predatory lending

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Latest blogosphere posts tagged “predatory lending”

  • Educate Yourself about Predatory Lending


    Atlanta Real Estate ForumAuthority Authority: 508
    The Northeast Atlanta Metro Association of REALTORS® (NAMAR) is determined to help homeowners avoid foreclosure and stay in their homes. To educate homeowners on what they need to know during these tough economic times, NAMAR has launched www.unnecessaryforeclosure.com. By avoiding legal jargon and real estate speak, ...
    12 hours ago
  • EXPLAINING THE ADDITION OF CO-OBLIGORS WITHOUT YOUR KNOWLEDGE OR CONSENT


    Livinglies's WeblogAuthority Authority: 133
    THANK YOU DAN EDSTROM: Hats off to Dan for explaining the logistics of how additional people were added toy our deal, that you have a  right to know who they are and how their addition to your deal changes everything. Here is what he said: So the homeowner gave an unconditional promise to pay. The “investors” ...
    15 hours ago
  • Pursuit v UBS: Investor Case Proves Homeowners’ Cases


    Livinglies's WeblogAuthority Authority: 133
    NOW AVAILABLE ON AMAZON KINDLE!! Pursuit vs. UBS Drills Down to Real Benefits to Intermediaries While Real PARTIES — Investors and Homeowners — get the shaft UBS090909 This is a case of an investor suing the underwriter of the mortgage backed bonds purchased as “investment grade securities.” As we have ...
    15 hours ago
  • Daily Interest Mortgage Loans Are Dangerous


    Mortgage Law NetworkAuthority Authority: 125
    Most mortgages accrue interest monthly, with an added late charge if, well, if you’re late with the payment.  On rare occasion the worst of the lenders sneak in a daily interest loan which accrues interest, mmm, daily.  No late charge needed; the interest just keeps growing. Consider this.  You missed the ...
    3 days ago
  • Watch Out for Predatory Lenders


    Atlanta Real Estate ForumAuthority Authority: 508
    It’s sad, but true. There are predatory lenders in the Atlanta real estate market that take advantage of well-intentioned Americans hoping to own their own home. Here are a few warning signs from the Northeast Atlanta Metro Association of REALTORS®’ foreclosure prevention site, www.UnnecessaryForeclosure.com.Here ...
    3 days ago
  • California Code Speaks to Fabricated or Forged and Misleading Documentation: Where’s a Cop When you Need One?


    Livinglies's WeblogAuthority Authority: 133
    From Steven Kop: Like Florida and other states, the laws already exist to penalize the pretender lenders. The question is whether the public will rise up and force the enforcment of these laws and use them to discredit the worthless paper issued by the participants in the securitization chain. CALIFORNIA CODES ...
    4 days ago
  • NY Rocks: Diana Yano-Horoski speaks out and gives thanks in Indymac Case


    Livinglies's WeblogAuthority Authority: 133
    Readers of Livinglies: Firstly, might I say we were as shocked as anyone to learn of Judge Spinner’s ruling, so eloquently documented in his Jeffersonian-writing style. We appreciate the notes and calls of support, but we are ordinary people whose only wish is to return to a normal life. As the court records ...
    4 days ago
  • Loan Shark Sentenced to Jail for Preying on Homeowners


    LoanWorkout.orgAuthority Authority: 145
    “This was theft,” she said. “It was stealing, and it really was very unforgivable behavior, and Ms. Tobon has shown no remorse.”Price was caught between ordering her straight to jail — after which there is a risk she could be deported to Mexico and victims would never be repaid — or releasing her and ...
    1 week ago
  • The Art and Economics of Cheek Turning


    Everyday CitizenAuthority Authority: 486
    It was Thomas Paine who observed, "He who dares not offend cannot be honest." Anyone who offers an opinion in print should understand. The risk of honest error is also daunting. Tis said that doctors bury their mistakes. When lawyers fail, their clients are locked up. When writers screw up, the errors can be ...
    1 week ago
  • NY Judges ROCK! Indymac Bank F.S.B. v Yano-Horoski


