Bank Foreclosure Scandal

Bank of. the robo-signing scandal rocked the company, the same investigator who helped uncover the scandal, Lisa Epstein, is looking into discrepancies in payments to mortgage bondholders. Homes.

A former Credit Suisse Group AG managing director, Andrew Pearse, has admitted taking millions of dollars in kickbacks to.

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 · The bank allegedly used these tactics to shepherd homeowners into foreclosure, as well as in-house loan modifications. Both yielded the bank more profits than the government-sponsored home affordable Modification Program, according to documents recently filed as part of a lawsuit in Massachusetts federal court.

The bank continues to battle a series of negative headlines such as erroneous foreclosures, but public and investor reaction has been muted.

The Obama administration launched its main program to prevent foreclosures in the spring. and eventually led to action by bank regulators and state and federal law enforcement. Yet the same month.

Sheriff takes on banks over robo-signing the Bank of New York left foreclosure defense attorneys reeling. "foreclosure mills" and the discovery of allegedly fraudulent documents. The robo-signing scandal was just coming to the public’s.

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John Flint, then-HSBC chief executive, declared in June of last year that it was time for the bank "to get back into.

The engagement letter between Bank of America and Promontory includes Attachment C, "Promontory’s Conflicts of Interest Policy," a 3-page document. When the Federal regulators that are overseeing the foreclosure reviews released the document to the public, the 3 pages were completely blacked out.

The bank initially looked at homes that were in the foreclosure process. wells fargo paid in 2016 over the unauthorized accounts scandal. realtytrac released its U.S. Foreclosure Market Report for November, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions. of the so-called robo-signing.

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The Tampa couple at the epicenter of a scandal that cost cia director David Petraeus his job are waging an aggressive and unusual foreclosure defense to keep their now-iconic Bayshore Boulevard home.

Land bank springs a new plan to keep tax-delinquent residents. https://www.freep.com/story/opinion/columnists/nancy-kaffer.