Same Old Story: Paper Trail vs, Money Trail (Freddie Mac) Posted on May 15, 2018 by Neil Garfield

Same Old Story: Paper Trail vs, Money Trail (Freddie Mac) Posted on May 15, 2018 by Neil Garfield Payment by third parties may not reduce the debt but it does increase the number of obligees (creditors). Hence in every one of these foreclosures, except for a minuscule portion, indispensable parties were left out and third…Read more »

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Wells Fargo Agrees to pay $1.2 Billion (yes, with a B) to resolve claims by Justice Dept. & other federal agencies for the origination of “shoddy loans” insured by FHA

Compliance & Regulation Why Wells Fargo Blinked in Its FHA Fight with the Government Kate Berry By Kate Berry February 3, 2016 http://www.nationalmortgagenews.com/news/compliance-regulation/why-wells-fargo-blinked-in-its-fha-fight-with-the-government-1071213-1.html?utm_medium=email&ET=nationalmortgage:e4010451:a:&utm_source=newsletter&utm_campaign=-feb%205%202016&st=email The long arm of the government is tough to elude, even if you are the nation’s largest home lender. Wells Fargo stunned the mortgage industry Wednesday by tentatively agreeing to pay $1.2…Read more »

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Housing Wire’s Lynn Effinger: The Same Culprits are Re-inflating the Housing Bubble

The same culprits are re-inflating the housing bubble Here we go again… October 26, 2015 http://www.housingwire.com/blogs/1-rewired/post/35458-the-same-culprits-are-re-inflating-the-housing-bubble Lynn Effinger Lest anyone mistakenly believe that I am a lone voice questioning why the ruling/governing class in America seem to have already forgotten what led to the financial and housing crisis that sparked this nation’s longest recession, Stephen…Read more »

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