Currently Browsing: Featured Articles

Channel 3’s Walt Gray Interviews US Loan Auditors

Channel 3’s Walt Gray Interviews US Loan Auditors
Walt Gray interviewer for California’s KCRA Channel 3 digs deeper into the foreclosure audit scam that is sweeping across the state. Attorney General Jerry Brown held a news conference last week warning of the dangers regarding phony foreclosure specialists. Attorney General Jerry Brown warned citizens...

Channel 3 KCRA’s Project Economy Continues with an interview of Jonathan Stein and US Loan Auditors

Channel 3 KCRA’s Project Economy Continues with an interview of Jonathan Stein and US Loan Auditors
Walt Gray continues his Project Economy series about foreclosures in California with an interview with Attorney Jonathan Stein. Mr. Stein was rated by Business Week as the top foreclosure attorney in California and one of the top eleven in the country. Attorney Stein and the client he represents Warren...

Indymac OneWest Bank and the FDIC

Indymac OneWest Bank and the FDIC
Nineteen months after the catastrophic failure of one of Sacramento’s top lenders, Pasadena-based IndyMac Bank, a flurry of local lawsuits alleges that the bank’s successor – OneWest Bank – is systematically working to push home loan borrowers into foreclosure. The allegations filed in...

FBI creates team to combat mortgage fraud

FBI creates team to combat mortgage fraud
The Federal Bureau of Investigation in May of 2009 created a team to defend against mortgage fraud. The team since its inception has been using covert operations, wire tapping, and advanced computer technology to obtain evidence involving economic crimes. The team is known as the National Mortgage Fraud...

US Loan Auditors General Counsel Raises $5,500 For The Muscular Dystrophy Association of Sacramento

US Loan Auditors General Counsel Raises $5,500 For The Muscular Dystrophy Association of Sacramento
General Counsel Jim Sandison Raises Fundraising Event’s Highest Amount in Only 15 Days SACRAMENTO, Calif. – June 25, 2009 – US Loan Auditors Chief Legal Counsel, Jim Sandison, knows he has plenty of friends across the greater Sacramento area. He recently raised the largest amount of “bail money”...

Countrywide loses in Law Suit by Investors

Countrywide loses in Law Suit by Investors
Countrywide Financial lost in its petition for relief from investor lawsuits against the Megabank. Countrywide Financial was seeking relief from investor lawsuits under the new legislation Helping Families Save Their Homes Act of 2009. The legislation provides that mortgage servicers that agree to modify...

Lender Loan Service Fees Deter Homeowner Loan Modification

Lender Loan Service Fees Deter Homeowner Loan Modification
The Obama Administration this week assembled mortgage company executives in Washington to insist they expedite their efforts in modifying loan payments for homeowners that are descending into foreclosure. The Treasury requested that companies acquire more man power and initiate training to speed up the...

Saving the yield spread premium

Saving the yield spread premium
Originaly by Jonathan Foxx:  The ancient Roman god, Janus, was two-faced—his back-to-back visages looking at the past and into the future—a symbolic representation of ineluctable transitions through the passage of time, a reminder of essential change from one condition to another, whether for better...
 Page 1 of 2  1  2 »