New York to Sue Wells Fargo and Bank of America Over Settlement Violations

JESSICA SILVER-GREENBERG, NY Times New York’s top prosecutor is poised to sue Bank of America and Wells Fargo over claims that they violated terms of a $26 billion … [Read more...]

NY Appellate Court Says Sanctions Against Wells Fargo Went Too Far

David Dunn, Victoria McKenney and Jessica Ellsworth of Hogan Lovells For Reuters A New York state judge's order sanctioning Wells Fargo for failing to negotiate during a … [Read more...]

Amherst couple’s foreclosure nightmare is a real-life cautionary tale

Amherst couple’s first sign their Buffalo property was in arrears was a notice that it had been sold at auction Jill Terreri, Buffalo News The Cottones’ first … [Read more...]

Cuomo Admin Requires OCWEN To Install Monitor

Exam Finds Indications that Problems Remain at Ocwen From New York State Department of Financial Services Superintendent Benjamin M. Lawsky today announced that the … [Read more...]

Judge tosses foreclosure suit by ‘living dead’ bank IndyMac

Nate Raymond, Reuters Something scary has been haunting a homeowner facing foreclosure in Brooklyn -- a "living dead" bank that a judge compared to Dracula. In a … [Read more...]

Ding! Ding! Lawyer Fight Breaks Out In NY

Local attorney questions downstate firm's fees Jonathan D. Epstein, Buffalo News A Buffalo bankruptcy attorney's attempt to investigate and call into question the fees … [Read more...]

NY County Forecloses On Active Duty Soldier Stationed Overseas

Brian Amaral, Watertown Daily Times A Pamelia homeowner who owed Jefferson County about $8,000 in back taxes faced the fate that is common among delinquent property … [Read more...]

New York AG hires prosecutor for mortgage probe

Karen Freifeld, Reuters New York Attorney General Eric Schneiderman has hired a former federal prosecutor to help bring lawsuits over misconduct in the mortgage-backed … [Read more...]

Abacus FSB and 19 Ex-Workers Were Indicted

AP Via Crains New York A community bank and 19 ex-employees have been criminally charged with issuing hundreds of millions of dollars in fraudulent mortgages that ended up … [Read more...]

NY Man Dresses As His Dead Mother for 8 Years To Pull Real Estate Scam

drag queen commits mortgage fraud

James King, Villiage Voice A Brooklyn man who dressed up as his dead mother to commit real estate and social security fraud was in court this afternoon where he was … [Read more...]