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20 Apr 2010, 4:44 am by John Watts & M. Stan Herring
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
19 Apr 2010, 11:27 am by By CYRUS SANATI
Citigroup said Monday that it was "not involved" in the government's fraud investigation into Goldman Sachs's subprime mortgage dealings, but the bank once again acknowledged that regulators were looking at its subprime business. [read post]
19 Apr 2010, 8:00 am by J Robert Brown Jr.
As for any other broader role of Goldman, only the Mortgage Capital Committee (MCC) gets any significant mention. [read post]
18 Apr 2010, 11:18 pm by John Watts & M. Stan Herring
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
18 Apr 2010, 10:36 pm by LindaMBeale
  Broken highways, bankrupt cities, collapsing bridges, failed schools, the unemployed, the underpaid, and the uninsured:  all suggest a collective failure of will. [read post]
18 Apr 2010, 8:26 pm by John Watts & M. Stan Herring
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
16 Apr 2010, 10:59 am by Elie Mystal
Accuses Goldman Sachs of Fraud in Mortgage Deals [New York Times] [read post]
16 Apr 2010, 8:25 am by admin
Smith   In yesterday’s post, we opened the topic of ’strategic’ mortgage defaults – defined somewhat loosely as not paying your mortgage when someone thinks you could have done so – and saw, via a Luigi Zingales article in City Journal, that at least in five states – Arizona, California, Florida, Michigan, and Nevada – the numbers of home owners who are theoretically underwater (at current resale prices) is truly frightening,… [read post]
16 Apr 2010, 7:14 am by atussey@mortgagefraudblog.com
The following defendants were arrested on mortgage fraud charges:  Norberto ("Noli") Agustin, 51, Daly City, CA, Conspiracy to Commit Mail Fraud;John Randolph Errazo Bernabe, 42, Redwood City, CA, Bank Fraud;Sam Bowley, 56, Vallejo, CA, Bank Fraud;Vangeline S. [read post]
15 Apr 2010, 9:21 pm by John Watts & M. Stan Herring
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
14 Apr 2010, 1:43 pm by doug
According to the Associated Press, David Lowman, chief executive of Chase’s mortgage business, said large-scale mortgage principal reductions “could be harmful to consumers, investors, and future mortgage market conditions. [read post]
14 Apr 2010, 3:55 am by Mandelman
  Oh yeah, Long Beach Mortgage used to be a part of Ameriquest Mortgage. [read post]
13 Apr 2010, 5:57 am by Mandelman
What is absolutely grand, however, is that the same day that Wells Fargo settled the NAACP lawsuit in an attempt to leave the proverbial frying pan, it had no sooner wrote the check when two cities, Baltimore and Memphis, filed new federal lawsuits that accuse Wells Fargo of steering African American borrowers into expensive mortgages, which were later the proximate cause of many foreclosures that cost the cities property tax revenue, forcing each city to increase… [read post]
13 Apr 2010, 4:15 am by admin
Comptroller of the Currency John Dugan told the Financial Crisis Inquiry Commission April 8 that regulators should have done a better job overseeing mortgage underwriting among bank and nonbank lenders. [read post]
13 Apr 2010, 2:18 am by atussey@mortgagefraudblog.com
Tula Rampersaud, 31, her husband, Sudesh Rampersaud, 31, both from Hollis, New York, and Steven Boswell, 60, Flushing, New York, pleaded guilty to their roles in a conspiracy to commit a million-dollar mortgage fraud involving residential properties in Atlantic City, New Jersey. [read post]
12 Apr 2010, 6:54 pm by John Watts & M. Stan Herring
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]
12 Apr 2010, 9:05 am
Everything down there has now conclusively tanked, but only now is the city getting around to taking out the mortgage to buy the place. [read post]
12 Apr 2010, 5:19 am by John Watts & M. Stan Herring
Just fill out the form below: Contact Information First Name * Last Name * Email * Street Address 1 Street Address 2 City * State * Zip Code [read post]