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Taylor Bean Told to Cease and Desist, Suspend Foreclosure Activity on All Remaining Loans

August 26, 2009
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(via Ocala Star-Banner; HT Robb Strupp) Florida-based Taylor, Bean and Whittaker, formerly the nation’s 12th-largest loan originator and servicer, has filed for bankruptcy reorganization amid new sanctions by the Florida Office of Financial Regulation, the Ocala Star-Banner reports: In a news released issued Monday, TBW said it believes the investigations surrounding the closing...
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Taylor Bean, TARP, the FDIC and You

August 5, 2009
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Strange doings over the last few days in Central Florida have put about 10,000 Maryland homeowners in doubt about where to send their mortgage checks. But the real trouble is much bigger than that. Here’s a rundown on who, what, where, how, and maybe why: 1. Because of bad mortgage lending, mostly in Florida,...
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