KC Star- Kansas City Ordered to Pay $10 Million for Trash Rebates
Read the KC Star article here.
2803, 2017
2803, 2017
Supreme Court of Missouri Opinion in Holm v. Wells Fargo
Read the Supreme Court of Missouri opinion in Holms v. Well Fargo here.
2104, 2016
Appeals Court Affirms Most of Wrongful Foreclosure- Missouri Lawyers Weekly Article
Read the Missouri Lawyers Weekly article or visit their website.
Read the Read the Missouri Court of Appeals opinion here..
401, 2016
THE THREAT IMPOSED BY THE GROWTH OF NONBANK SERVICERS
In 2011, the ten largest servicers of mortgage loans in the United States were banks. Two years later, only five of the ten largest servicers of mortgage loans were banks. The trend is for non-banks to service delinquent loans. The two largest non-bank servicers of mortgage loans are Ocwen and Nationstar. This trend is evident […]
401, 2016
WHERE DID ALL YOUR NEIGHBORS GO?
Two sociologists collected recent data from the National Suburban Poll conducted annually by Princeton Survey Research Associates, in conjunction with the National Center for Suburban Studies at Hofstra University. The result is a treasure trove of demographic detail focusing on the ten million Americans who went through a foreclosure between 2007 and 2012, in the […]
401, 2016
THE KAFKAESQUE NIGHTMARE OF THE LOAN MODIFICATION PROCESS
Why does it take years to get approved for a loan modification? Does it really take 8 submissions of financial asset/expense sheets and payroll information of a steady income to prove that a consumer is eligible for a trial payment plan and/or modification? The answers are simple, and yet little has been done to ease […]
2812, 2015
WHY HOME LOAN SERVICERS WON’T HELP
A home loan servicer is the company that collects loan payments on what is likely to be the most significant asset you own: your home. The servicer then passes the payment income stream to the owner or investor of the note. A homeowner rarely knows the identity of the owner of their note. The investor […]
702, 2015
GalleryWells Fargo and Kozeny & McCubbin just got spanked in court
What happens when you meet your end of a deal to stave off a foreclosure, and then the bank forecloses on your house anyway?
Ask David and Crystal Holm. The Holt, Missouri, couple believed that they had met Wells Fargo’s terms to stop a foreclosure on their home. Then they spent six years in limbo.
After the […]
702, 2015
Judge hits bank with record judgment for wrongful foreclosure
After nearly a year of discovery disputes, a Missouri judge threw up his hands and threw out all of the defense pleadings in a wrongful foreclosure case. As a result, the loan servicer now owes the homeowners more than $3.25 million.
Read more: http://molawyersmedia.com/2015/02/06/judge-hits-bank-with-record-judgment-for-wrongful-foreclosure/#ixzz3R5LERtkJ
Or download the PDF here.
102, 2015
Gallery
Two Judges Who Get It About Banks > New York Times
2/1/15 – New York Times, Fair Game by Gretchen Morgenson
Big banks hold great sway in Washington these days, far more than troubled homeowners do. But outside the Beltway, many people remain caught in the maw of the financial giants, which is why it is heartening when some judges step into the fray.
Consider two opinions involving […]