Round Up: NJ Issues New Foreclosure Guidelines Due to “Lender” Abuses, US House Movement to Get Tougher on Servicers and Securitizers
NJ Notice to Foreclosure Plaintiffs Questionable Practices
Attached is a draft letter from Rep. Brad Miller’s office. Additionally, here are stories and blog posts on the FDIC/Fed conflict and StopServicerScams.com action.
Open Letter to Bank Regulators on Mortgage Securitization and Servicing Practices
http://www.nakedcapitalism.com/2010/12/open-letter-to-bank-regulators-on-mortgage-securitization-and-servicing-practices.html
Agencies Clash Over How to Create Federal Servicing Standards
http://www.americanbanker.com/issues/175_244/fdic-servicing-standards-risk-retention-1030251-1.html
Stop Servicer Scams Petition; Movement and Fighting to Fix the Broken Servicers
http://rortybomb.wordpress.com/2010/12/22/stop-servicer-scams-petition-movement-and-fighting-to-fix-the-broken-servicers/
Fraud As A Business Model Endorsed by The Fed And OCC
http://market-ticker.org/akcs-www?singlepost=2324650