Tom Cox is profiled in an article for Fortune/CNN, discussing his interesting path leading up to his fight against fraud in the mortgage industry and saving peoples’ homes. When I was in private practice, I had law partners that I was seeing every day. I maintain relationships with some of them today, we took great pride in representing our clients …
Linda Almonte Getting Attention from the Other Side of the Fence
We know we’re doing something right when the opposition turns their attention our way. Remember when the Mortgage Bankers’ Association decided to put together a little presentation for its annual meeting to help its members combat Boot Campers? Apparently, Max isn’t alone in drawing attention from the opposition. He recently shared this article from InsideARM.com, wherein an InsideARM editor offered …
The Next Line of Defense in the Battle Against Foreclosure Fraud
Law enforcement officials across the country let us all down with a bank “settlement” that was all concession to the institutions that caused the problem and very little protection for the victims of the foreclosure crisis or the economy. It’s still the rare court that fully understands the issues and has the courage to do the right thing. With all …
Bank Settlement Primarily Benefits Banks, Leaves Mortgage Fraud Victims in the Cold
The details of the national mortgage fraud settlement with Bank of America, JP Morgan Chase, CitiGroup, Ally Financial and Wells Fargo are in, and nobody is happy except the banks. Max’s initial reaction to the settlement: The reports released today by the Investigator General for HUD with respect to the five major banks involved in the settlement with the Department of …
Southern Essex District (MA) Register of Deeds John O’Brien Calls for Criminal Action against Big Banks
Salem, MA – January 18th, 2012 O’Brien calls for criminal action against the Big Banks Says they acted like “criminal enterprise” Saying that the time has come for a full scale criminal investigation, Southern Essex District Register of Deeds John O’Brien, today has sent some 31,897 of what he says are fraudulent documents that have been recorded in the Salem …
Max Gardner’s Truth in Mortgage Documents Act
1. On every Mortgage Assignment, and every Missing or Lost Assignment Affidavit, filed in the Official Records of any county in this State, or filed in any Court in this State, each signer, including any witness or notary, must sign his or her own name, regardless of any authorization by any individual or entity to sign any other name. 2. …
Tom Cox on How the Maine Supreme Court Dropped the Ball on Robo-Signing
Attorney Tom Cox reports on the Maine Supreme Court’s ruling in the case that unveiled “robo-signing”. The upshot, sadly, is that the Court spends a bit of time talking about the egregious nature of GMAC’s behavior and the fact that this wasn’t the first time the issue had been raised and so it was pretty unlikely that the powers-that-were at …
One Year Later…Nothing
It’s been a year since 50 state Attorneys General announced that they would undertake an investigation into bank foreclosure procedures. Many of us thought government regulators were a bit late to the party at that point, but since the damage was still in full swing they could still have taken meaningful action. Unfortunately, that hasn’t happened: at the one-year anniversary …
Beau Biden on Occupy Wall Street
Delaware Attorney General, Beau Biden, interviewed on MSNBC’s ‘UP with Chris Hayes’ discussing, among other things, the state attorneys general negotiations with the banks. Visit msnbc.com for breaking news, world news, and news about the economy
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 …