Monthly Archives: May 2014

Abusive Loan Servicers Like Ocwen PNC and Bank Of America Now Demanding Borrowers Who Finally Obtain Loan Modifications Sign Non-Disparagment Clauses

Reuters today reports a phenomenon that has become a real problem for lawyers and homeowners who are serious about remaining involved in the public policy debate about abusive loan servicing practices. Major Servicers are asking homeowners and often their lawyers to agree

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Allowing The Rationalization of Home Mortgages in Bankruptcy Court: An Idea who’s time should have come in 2009 Deserves A Serious Look by Members of Congress

            As many of you know, I’ve spent the last 6 years of my life representing homeowners in state court as they defended foreclosure actions against their homes.  While we have been successful in many

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Searchable CFPB Regulations Available

The Consumer Finance Protection Bureau has published a searchable version of the rules surrounding loan servicing and loss mitigation including loan modification applications and short sales.  There is significant new protection under federal law for homeowners seeking to correct accounting

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Debt Buyer Claims Can And Should Be Defended

Just as we’ve begun to catch our breath from revelations of the predatory and fraudulent tactics of mortgage loan servicers who filed robo-signed and false affidavits, mortgage assignments and other documents in an attempt to defraud courts in Ohio and

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The Result Are In The “Independent” Foreclosure Review was neither Independent nor a Real Review

Several Congressmen have asked for a Congressional Hearing to review the findings of a Study by Congressman Elijah Cummings finding finding that the error rate for the Independent Foreclosure Review work on behalf of Bank of America at 60% and PNC Bank at 21%.

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