Are you facing a foreclosure from Mr. Cooper Home Loans formerly Nationstar Mortgage? Today, Mr. Cooper or Nationstar Mortgage LLC is a nationwide non-bank mortgage lender headquartered in Coppell, Texas. The company is a wholly owned subsidiary of Nationstar Mortgage Holdings Inc. With nearly 3 million customers, Nationstar Mortgage Holdings is a major participant in the mortgage servicing and origination markets. The company and its subsidiaries earn fees through servicing, origination, and other real estate-based services. According to 2014 data, Nationstar was the ninth-largest HMDA reporter by total mortgage originations, the sixth largest by applications received, and the 13th largest by money lent. From 2010 to 2014,Read More →

Ralph Nader Mortgage Cancellation Secrets

By now all consumers have been made aware that the Consumer Financial Protection Bureau (CFPB) powers were reduced and essentially taken away. This is really bad and not good for the little guy, but there is still hope for those who want to challenge their mortgage lenders. According to an article written by Ralph Nader on commondreams.org, The Consumer Financial Protection Bureau (CFPB) restored consumers’ constitutional right to challenge fraud, cheating, deception, and swindles perpetrated by banks and other financial institutions before an impartial judge or jury. Ralph Nader Makes Open Call Nader cites in his open letter to President Donald Trump:  “Unscrupulous banks, payday lenders,Read More →

Shell Property Fraud 2 Mortgage Cancellation Secrets 42

Did the Obama administration let Wall Street businesses get away with fraud?  Was your property put into a shell trust? Shell Property Fraud “FRAUD VITIATES EVERYTHING” (FVE) is the legal principle that, once it has been shown shown that one party has lied or committed a deliberate misrepresentation, their whole case is thereby compromised and no longer defensible in a court of law. JPMorgan moved to forgive the mortgages of tens of thousands of homeowners; the feds, in turn, credited these canceled loans against the penalties due under the 2012 and 2013 settlements. But here’s the rub: In many instances, JPMorgan was forgiving loans onRead More →