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  • OCC underestimated risk of robo-signing scandal

    The Office of the Comptroller of the Currency missed signs of the robo-signing scandal because its examiners underestimated the risk and lacked enough guidance to find it, according to the Treasury Department Inspector General. In March, the five largest mortgage servicers settled with federal regulators and the state attorneys for $25 ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on June 3, 2012
  • Blatant Overlooked Fraud? eWarehouseOne

    Have you heard of eWarehouseOne? To view TBWSDaily's video on this alleged fraud click here eWarehouseOne's website can be found at ewarehouseone.com Interestingly, all of the names of their account executives have been recently removed from the website. Reports suggest that over a quarter of a million dollars in application ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 22, 2012
  • Check-up on the National Mortgage Settlement

    How many homeowners have the banks been able to help following the National Mortgage Settlement? According to this West Palm Beach news report, apparently, not many... yet.   PALM BEACH COUNTY, Fla. - It's been three months since the $25 billion National Mortgage Settlement was announced. The news was exciting for millions of ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on May 10, 2012
  • MSNBC -- DESPITE THE MORTGAGE SETTLEMENT AND LAWSUITVWELLS FARGO STILL PRESSURING WORKERS TO PUSH THROUGH FORECLOSURES

    An article today on MSN.com shed more light on what was supposed to have been fixed already but it’s obvious based on the article that the ROBO Signing mess and the subsequent multibillion dollar settlement with the all of the countries Attorney Generals has done little to change at least one of the big banks.   Based on sources ...
    Posted to Jeffrey Rubin (Weblog) by 844211 on April 20, 2012