Tag Archives: Federal Reserve

IFR COVER-UP, PART TWO: ILLEGITIMATE FORECLOSURES

Yesterday’s post questioned why mortgage servicers–and not mortgage investors–were punished by the IFR.  The reason for that question is this: servicers are supposed to be mere debt collectors.  That is, servicers are not the entities to whom a debt is … Continue reading

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IFR COVER-UP: THE PRINCIPAL/AGENT SCAM REVEALED, PART ONE

So if any of us can stand yet more commentary on the So-Called Independent Foreclosure Review (SCIFR), I have a question–why were only the “servicers” punished?  Why weren’t the holders and/or owners of the notes punished?  After all, the servicers … Continue reading

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