guilty : Loan Modification Key

Tag Archives

Mesa brothers get prison in $28M mortgage fraud scheme

Scott and Kevin Lee made millions through their family business. Authorities said their business was mortgage fraud. The two brothers pleaded guilty to orchestrating a $28 million loan scheme through their Mesa company, Summit Capital. A federal judge last week sentenced Kevin Lee to a year in prison, making him the last of five conspirators

Banks Keep Breaking Into Houses, And Homeowners Are Fighting Back

Every day in neighborhoods across the country, low-paid workers with little oversight or training decide whether to break into someone else’s home. They are independent contractors working indirectly for banks, including Wells Fargo, JPMorgan Chase and Bank of America. Mortgage agreements give these banks the right to enter abandoned properties, even those that are locked

Ocwen sets aside $100M to end legal troubles

“Ben Lawsky appears to be ready to make quick work of mortgage-servicer Ocwen Financial. The head of the New York Department of Financial Services could settle with the embattled Atlanta company before the end of the year — as negotiations over penalties for conflicts of interest and misdated loan modification letters are beginning to take

Ocwen relents, enables retired nurse to keep her house

“A 75-year-old Brooklyn woman won her five-year legal battle with one of the nation’s biggest mortgage servicers after The Post reported on her struggle to save her Brooklyn home. Eartha Smith, a retired nurse for the New York Fire Department, finally got an e-mail from Ocwen Financial granting her a mortgage modification following several false

Wells Fargo Accused of Death by Foreclosure

“A woman has sued Wells Fargo Bank, accusing it of causing her mother’s death when it foreclosed on her Fresno, California, condominium.   Marsha Kilgore stopped working in 2005 after being treated for breast cancer. After making mortgage payments on her condo for 16 years, she refinanced with a “pick-a-payment” loan through World Savings. In
IMPORTANT: The text in this website and product(s) sold on this website do not substitute for legal advice. Nor does the text substitute for real estate, financial, tax, bankruptcy or other professional advice. Loan Modification Key® and its owner(s) cannot and do not guarantee results from any lender or servicer. Loan Modification Key® and its owner(s) do not represent any loan modification program or governmental program. Loan Modification Key® and its owner(s) do not represent any government agency. The text herein represents information, opinion and expertise gathered in the last several years' experience in the mortgage industry. Loan Modification Key® is a non-profit 501 (c)(3) tax-exempt organization.
Sign in
classic
Forgot password?
×
Sign up

(*) Required fields

I agree with OptimaSales Terms & Privacy Policy

×