November 17, 2007 – 11:24 am
An article by Diane Francis appeared in the Financial Post on Saturday, November 17, 2007. Titled “Subprime mess is a crime story” the article outlined key issues. Diane said “At the top were mortgage lenders, then Wall Street and others who exported junk debts to lenders around the world after prettying them up. At the [...]
By Timothy Blake
|
Also posted in Analysis, Archives, Editorial, Government Positions, Mortgage Fraud, Opinion
|
Tagged Analysis, Archives, bank, bankrupt, banks, depression, Derivatives, Editorial, government, Government Positions, HSBC, industry, Lenders, mortgage, mortgage broker, Mortgage Fraud, OCC, Opinion, regulators, SEC, subprime, Tax Debt, Wells Fargo
|
August 21, 2007 – 5:10 pm
I do not have any houses serviced by American Home, but have been tracking the progress of the mortgage payment servicers for mortgages during the mortgage meltdown. American Home is holding payments collected from borrowers and not forwarding the money to the lender as specified in their servicing contract. Their defense of the action is [...]
August 20, 2007 – 10:48 am
If you are a victim of foreclosure you might receive form 1099 from the Internal Revenue Service. In a recently commented case the homeowner lost his home to foreclosure. His mortgage company, Wells Fargo, bought the home at auction on the court house steps. Wells paid one dollar for the home. The former owner received [...]
Subscribe to feed
Most Searched For