The Failure of Trustees to Diligently Pursue Foreclosures

By Lynn Szymoniak November 13, 2017

Trustees & Servicers are destroying shareholder value by acting against behavior defined in the PSAs for their own private benefit. Agency problems continue to incentivize cheap, fraudulent document management processes and inefficiency over investor value.

In over 30% of the cases examined, the trustees did not begin foreclosure actions until more than six months after the loan default dates.

[Read More]

Gillis v. Deutsche Bank

By The Housing Justice Foundation

The Most Outrageous Trial Court Abuses, The Most Determined Homeowner,  [Read More]

Who is Wilbur Ross?

By Lynn Szymoniak

On Thanksgiving day, President-Elect Trump announced that he would name … [Read More]

NOVASTAR FINANCIAL FILES FOR BANKRUPTCY

By Lynn Szymoniak

 

Novation Companies, formerly known as NovaStar Financial, a company … [Read More]

NEW CFPB RULES TO THWART WRONGFUL FORECLOSURES

By Lynn Szymoniak

The Consumer Financial Protection Bureau (CFPB) approved rules on August … [Read More]

Florida’s 4th DCA Reverses Many Foreclosure Judgments

By Lynn Szymoniak

“Oops – Our Bad – The Banks Didn’t Have Standing 

[Read More]

Injecting Integrity into the Mortgage Business

By Lynn Szymoniak

Trump Mortgage was a company started in 2006 and closed … [Read More]

Mortgage Crimes, Part 1: Small Houses, Big Mortgages

By Lynn Szymoniak

TWO SMALL REAL ESTATE INVESTORS 

WH was a 73-year-old man, … [Read More]

The Latest Goldman Sachs Settlement

By Lynn Szymoniak

Goldman Sachs announced on January 14, 2016 that it will … [Read More]

The 2015 Housing Market

By Lynn Szymoniak

In 2015, the home ownership rate in the U.S. reached … [Read More]

Movie Review: The Big Short

By Lynn Szymoniak

The Big Short is a movie worth seeing, if only … [Read More]

99 Abandoned Homes

By Lynn Szymoniak

The much-praised and long-awaited film “99 Homes” opened … [Read More]

What Housing Recovery: Some September 2015 Housing Facts

By Lynn Szymoniak

 

The home ownership rate in the U.S. is at … [Read More]

FDIC SUES BANK OF NEW YORK, CITIBANK AND US BANK ALLEGING WIDESPREAD LOAN DOCUMENT FAILURES

By Lynn Szymoniak

On August 19, 2015, the Federal Deposit Insurance Corporation (“the … [Read More]

Open Letter to Deutsche Bank’s Incoming CEO Designate

By Lynn Szymoniak

Dear CEO Designate Cryan:

With the many problems you face … [Read More]

Deutsche Bank v. Johnston

By The Housing Justice Foundation

For your consideration: an excellent New Mexico Supreme Court case [Read More]

Sometimes The Good Guys Win: Congratulations to Nick Wooten

By Lynn Szymoniak

On April 20, 2015, a federal court jury in DuPage … [Read More]

Foreclosure Deceleration

By Lynn Szymoniak

“Deceleration” is becoming a very important new term to thousands … [Read More]

WELLS FARGO: STILL CHEATING AFTER ALL THESE YEARS

By Lynn Szymoniak

A “Reasonable Contrary Inference” of Forgery By Wells Fargo

On … [Read More]

Letter Found in a Court Foreclosure File

By Lynn Szymoniak

To Whom it may concerned, Dear Sir or Madam, I … [Read More]

Comments on Amendments to Florida Rules of Civil Procedure

By Lynn Szymoniak

IN THE SUPREME COURT OF FLORIDA

IN RE: AMENDMENTS TO … [Read More]

OCWEN’S WILLIAM ERBY FORCED OUT

By Lynn Szymoniak

ANOTHER DECEMBER OCWEN SETTLEMENT – AND STILL NO ONE GOES [Read More]

Senator Elizabeth Warrens Upbraids FHFA Director

By Lynn Szymoniak

 “You’ve been in office for nearly a year now, and … [Read More]

Succesful Investments in Mortgage-Backed Securities

By Lynn Szymoniak

Private investors risked several trillion dollars in the U.S. housing … [Read More]

Letter to Regulators Regarding Ocwen

By Lynn Szymoniak

Re: OCWEN EMPLOYEES SIGNING FOR LONG-DISSOLVED MORTGAGE  COMPANIES, AND OCWEN’S [Read More]

THE STEEP LOSSES OF MORTGAGE-BACKED TRUSTS

By Lynn Szymoniak

From 2004 through 2007, several trillion dollars in American residential … [Read More]

What I Could Not Tell The Jury in Decatur

By Lynn Szymoniak

On August 6, 2014, I travelled to Decatur, GA to … [Read More]

How a Trust Lost Over $10 Million on Just One Loan

By Lynn Szymoniak

Here is yet another case with a Lost Note count, … [Read More]

SUDDENLY APPEARING ENDORSEMENTS USED BY BANK-TRUSTEES IN FORECLOSURES

By Lynn Szymoniak

42 CASES WITH SUDDENLY APPEARING ENDORSEMENTS 

“The Court is concerned,

[Read More]

Unendorsed Notes Used by Bank of New York in Foreclosures

By The Housing Justice Foundation

A Study by The Housing Justice Foundation (click to download [Read More]

MORTGAGE DISCRIMINATION: LOS ANGELES SUES JP MORGAN

By Lynn Szymoniak

The City of Los Angeles filed a lawsuit against JP [Read More]

Which Trusts Did Your Pension Fund Choose?

By Lynn Szymoniak

RMBS PERFORMANCE REPORTS FROM MARCH 25, 2014 

At their inception, … [Read More]

A Foreclosure Story from Lake Worth

By Lynn Szymoniak

A local tv reporter has been doing a series on [Read More]

THE BLACK HOLE IN THE OCWEN OFFICES

By The Housing Justice Foundation

Ocwen Financial needs some good news. On February 19, 2014, … [Read More]

AN OVERVIEW OF THE U.S. HOUSING CRISIS IN 2013

By Lynn Szymoniak

• 462,970 Foreclosures Completed In 2013
• ŸForeclosures Hit the

[Read More]