facebookfacebooklinkedin

This email address is being protected from spambots. You need JavaScript enabled to view it.

497 Hooksett Rd. #105
 Manchester, NH 03104 
Phone: (603) 685 4301

In the News

How to Prevent the Next Mortgage Boom and Bust

After 30 years of following the roller coaster ups and downs of the mortgage business, I'm finally feeling sick to the stomach.

Booms and busts are exciting, and they're good content for the news media as well, which is probably why I haven’t objected to them until now. But a lot of people get hurt every time the trick cigar blows up in their faces—and not just industry people. This last time, borrowers got burned, too, big time.

...
 

Lawsky Bashes Ocwen, Says Servicer's Growth 'Raises Red Flags'

New York's banking regulator Benjamin Lawsky unleashed a verbal assault on nonbank servicer Ocwen Financial Wednesday, saying the company's explosive growth "raises red flags," and that its use of technology to better handle distressed loans is "too good to be true."

Speaking at the annual meeting of the New York Bankers Association, Lawsky said

...
 

The Vampire Squid Strikes Again: The Mega Banks' Most Devious Scam Yet

Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever

February 12, 2014 11:00 AM ET
The Vampire Squid Strikes Again: The Mega Banks' Most Devious Scam Yet
Illustration by Victor Juhasz

Call it the loophole that destroyed the world. It's 1999, the tail end of the Clinton years. While the rest of America obsesses over Monica Lewinsky, Columbine and Mark McGwire's biceps, Congress is feverishly crafting what could yet prove to be one of the most transformative laws in the history of our economy – a law that would make possible a broader concentration of financial and industrial power than we've seen in more than a century.

Matt Taibbi on the Great American Bubble Machine

But the crazy thing is, nobody at the time quite knew it. Most observers on the Hill thought the Financial Services Modernization Act of 1999 – also known as the Gramm-Leach-Bliley Act – was just the latest and boldest in a long line of deregulatory handouts to Wall Street that had begun in the Reagan years.

...
 

Tampa man sues banks over slow payment processing

Charlotte Business Journal

Bank of America

Staff Tampa Bay Business Journal

A Tampa resident is taking on some of the biggest banks in the country, claiming that delays in processing mortgage payments allow the banks to earn extra interest from customers.

...
 

Page 96 of 1043

Company Contact

Stellionata Consulting, LLC

497 Hooksett Rd. #105

Manchester, NH 03104

Phone: (603) 685 4301

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Chain of Title

A few years ago, there was a lot of media hype about "producing the original note." There was almost equal response from the mortgage/foreclosure industry that the original note wasn't important and that reasonable facsimiles that were attested to as being "true and accurate copies of the original" were/are good enough to demonstrate that the current "bearer" of the copy is the rightful note holder and, therefore, has title and interest in the promissory note and has legal standing to foreclose.

Find out more