Foreclosure Fraud – In the Beginning

Max Gardner’s long-standing battle against predatory lenders, mortgage foreclosure fraud and dishonest debt collectors is well known to those who follow these issues.  Nye Lavalle’s diligent years-long effort to document and expose the flaws in the mortgage servicing and foreclosure process is certainly well known now through this explosive New York Times article.  What most don’t know is that Max and Nye first connected about …

Fannie Mae Didn’t Act on Early Evidence of Foreclosure Fraud, Impropriety

“Any attorney general, lawyer, bank director, judge, regulator or member of Congress who does not open their eyes to the abuse, ask pertinent questions and allow proper investigation and discovery is only assisting in the concealment of what may be the fraud of our lifetime.”  -Nye Lavalle Quite possibly, you’ve never head of Nye Lavalle.  If you have, it probably …

The Big News in the Foreclosure Industry is that Nothing Has Changed

Robo-signing has been national news for months, and an increasing number of foreclosure defense attorneys, bankruptcy lawyers and others working on behalf of consumers have grown wise to the ways of mortgage servicers and their brethren.  Courts, even some that originally turned a blind eye, are beginning to look hard at servicers, banks, foreclosure plaintiffs attorneys and everyone else involved …

“MERS & Banks may have added fraud to the repertoire of services they offer”

Just one day after Guilford County, NC Register of Deeds Jeff Thigpen announced a press conference during which he would reveal the findings of his investigation into fraudulent mortgage practices, Essex Southern District (of Massachusetts) Registry of Deeds and Register John O’Brien announced that he had forwarded certified copies of 286  Bank of America’s mortgage discharges recorded with what he calls “questionable and possibly …

North Carolina Register of Deeds to Hold Mortgage Fraud Press Conference

Guilford County Register of Deeds Jeff Thigpen will hold a press conference in the Blue Room in the Old Guilford County Courthouse on Wednesday, May 6th at 10 am. Thigpen will reveal the results of an internal investigation undertaken after a recent 60 Minutes segment which exposed fraudulent activity on the part of DocX, which is owned by Lender Processing Servicers …

A Mortgage Mess Metaphor

Boot Camper Matthew Bogosian recently posted this metaphor for the mortgage foreclosure process that’s been running wild across the country on his blog.  It’s funny because it’s so true…and not funny, because it’s so true.  Definitely worth a read for those who have been watching in dismay as fake documents and “well, you owe the money to someone” philosophies have …