Monthly Archives: December 2009

SEC finally sues New Century Financial Corp

December 9, 2009 – 3:04 pm

From 2007 through 2009 Mortgage Blues reported on the subprime crisis. Daily articles highlighted a nation in turmoil as financial greed and abuse rocked the country.

By Timothy Blake | Posted in Government Positions | Tagged , , , , , | Comments Off

Advice for those applying for a HAMP mortgage modification

December 4, 2009 – 4:02 pm

From our Saxon Mortgage watchdog and consumer advocacy website comes this information concerning the HAMP program. The information was submitted by a HAMP applicant who initially was told of missing paperwork. The complaint is frequently heard about mortgage servicers including Saxon Mortgage. Citigroup had similar complaints about missing paperwork.

By Timothy Blake | Posted in Foreclosure | Tagged , , , , | Comments Off