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DannLaw Covid-19 Update 13

RESPA

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A lot has changed since we posted our last update. A new president is in the White House, mortgage forbearance programs and foreclosure moratoriums have been extended by the federal government, a $1.9 trillion stimulus package is working its way through Congress, millions of Americans have been vaccinated against the coronavirus and the entire U.S. population may be inoculated by early summer. For the first time in a very long time, there is light at the end of the COVID … [Read more...] about DannLaw Covid-19 Update 13

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The U.S. Supreme Court’s decision in Seila Law v. Consumer Financial Protection Bureau marked the culmination of a years-long attack against the agency by the business community, Congressional Republicans, and the Trump administration. It also provided a major dose of “be careful what you wish for because you just might get it” for the powerful forces who have been trying to destroy the CFPB since it was created in the wake of the collapse of the nation’s housing market in … [Read more...] about Supreme Court ruling that CFPB may continue to operate is win for consumers, major blow to lenders, scam artists

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Today, we’re going to tell you story about good vs. evil, right vs. wrong. The main character in the tale is Riad Ghosheh who owns a home that Ocwen Loan Servicing LLC and PHH Mortgage Services tried to steal. They’re the bad guys. How bad? As of this year, more than 11,000 complaints against Ocwen had been lodged with the Consumer Financial Protection Bureau (CFPB). PHH, which Ocwen acquired in 2018, has been tagged 781 times. Ocwen, a company we’ve fought and written about many … [Read more...] about A Tale of Good vs. Evil: We Stopped Ocwen/PHH from Stealing Riad Ghosheh’s Home–Now We’re Going to Make the Companies Pay