News

1 min read

California’s AB 2501, the “Repossession and Foreclosure Moratorium Bill” Positioned to Be Reintroduced for Second Vote

August 20, 2020 Cucolle1

Sacramento, CA – 19 August 2020 – Apparently emboldened by the passage of AB...

1 min read

Eviction Freeze and Mandatory Forbearance Law Passes Judiciary Vote

August 19, 2020 Cucolle1

CA’s AB 1436 Goes to Senate Vote Next Week AB 1436 has passed through...

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California State Assembly Threatens CU Industry with New Bill

August 11, 2020 Cucolle1

California Long Term Mortgage Forbearance Bill Goes to Vote August 18 Your Help Needed!...

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July Chapter 11 Bankruptcy Filings Increase 52%

August 6, 2020 Cucolle1

“We anticipate filings increasing in the next few months as more households and companies...

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Experian Launches Portfolio Loss Forecaster

August 4, 2020 Cucolle1

Today, Experian and Oliver Wyman launched the Ascend Portfolio Loss ForecasterTM, a solution built to...

1 min read

Man Buys Porsche with Homemade Cashiers Check

August 3, 2020 Cucolle1

But the Rolex Salesman Wasn’t so Dumb Walton County, FL – 2 August 2020...

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Behind the Curtains of the Internet Credit Card Fraud Industry

July 27, 2020 Cucolle1

Meet Brett Johnson, He turned it into an Empire Brett Johnson, the administrator of...

1 min read

Massachusetts Governor Extends Eviction and Foreclosure Moratorium to October

July 21, 2020 Cucolle1

21 July 2020 – Massachusetts Governor Baker announced today that he’s extended the state’s...

2 min read

Introducing HR 7301 – Another Repossession and Foreclosure Moratorium Bill

July 20, 2020 Cucolle1

Bans Repossessions and Foreclosures for Six Months and Expands CARES ACT protections to all...

3 min read

LA Man Arrested and Charged in Fraud Luxury Vehicle Subleasing Scam

July 12, 2020 Cucolle1

Prosecutors say leases not paid, cars rented out instead Los Angeles, CA – 9...

1 min read

Great Britain Freezes Auto Payments and Repossession until October 31

July 7, 2020 Cucolle1

Don’t think it could happen here? Well, it’s happening in the UK The UK’s...

1 min read

Mortgage Fraudster Switches to Auto Fraud Right After Release

July 6, 2020 Cucolle1

Middletown, CN – Following a twelve-month prison term for mortgage fraud, George Hajati, 41,...

1 min read

Federal CU Incomes Dropped 40% Compared to Previous Year – Loan Loss Expectations Primary Culprit

July 2, 2020 Cucolle1

Increased Loan Loss Reserves Forecasted Dramatic Losses as COVID-19 Crisis Began The National Credit...

1 min read

Supreme Court Nullifies CFPB Autonomy

June 30, 2020 Cucolle1

In a 5-4 Supreme Court decision, (Seila Law v. CFPB), it was ruled that...

1 min read

AB 2501 – The “Credit Killer” Bill’s Last Chance a “Big Nothing Burger”

June 18, 2020 Cucolle1

Sacramento, CA – 17 June 2020 – At 9:20 am PST, the California State...

1 min read

AB 2501’s Final Attempt at Passing the Assembly is This Morning

June 18, 2020 Cucolle1

Assembly Meeting is 9am PST 17 June 2020 – A 28-25 loss on Monday....