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
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
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
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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