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FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 23, 2017

by Fraud Stoppers Admin | May 23, 2017 | Foreclosure Defense News, Tactics, and Tips

FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 23, 2017 Revised UCC Article 9, IRC 1031 Like Kind Exchange Transactions, and Liens on Real Property. Did the lien’s beneficial interest maintain perfection, and was it therefore eligible to be...

$142M Wells Fargo Deal Moves Forward Despite Objections

by Fraud Stoppers Admin | May 19, 2017 | Foreclosure Defense News, Tactics, and Tips

$142M Wells Fargo Deal Moves Forward Despite Objections SAN FRANCISCO (CN) – A federal judge said Thursday he will likely approve a $142-million Wells Fargo settlement, despite objections that the deal lets the bank off easy for opening millions of unauthorized...

HSBC : settles bondholders’ claims of Libor manipulation

by Fraud Stoppers Admin | May 18, 2017 | Foreclosure Defense News, Tactics, and Tips

HSBC : settles bondholders’ claims of Libor manipulation HSBC Holdings Plc has settled claims by a group of U.S. bondholders that it conspired with rivals to rig the Libor benchmark interest rate, according to a New York court filing on Monday by the bondholders’...

FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 16, 2017

by Fraud Stoppers Admin | May 16, 2017 | Foreclosure Defense News, Tactics, and Tips

FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update May 16, 2017 From THE PAPER CHASE, Pages 50-51, Adam Levitin. “Even in cases in which there is not a preexisting junior mortgage on the same property, the depositor lapse in MERS’s common-agency system...

Supreme Court rules cities can sue banks for predatory lending

by Fraud Stoppers Admin | May 15, 2017 | Foreclosure Defense News, Tactics, and Tips

Supreme Court rules cities can sue banks for predatory lending Hands partial victory to Miami in suits against Bank of America, Wells Fargo The Supreme Court handed down a landmark ruling, stating cities can sue banks for discriminatory mortgage lending practices, but...