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Ocwen Foreclosures frozen due to National Mortgage Settlement failure to comply Are you trying to negotiate your wrongful foreclosure or mortgage workout with Ocwen? If you are one of a group of affected borrowers, your window may have widened. Over 17,000 Ocwen loan foreclosures are on hold.Following the National mortgage settlement, an independent monitor has…
Read MoreUS JUSTICE DEPARTMENT MORTGAGE FRAUD CASE AGAINST FORMER COUNTRYWIDE CEO, ANGELO MOZILO IS DROPPED Eight years after the great recession began and Countrywide was acquired by Bank of America, the civil case against co-Founder and Former Countrywide CEO, Angelo Mozilo, has been dropped. The US Justice Department civil case alleged defrauding of investors in mortgage-backed…
Read MoreCitiBank Providing $16 million in consumer Relief Due to a July 2014 settlement, Citi has been credited with $162.7 million in relief to distressed homeowners as Citi fulfills the terms of the DOJ settlement for selling toxic residential mortgage-backed securities to investors, according to the settlement monitor’s report released in February 2016. Now Citibank has…
Read MoreRun On Force-placed Insurance Settlements? If you have ever had a bank force-place* insurance on your home, you know what they charge has been much higher than what insurance companies would have quoted to you. A rash of lawsuits against Banks and Mortgage Servicing Firms alleges several firms have been receiving Kickbacks for sending the…
Read MoreCost of doing business? JP Morgan Chase Fined Again JP Mortgage Chase was fined an additional $48 million due to failure to meet terms of a mortgage servicing violation settlement. This follows a $2 billion fine JP Morgan Chase was ordered to pay to borrowers for foreclosure assistance and remediation costs, according to the Office…
Read MoreMortgage Assist Now connects borrowers like you with resources and information needed to reach professional help based on your unique circumstances and to make informed decisions protecting your interests. Our experience and knowledgeable staff has over a decade of industry experience working with attorneys, courts and financial institutions and can explain how the system really works in everyday common language. Learn More
Read MoreLenders and Servicers are required to send most communications in writing by mail. Never discard or destroy any communication you receive no matter how insignificant you may think it is. When sending correspondence of any type, a letter, a request or payment, always use traceable mail that requires a signature upon receipt for proof of delivery.
Read MoreOver the last seven years consumer debt in america grew throughout the financial crisis, consumers coast to coast have fallen victim to the abuses the financial institutions have flagrantly committed and need debt management assistance. Adding insult to injury the response from lawmakers and courts have largely benefited those same big banks and lenders at the expense of consumers, levying billion dollar fines against big banks that go into the government’s coffers instead of the hands of the consumers who have real debt and suffered the abuse. Read More .
Read MoreMortgage Litigation is a powerful tool when implemented properly with the potential to provide relief from unfair, illegal, unethical and immoral practices and acts of Lenders, Servicers and Investors. Like any legal action Mortgage Litigation is not a guarantee of positive results and may not be the best solution for every borrower. For those homeowners who do employ Mortgage Litigation the benefits can be substantial. Learn More
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