    Livinglies's WeblogAuthority Authority: 133
    NY JUDGES ROCK Indymac Bank F.S.B. v Yano-Horoski 2009 NY Slip Op 52333(U) Decided on November 19, 2009 Supreme Court, Suffolk County Spinner, J. Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431. This opinion is uncorrected and will not be published in the printed Official Reports. ...
    1 week ago
  • Overdraft Fees Send Scores to Check Cashing, Payday Loans


    Personal Money StoreAuthority Authority: 605
    Exorbitant Overdraft Fees Erase Funds of the Working Poor In what universe does a one percent check cashing fee exceed a $35 overdraft fee for overdrawing a checking account by $.01? (Photo: flickr.com) In the 1960s and 1970s, many of Americas largest banks decided to go "where the money is" by pulling their ...
    1 week ago
  • Christianity and the Crash


    Everyday CitizenAuthority Authority: 486
    Theres a very interesting article in the Atlantic Monthly , entitled Did Christianity Cause the Crash , by Hanna Rosin. The article asks a very important question: in what way may the prosperity gospel been complicit in encouraging the type of financial irresponsibility which led to last years economic crisis? "The ...
    2 weeks ago
  • Road To Ruin: Online Lenders Fight Regulation


    Snoogumx.NetAuthority Authority: 142
    Payday loan offices have been sprouting up across the country for decades. In these hard times, more people than ever are using payday loans to keep bill collectors at bay. Quick money, at interest rates of around 500% or more, for people with bad credit has been praised by some as a lifeline for the poor, but ...
    2 weeks ago
  • Congress Creating Big Brother for Wall Street


    Big GovernmentAuthority Authority: 818
    Senator Chris Dodd’s (D-CT) approach to overhaul financial industry regulations is scheduled to be debated next week in the Senate Banking Committee with a mark-up of the bill starting in early December.  This bill is sold as an effort by the federal government to seize control of financial institutions with the ...
    2 weeks ago
  • What is Predatory Lending?


    Yodle Local ArticlesAuthority Authority: 155
    An attorney at the Law Offices Of John Anastasio , John Anastasio has been in practice since 1981. He specializes in the areas of foreclosure defense and bankruptcy law, and received his J.D. from Seton Hall University School of Law. In this article, he shares his expertise in the area of predatory lending. To break ...
    2 weeks ago
  • Study of Overdraft Fees and Protection Cries Out for Reform


    Personal Money StoreAuthority Authority: 605
    When Traditional Banking Becomes Parasitic Have you had it up to here with your banks overdraft protection schemes? You arent alone, according to the Center for Responsible Lending. (Photo: flickr.com) If youre able to see past the shady origins and history of the Center for Responsible Lending, youll see ...
    2 weeks ago
  • Foreclosures crisis caused by investors. And lenders. And politicians. And buyers.


    LoanWorkout.orgAuthority Authority: 145
    But a St. Petersburg Times analysis of thousands of foreclosures in Hillsborough County, which has one of the highest default rates in Florida, shows individual homeowners are getting too much of the blame.The truth is that real estate speculators and revenue-hungry local governments bear just as much of the ...
    3 weeks ago
  • Unmarried Women and Predatory Lending


    MomsRising BlogAuthority Authority: 134
    From Your (Wo)manInWashington blog   Remember back when the economy was beginning its head-first pitch over the cliff and everyone was talking about subprime mortgages? As policy makers slowly get their heads around preventing such a devastating re-occurrence, they should keep in mind who got taken the worst. ...
    3 weeks ago
  • Appraisal Malpractice as State Court Action — Albright Case 561 So 2d 1326 5th DCA


    Livinglies's WeblogAuthority Authority: 133
    Appraisal negligence and/or fraud is overlooked by many. Appraisers are usually licensed and insured. Filing a complaint with the licensing board as well as sending a demand letter to them to forward to their carrier could produce some substantial results. And remember that the originating “LENDER” supposedly has ...
    3 weeks ago
  • Goldman takes on new role: taking people’s homes


    Livinglies's WeblogAuthority Authority: 133
    By Greg Gordon, McClatchy Newspapers Greg Gordon, Mcclatchy Newspapers Mon Nov 2, 6:00 am ET SAN JOSE, Calif. — When California wildfires ruined their jewelry business, Tony Becker and his wife fell months behind on their mortgage payments and experienced firsthand the perils of subprime mortgages. The couple ...
    3 weeks ago

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