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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...

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...

HSBC to pay $2 million to resolve U.S. civil loan fraud lawsuit

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

HSBC to pay $2 million to resolve U.S. civil loan fraud lawsuit HSBC Holdings Plc has agreed to pay about $2 million (1.60 million pounds) to settle a civil fraud lawsuit that alleged the bank improperly attempted to get reimbursement from the federally backed U.S....