By: Julia M. Wei, Esq. Dear Readers – Happy New Year! This marks my 100th post. I am still frequently getting calls from borrowers who say they have read my blog and have questions about challenging a foreclosure. I am not totally convinced they read my blog because I often say that I work for [...]
Entries Tagged as 'Mortgage Fraud'
SETTING ASIDE A FORECLOSURE SALE IN CALIFORNIA – An Uphill Battle for Borrowers
January 6th, 2011 · 13 Comments · California Lending & Mortgage Law, Creditor's Rights in Bankruptcy, Current Affairs, Foreclosure Defense Lawsuits, Foreclosures, Mortgage Fraud, Trust Deeds
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Fed Proposed Changes to Truth In Lending to Curb Rescission–really?
December 21st, 2010 · No Comments · California Lending & Mortgage Law, Foreclosure Defense Lawsuits, Foreclosures, Mortgage Fraud, Trust Deeds, Uncategorized
I do a lot of defense work, and readers of this blog know that I work primarily for private lenders (not institutional lenders). This means I defend against a lot of TILA rescission claims. The current state of TILA rescissions is somewhat murky with circuit courts across the nation having to fill in the logistical [...]
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Watching the Robo Signing Litigation – Davis v. Countrywide, Bank of America, et al. Developments
November 15th, 2010 · No Comments · Current Affairs, Foreclosure Defense Lawsuits, Foreclosures, Mortgage Fraud
The Davises sued their lender in Federal Court alleging violations of the Racketeering Act (RICO) and the Federal Fair Debt Collection Practices Act. Essentially, they claimed they were damaged because the bank employees were “robo-signers” on their foreclosure documents and that the foreclosure affidavits were fraudulent. However, the plaintiffs lost their home in [...]
Tags:foreclosure defense
More loan mod lawyers busted!
October 13th, 2010 · 1 Comment · Mortgage Fraud
The California State Bar has prosecuted and disbarred Brian Colombana and Mark Alan Shoemaker. From their press release: “Colombana, who practiced in Laguna Hills, accepted fees totaling nearly $36,000 from 12 distressed homeowners but did not obtain a single loan modification. Eight of the clients live in states where Colombana is not licensed to practice, [...]
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Mountain View Real Estate Investor (and Mortgage Fraudster) Convicted!
February 8th, 2010 · 1 Comment · Mortgage Fraud, Trust Deeds
Judy “Miu Wan” Yeung was alleged to have defrauded Washington Mutual Bank and J.P. Morgan Chase to the tune of $6.5M!! She was convicted of one count of conspiracy to commit wire fraud, eight counts of wire fraud, and three counts of witness tampering by a federal jury yesterday afternoon, United States Attorney Joseph P. [...]
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