• Published On: August 26, 2013

    Keeping Kids in their Home Foundation is a scam. “Someone should never deed their house over to anyone without the bank‘s consent. These guys are predators. It’s just sad and disgusting.” The answer is "yes" [...]

  • Obama Fraud Task Force investigates JPMorgan Chase & Co.’s for bank fraud related to mortgage backed securities. The answer is "yes" The criminal investigation of JPMorgan Chase & Co.’s mortgage-backed securities practice is evidence a [...]

  • Arizona fails to pass fifty million dollars in federal aid to help struggling homeowners avoid foreclosure, despite being one of the hardest hit states in the real estate bust. The answer is "yes" Arizona homeowners [...]

  • Published On: August 22, 2013

    The Mortgage Law Group a/k/a Macey Aleman & Searns, a Chicago law firm, agrees to settlement of mortgage fraud scheme. The answer is "yes" Report from the Arizona Attorney General's Office: PHOENIX (Friday, September 07, [...]

  • Published On: August 21, 2013

    Homeowners are caught up in a little-known horror of the U.S. housing bust: the "zombie title The answer is "yes" Zombie titles - According to an article in the NBC News - thousands of homeowners [...]

  • Published On: August 19, 2013

    Mortgage Modification Fraud: Making All Homes Affordable, LLC, (Phoenix) owner Albert Figueroa, La Paz Source, LLC (Tucson), owners, Maria Beltran and Francisco Ramos, and La Placita Multi Services, LLC, owners Beltran and Arturo Gomez Leon. [...]

  • Published On: August 19, 2013

    Loan Modification program According to article in CNNMoney - starting July, 2013, hundreds of thousands of struggling borrowers could be in for a pleasant surprise: a quick and easy way to get their mortgage payments [...]

  • Published On: August 19, 2013

    The Insidious Virus Circulating Through the Industry’s Blood by Patrick Barnard Short sale fraud and foreclosure fraud continue to grow, impacting mortgage servicers’ bottom lines. Last year, banks lost more than $375 million to short [...]

  • Judge says Wells Fargo prepared documents with "fraudulent purpose" of inducing borrower to make the payments and with option to later "stiff" borrower. “Heads I win, tails you lose” is a fraudulent coin toss. Wells [...]

  • Published On: August 18, 2013

    Seniors need to be very careful about reverse mortgages, warns the Consumer Financial Protection Bureau. Reverse mortgages not being used the way Congress intended. In the summer of 2012 the Consumer Financial Protection Bureau (CFPB) [...]