In yet another settlement, JPMorgan Chase has admitted to filing tens of thousands of documents that were not reviewed by the people who had signed and authenticated to their accuracy. Many in the banking and legal community are shocked that Chase would admit to such wrongdoing in more than 50,000 fraudulent payment change notices. In court documents, it was stated that Chase “improperly signed, under penalty of perjury, by persons who had not reviewed the accuracy of the not

Ocwen Financial Corp. (OCN) subservices all the mortgage loans for Home Loan Servicing Solutions (HLSS). Mangrove Partners is an investment manager (hedge funds) and one of the largest shareholders of HLSS. HLSS is an affiliate of Ocwen. Mangrove Partners sent HLSS a letter demanding HLSS terminate its business relationship with Ocwen. Mangrove Partners sites a “dereliction of duty” and said it is “imperative” HLSS terminate its servicing relationship with Ocwen “without dela

Ocwen Financial Corp. faced major problems throughout 2014. It seems this year will be more of the same. Announced Friday, January 26th, Ocwen will hire outside accountants and pay $2.5 million to the state of California in exchange for the state to halt their bid to suspend the company’s license. California state regulators previously announced Ocwen failed to comply with providing them with loan information as requested. This latest settlement only covers Ocwen’s failure t

In what some are saying is an innovative lawsuit, a group has filed a lawsuit in Ohio, alleging lenders who failed to take required mitigation steps prior to foreclosing on mortgages guaranteed by the Federal Housing Administration (FHA) under the authority of the U.S. Department of Housing and Urban Development (HUD) have violated the False Claims Act. When a borrower defaults on an FHA-guaranteed mortgage, the FHA reimburses the lending bank for the losses. A condition of e

Excited to announce that Keith Gantenbein, of Gantenbein Law Firm, has been invited to teach at a 2-day National CLE, starting today, sponsored by the American Bankruptcy Institute (ABI). Mr. Gantenbein will be speaking about some of his most passionate issues: the Rule 120 Foreclosure Hearing in Colorado, Dual-Tracking, and CFPB (Consumer Finanacial Protection Bureau) Rules and Regulations, as they relate to mortgages. If you have an issue with your loan modification, mortag

A couple living in New England are facing another battle after losing their home to foreclosure. Their mortgage insurance company is suing them for $136,000. The Galindo’s came to the U.S. to build a better life for themselves and their toddler daughter. They worked hard and bought a two-family house in 2005 for $410,000. They didn’t have the money saved to make a large down payment so their lender required they buy an insurance policy in order to qualify for the mortgage. T

California is accusing Ocwen of defying requests for information by the California Department of Business Oversight, which is the licensing bureau for nonbank mortgage lenders and providers of collection and foreclosure services. The state is now seeking to suspend Ocwen’s mortgage license because Ocwen has failed to turn over documentation showing compliance with California laws protecting homeowners. There have been investigations nationwide into Ocwen and other nonbank ser

The Denver County Public Trustee is sitting on 1 million dollars in overbid funds! If you have lost your home to foreclosure to a third party investor, no matter what county, you may have overbid funds that are rightfully yours. The amounts can range from 50.00 to 250,000.00. We urge you to check the public trustee records for sale results to determine if funds are due to you. In Colorado, the foreclosing lender submits an initial bid to the public trustee two days prior to t

Colorado Attorney General adds two more law firms to his naughty list this Christmas. John Suthers has brought two lawsuits against Robert J Hopp & Associates and the Vaden Law Firm in connection with fees incurred and charged during a public trustee foreclosure process. The suit alleges that the firms charged homeowners excessive or fake fees for foreclosure costs. The firms allegedly padded fees and costs by “charging” for title insurance, from a title company owned by that

Despite being profitable, Fannie Mae is chasing old debt- perhaps to recover losses incurred during the foreclosure boom. Many homeowners have post-foreclosure deficiencies- due to the loss of equity, as a result of a bubble created by lenders Now, they seek to profit further from their risking lending pratices by chasing old deficiency debt. This places homeowners in a significant financial disadvantage. #postforeclosure #deficiencyaction #deficiencyjudgment #coloradoforeclo

Keith Gantenbein, a foreclosure defense attorney based in Denver, and serving all of Colorado, has been invited, for the second year in a row, to speak at a National Conference regarding Mortgage Issues. Mr. Gantenbein will speak at the American Bankruptcy Institute's 20th Annual Rocky Mountain Bankruptcy Conference. He will speak about Mortgages and recent Mortgage Law updates. This will include CRCP Rule 120 (Colorado's Rule 120 Hearing) and the House Bills Mr. Gantenbein h

Colorado Attorney General John Suthers has filed 3 more lawsuits against foreclosure firms in Colorado; all 3 were settled. This makes 5 foreclosure firms in total that have been sued by the Colorado AG for fraud and fee-padding. We suspect this a systemic problem with foreclosure firms throughout the nation...wonder if other states will follow suit? Read the full story HERE. #janeway #medved #aronowitz #aronowitzmecklenburg #coloradoforeclosurehelp #coloradoforeclosuredefens

Colorado foreclosure defense attorney Keith Gantenbein was honored to have taught at the Colorado Foreclosure Hotline, Counselor Retreat this morning. He spoke about loan modifications and Colorado foreclosure law. For more information on the Hotline, visit their website. For Foreclosure Defense attorney services, call us at 303-618-2122. From our Denver office, we serve all of Colorado. #coloradoforeclosuredefenseattorney #coloradoforeclosurehotline #loanmodifications #loanm

Keith Gantenbein, of the Gantenbein Law Firm, was honored to have been invited to attend a seminar taught by Ms. Mansfield, of the Conumser Financial Protection Bureau, at CHFA for HUD counselors. Thi seminar focused on loss mitigation timelines and mortgage servicing requirements. #cfpb #consumerfinancialprotectionbureau #gantenbeinlawfirm #coloradoforeclosurehelp #foreclosureassistancecolorado #coloradoforeclosuredefenseattorney #coloradoforeclosurelaw #foreclosuredefenseat

Colorado foreclosure defense attorney Keith Gantenbein, of the Gantenbein Law Firm, spoke at the annual Public Trustees Convention with Rep. McCann and Cathy Mansfield of the CFPB- where we discussed dual tracking, HB1295 and the role of the Public Trustee. If you need foreclosure assistance in Colorado, contact The Gantenbein Law Firm. #hb141295 #coloradopublictrustees #keithgantenbein #foreclosurelawyerdenver #realestateattorneydenver #foreclosuredefenseattorneydenver #colo

We suspect that Colorado foreclosure law firm, Aronowitz & Mecklenburg, has been sold to a very large Texas-based foreclosure law firm. Aronowitz & Mecklenburg recently agreed to settle their case against them, brought by the Colorado Attorney General's office, for $10 million. They did not admit any guilt in their settlement. We hope the new law firm that purchased Aronowitz avoids the fee-padding scheme that allegedly plagued so many foreclosure law firms in Colorado- and,

The U.S. Department of Housing and Urban Development issued two final rulings regarding ARM mortgages to eliminate post-payment interest penalties on FHA loans and revise notification requirements. For detailed information on these recent FHA requirements, as issued by HUD, read more on our blog HERE. If you need a foreclosure defense attorney in Denver, or other cities in Colorado, contact our office. #coloradoforeclosuredefenseattorney #coloradoforeclosurehelp #coloradofore