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Private Mortgage Insurance Under Fire = New Opportunity For Whistleblowers

Private Mortgage Insurance Under Fire = New Opportunity For Whistleblowers

The banks that took the “kickback” through the captive reinsurance vehicle and thus steered the PMI business should also be prosecuted.... Many of the nation’s biggest lenders have accepted billions in taxpayer monies. Paying kickbacks and viol

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REFUND FOR DEFECTIVE PERMANENT MODIFICATION Documents – Is yours defective?

REFUND FOR DEFECTIVE PERMANENT MODIFICATION Documents - Is yours defective?

Based on our review of permanent loan modification contracts, an average of $26,800 was added to the loan balance that increased the overall principal balance illicitly. Click through to find out how to get your permanent loan mod reviewed for such

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Media and Market Overreact As Usual to Weaker Housing Data

Media and Market Overreact As Usual to Weaker Housing Data

The mainstream financial media breathlessly proclaimed the worst housing data in x months this morning, on the release of the Commerce Department’s monthly new home sales data. I won’t go into the details of the reporting, which you have seen by

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The Secret Life Of A BofA Whistleblower

The Secret Life Of A BofA Whistleblower

This post looks at the story of Kyle Lagow, a former real estate appraiser with Countrywide Financial (now Bank of America). Lagow was recently awarded $14.5 million by a Brooklyn federal court judge. While the case was pending, however, his life was

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Miami Loan Officer Convicted For Fraudulent FHA Condo Sales Using Downpayment “Gifts” With Nehemiah, et al.

Miami Loan Officer Convicted For Fraudulent FHA Condo Sales Using Downpayment Gifts With Nehemiah, et al.

Curbelo sold condos at a development in Coral Gables. When he couldn’t find qualified buyers for the condos, he resorted to helping unqualified buyers “qualify” for a mortgage.

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