tens of thousands of homes dating to the late 1990s. The suspect documents could create legal trouble for homeowners for years. Already, [...]

CAN YOU STOP PAYING YOUR MORTGAGE?

STRATEGIC DEFAULTS REVISITED: SHOULD YOU STOP PAYING?Posted on September 11, 2011 by Neil Garfield MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS –… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

ARE YOU A VICTIM OF WELLS FARGO’S [...]

IS YOUR MORTGAGE ENFORCEABLE?

UCC: NO NAME, NO RIGHTS — IMPERFECT LIEN IF ACTUAL SECURITY HOLDER NOT NAMEDPosted on September 9, 2011 by Neil GarfieldMOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

ARE YOU A VICTIM OF WELLS FARGO’S [...]

Time to Lock ‘em Up | Vexed by Securitization Suit, Banks Pull Out of Mortgage Fraud Settlement Meeting

  Vexed by Securitization Suit, Banks Pull Out of Mortgage Fraud Settlement Meeting The five biggest mortgage servicers have cancelled a planned negotiating session with representatives of the 50 State Attorneys General in apparent protest over a federal regulator filing suit against them, a source familiar with the matter tells TIME. The banks canceled [...]

PRO SE LITIGANTS MUST READ ORIGINATORS OF MORTGAGE LOANS WERE BURIED. FAILURE TO PERFECT THE LOANS MAKES THE MORTGAGE LIEN UNENFORCEABLE; THE DEBT BECOMES UNSECURED, NO ONE CAN FORECLOSE AGAINST YOU FOR THAT DEBT.

Originators of Loans Were BuriedPosted on September 6, 2011 by Neil Garfield MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HEREEDITOR’S… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

ARE YOU A VICTIM OF WELLS FARGO’S [...]

Conyers Lauds Decision by Federal Agency to Sue Banks for Mortgage Securities Fraud as Good First Step; Cites Need for Regulators to do More for Defrauded Homeowners

Conyers Lauds Decision by Federal Agency to Sue Banks for Mortgage Securities Fraud as Good First Step; Cites Need for Regulators to do More for Defrauded Homeowners (WASHINGTON) – Today, House Judiciary Committee Ranking Member John Conyers, Jr. (D-Mich.) issued the following statement: “The Federal Housing Finance Agency, which is overseeing the mortgage giants [...]

Letter | Merkley Urges Obama to Include Mortgage Help, Energy Efficiency Programs in Jobs Agenda

Merkley Urges Obama to Include Mortgage Help, Energy Efficiency Programs in Jobs Agenda Portland, OR – Next week, President Barack Obama plans to lay out an agenda to jumpstart the American economy and create jobs.  Oregon’s Senator Jeff Merkley is urging him to use that opportunity to take aggressive action to keep families in [...]

LPS’ Mortgage Monitor Report Shows Average Loan in Foreclosure Is Delinquent for Record 599 Days

  LPS’ Mortgage Monitor Report Shows Average Loan in Foreclosure Is Delinquent for Record 599 Days; First-Time Foreclosure Starts Near Three-Year Lows JACKSONVILLE, Fla., Aug. 30, 2011 /PRNewswire via COMTEX/ — The July Mortgage Monitor report released by Lender Processing Services, Inc. LPS -0.33% shows that foreclosure timelines continue their steady upward trend, as [...]