Browsing Category
Foreclosures
19 posts
Texas Homeowner Harriet Nicholson is On the Road Seeking Justice
Nicholson knows Nationstar is plotting to steal her home because they know the judicial system is rigged against homeowners in Texas.
Wall Street’s Pretium Buys Real Estate Investor Lender and Bridging Loan Finance Broker Anchor Loans
THIS IS A 2022 UPDATE ON HOW THE GOVERNMENT CONTINUES TO ROLL OUT THE RED CARPET FOR PRETIUM AND SIMILAR WALL ST INVESTMENT FIRMS.
Second Circuit Drops Successors and Assigns Language – or Shoes – to Dismiss FHFA from Class Action
FHFA did not succeed to the interests of Freddie Mac until Sept. 2008, so it acquired no interest in Freddie Mac’s NovaStar bonds until then.
Rewind 2008: The Despicable History of Subversive Mortgage Lending by Non Bank Novastar
Once again, the executives were not charged with any crime after the 2008 financial crisis. This article is a precursor for 2022 updates.
Lehman Brothers: The Court-ordered ADR Procedures have been Wildly Successful.
Lehman Brothers bankruptcy is the largest in U.S. history. It invested heavily in predatory mortgages just as housing prices started falling.
2008 Wells Fargo Foreclosure Case Bounced in 2022 Due To Service Failures
Wells Fargo exhibited an unreasonable lack of diligence in the prosecution, including in the attempt to effectuate service of process
Who’s Betting Against The Bank In This Race to Foreclose?
Ahmed Zayat of Zayat Stables, which owned 2015 Triple Crown winner American Pharoah faces residential foreclosure in 2022.
Rewind 2008: HBSC Financial Crisis Settlement Claims Announced At the Start of 2022
Plaintiff claims HSBC Bank failed as trustee for about $2 billion worth of residential mortgage-backed securities trusts (RMBS).
Rewind 2008: Will the Federal Appellate Court Save Goldman Sachs from Financial Crisis
Goldman Sachs is running out of cards to play before it has to explain to a jury its role in the 2008 and 2009 financial crisis.
Farrell’s Foreclosure is Subject to Limitations and You’re Outta Time.
The order dismissing the 2009 action was entered on April 1, 2019, yet service upon defendant was not effected until over six months later.