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Loan Modification
: Mortgage Lender Implode-o-MeterBut It Was All Borrowers!
By Implode-Explode Heavy Industries
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"Folks, can I ask (again) where the indictments are? This is allegedly a senior officer for the lender who has made these written statements. It documents quite clearly that not only was this pair of loans submitted by the loan officer with known false information but that in addition this loan was sold through to the GSEs!"Full post as published by Mortgage Lender Implode-o-Meter on January 14, 2011 (boomark / email).
Lawsuits and Settlements
Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.
Wesley A. Snyder et al.
alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.
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