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Tags: robo-signing

There is No Systemic Mortgage Fraud and We Have the Proof

June 11th, 2012
in Background

Econintersect:  It appears that the existence of mortgage fraud is a myth perpetrated by a few firebrand internet types called bloggers.  Econintersect has found irrefutable proof of this massive hoax perpetrated by a few reprobates who probably should b… more »

DOJ Press Release on Mortgage Abuses Settlement

February 9th, 2012
in econ_news

Econintersect:  We have obtained the full statement released by the U.S. Dept. of Justice Thursday (February 9, 2012) and it is reproduced below with selected passages highlighted by the editor.WASHINGTON – U.S. Attorney General Eric Holder, Department… more »

Critics: Mortgage Deal is a Cave-In to Banks

February 9th, 2012
in econ_news

Econintersect:   A mortgage fraud settlement deal has been reached between the Attorney generals of 49 states, the U.S. government and five large banks involved in about 60% of U.S. mortgages.  The deal does not involve the other two large mortgage banks… more »

Nevada Files First Foreclosure Process Felony Indictments

November 19th, 2011
in econ_news

Econintersect:  Nevada has taken the lead in treating robo-signing as a felony.  This week Nevada's attorney General Catherine Cortez Masto filed charges against two Lender Processing Services employees accused of filing tens of thousands of false docume… more »

Housing: More Foreclosure and Mortgage Issuance Problems

September 20th, 2011
in econ_news

Econintersect:  Congress appears to be in the process of making mortgages more difficult and expensive.  This is not because of something being done; it is because of inaction, which will be discussed later in this article.  At the same time, The Wall St… more »






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