Every day dozens of people call me asking for referrals to attorneys. I have tried everything I think of to get attorneys to sign up, give resumes, etc. All I want to do is set up something like an Angie’s list for foreclosure defense lawyers. If any of you have an idea about how to do this, even if it is your own venture, that will be fine. I’m not looking to make money on this. I just want to provide the service to people.

Please send email to gtchonors.llblog@gmail.com with some sort of business plan to set up a system where homeowners can get the help they need.

see http://www.newyorklawjournal.com/home/id=1202732820636/Appellate-Decision-Unwinds-Foreclosure-Purchase?mcode=1202615326010&curindex=2&slreturn=20150623125150

It’s procedure, stupid! That is the message coming out of several courts who are subjecting foreclosure actions to increasing scrutiny. They apparently are noticing that the facts are not as assumed in most cases and that the true facts are being papered over with instruments that appear facially valid. Now the long standing rule that a person who takes title with knowledge of litigation might not get title after all. In New York, title was unwound. The conclusions of the authors is what I said years ago. There is no way that continuing…

It could never happen again, right?

h/t 2020Crash.blogspot.com

The Chicago Teachers Union has started an online petition as part of a boycott against Bank of America over controversial swap deals with the city and Chicago Public Schools.

The MoveOn.org petition, which had over 720 signatures as of Friday morning, states: “I pledge to Boycott Bank of America until they renegotiate toxic swaps that have cost Chicago Public Schools and the City of Chicago more than $1 billion. I also ask that the Illinois Attorney General, Lisa Madigan, begin public hearings to investigate the tremendous financial damage caused by toxic swaps on Chicago and our schools.”

CTU plans on delivering the petition to Bank of America’s CEO Brian Moynihan as well as Illinois Attorney General Lisa Madigan.

Read on.

The Soap Box:

California appeals court  slaps down servicer’s attempt to require payment of the entire mortgage loan a condition of homeowner protection.

Nice try, Ocwen.

But no, says an intermediate California appeals court.

Such an interpretation would gut theCalifornia Homeowner’s Bill of Rights.

Facing foreclosure

The facts in Valbuena v. Ocwen  are common:  Ocwen became the servicer of the Valbuena’s mortgage loan when the loan was in default.

Ocwen filed a notice of foreclosure sale and sent the homeowners a letter offering to consider a loan modification.  The homeowners submitted an application and supplemented it when Ocwen told them it was missing necessary documents.

Two days later, Ocwen foreclosed.

Dual tracking prohibited

California’s homeowners bill of rights forbids a foreclosure sale while the mortgage servicer is considering an application to modify the loan in default.

Nonetheless, Ocwen solicited a loan modification application and barreled right along to…

Case 1:13-cv-00465-MMS Document 205 Filed 07/14/15 Page 1 of 82

Here is the court document order from Judge Sweeney for those that are interested. Click here to view the judge’s order granting general leave. And here is the  court document of plantiff’s motion to unseal Treasury and FHFA documents. Click here.

And more:

2015-07-14 Plaintiffs Redacted Motion to Unseal PwC Documents

2015-07-14 Plaintiffs Redacted Motion to Unseal Fannie Mae Documents

2015-07-14 Plaintiffs Redacted Motion to Unseal Deloitte Documents

2015-07-14 Plaintiffs redacted motion to unseal Graham Thornton documents documents

7:15:15 Motion to unseal Freddie Mac documents pdf

And:

On 7/14/15 in a motion put forth by the government arguing for more time to respond to the motion to unseal documents and depositions, this was confirmed:

By Clara Herzberg, Truthout | Op-Ed

Well, well, well. Eric Holder is returning to his cushy job at Covington & Burling where he reportedly pulled in $2.5 million the last year he was there. Holder didn’t think it was strange he was returning to one of Wall Street’s most highly regarded defense firms after all the bankers he let breezily carry on with fraud, bribery, money laundering, tax evasion and plenty of other very prosecutable offenses during his tenure as US attorney general.

Holder explained simply: “The firm’s emphasis on pro bono work and being engaged in the civic life of this country is consistent with my worldview that lawyers need to be socially active.” Yeah, and what about the $2.5 million, Mr. Holder? That’s got nothing to do with it surely.

Holder had just spent six years in Washington handing out slaps on the wrist to financial…

We learn from the New York Timesthat: