FDIC Exposed In Its On-Going “Cover-Up” Of Washington Mutual Bank Loans

People reach out to me on regular basis expressing frustration with the FDIC and its stonewalling of information and documentation regarding the sale of their Washing Mutual Bank mortgage loans to JPMorgan Chase. I have read countless email exchanges with the FDIC, as well as formal requests made for such...

Selling Mortgage Loan Data Is Like Selling The Brooklyn Bridge; Another Tale In The LSF9 Crime Spree.

There once was a man named George C. Parker, a con man whose claim to fame was selling the Brooklyn Bridge twice a week for thirty-years. He made a career out of selling real estate he did not own. What a gig! George C. Parker – Wikipedia “Parker had multiple methods for making his sales. When he...

Is A Silent Invasion Upon Us? My Wakeup Call To The Department Of Justice!

Having been in the mortgage industry years ago, I still receive emails notifying me of new programs, lenders, current interest rates, and news. I normally do not pay much attention until I received an email notice yesterday titled “No Income Docs” with the following: Foreign National 4.75% 5/1 ARM 12...