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...

Here’s why Wells Fargo forces its customers into arbitration: It wins most of the time

by Fraud Stoppers Admin | Apr 8, 2017 | Foreclosure Defense News, Tactics, and Tips

Here’s why Wells Fargo forces its customers into arbitration: It wins most of the time   The fine print: portion of an arbitration clause from a Wells Fargo credit card agreement, which binds the customer to arbitrate almost any dispute with the bank and forbids...

City of Missoula to pull $2.6M from Wells Fargo accounts

by Fraud Stoppers Admin | Apr 6, 2017 | Foreclosure Defense News, Tactics, and Tips

MISSOULA, Mont. (AP) — The Missoula City Commission has voted to pull $2.6 million of the city’s money from Wells Fargo accounts because the bank is invested in the Dakota Access Pipeline and because employees opened fraudulent customer accounts to generate fees and...