{"id":2559,"date":"2023-05-05T19:19:44","date_gmt":"2023-05-05T19:19:44","guid":{"rendered":"https:\/\/testv32.demowebsitelinks.com\/TRN\/?page_id=2559"},"modified":"2023-05-05T19:25:02","modified_gmt":"2023-05-05T19:25:02","slug":"media-2","status":"publish","type":"page","link":"https:\/\/testv32.demowebsitelinks.com\/TRN\/media-2\/","title":{"rendered":"MEDIA"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2559\" class=\"elementor elementor-2559\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e2efe3d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e2efe3d\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-855e82e ot-flex-column-vertical\" data-id=\"855e82e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92ff4c9 elementor-widget elementor-widget-iheading\" data-id=\"92ff4c9\" data-element_type=\"widget\" data-widget_type=\"iheading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ot-heading\">\r\n\t        \t        <h3 class=\"main-head\">MEDIA<\/h3>\t    <\/div>\r\n\t    \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aeaf1cb elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aeaf1cb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1feb286 ot-flex-column-vertical\" data-id=\"1feb286\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-841e06b elementor-widget elementor-widget-iheading\" data-id=\"841e06b\" data-element_type=\"widget\" data-widget_type=\"iheading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ot-heading\">\r\n\t        \t        <h3 class=\"main-head\">Tiffany Norman and Her Client Featured in an Article on the Cover of the New York Times: \u201cAs Banks Retreat, Private Equity Rushes to Buy Troubled Home Mortgages\u201d<\/h3>\t    <\/div>\r\n\t    \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a2a7f8 elementor-widget elementor-widget-iheading\" data-id=\"3a2a7f8\" data-element_type=\"widget\" data-widget_type=\"iheading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ot-heading\">\r\n\t        \t        <h3 class=\"main-head\">THE FULL ARTICLE, CLICK HERE<\/h3>\t    <\/div>\r\n\t    \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16918fa elementor-widget elementor-widget-text-editor\" data-id=\"16918fa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.11.5 - 14-03-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><a href=\"https:\/\/trnlaw.com\/new-york-times-excerptas-banks-retreat-private-equity-rushes-to-buy-troubled-home-mortgages\/\">https:\/\/trnlaw.com\/new-york-times-excerptas-banks-retreat-private-equity-rushes-to-buy-troubled-home-mortgages\/<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6015e17 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6015e17\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2d4b508 ot-flex-column-vertical\" data-id=\"2d4b508\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1f2046 elementor-widget elementor-widget-iheading\" data-id=\"c1f2046\" data-element_type=\"widget\" data-widget_type=\"iheading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ot-heading\">\r\n\t        \t        <h3 class=\"main-head\">Short-Term Relief<\/h3>\t    <\/div>\r\n\t    \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05ac3ea elementor-widget elementor-widget-text-editor\" data-id=\"05ac3ea\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Phillip Harris, 62, who has black lung disease, has lived for more than 40 years in a three-story building in San Francisco that doubles as his home and a boardinghouse. Caliber threatened to foreclose on the mortgage a few months after Lone Star bought the loan from Bank of America and scheduled a sale of the property by March 19<sup>th<\/sup>.<\/p><p>Mr. Harris sent in an application for a loan modification \u2013 a move that under California law would stop the foreclosure process. But because the documents were not yet in Caliber\u2019s computer system, the firm said it intended to go ahead with the foreclosure and sale of the house.<\/p><p>About a week before the trustee sale, Mr. Harris and his lawyer, Tiffany Norman, said they called Caliber and spoke with an employee who identified herself only as Katrina. On the recorded call, Mr. Harris and his lawyer repeatedly told the Caliber employee that the application had been submitted.<\/p><p>\u201cWe definitely don\u2019t doubt you guys sent that in,\u201d the Caliber employee said during the pone call, a recording of which was produced in litigation. But the employee said there was nothing she could do to stop the sale because it took five to seven days for an application to be \u201cuploaded into\u201d Caliber\u2019s system.<\/p><p>Ms. Norman went to court and got a temporary restraining order against Caliber. A few weeks ago, a Caliber lawyer approached Ms. Norman about a potential settlement.<\/p><p>Formerly known as Vericrest Financial, Caliber has grown rapidly. Today it manages more than 327,465 mortgages with a combined value of just over $71 billion. Some of Caliber\u2019s growth has come from Lone Star\u2019s steering, of standard mortgage origination business to the firm by requiring prospective buyers of the foreclosed homes it puts up for sale to be prequalified for a mortgage from Caliber.<\/p><p>As Caliber has grown, so as the customer complaints More that 1,000 complaints have bee lodged with the feral Consumer Financial Protection Bureau, with complaints running 54 percent higher than a year ago, the agency reports. Caliber said in an email that the modifications it had made had reduced the average borrower\u2019s monthly payments by more than 20 percent.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MEDIA Tiffany Norman and Her Client Featured in an Article on the Cover of the New York Times: \u201cAs Banks Retreat, Private Equity Rushes to Buy Troubled Home Mortgages\u201d THE FULL ARTICLE, CLICK HERE https:\/\/trnlaw.com\/new-york-times-excerptas-banks-retreat-private-equity-rushes-to-buy-troubled-home-mortgages\/ Short-Term Relief Phillip Harris, 62, who has black lung disease, has lived for more than 40 years in a three-story [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2559","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/pages\/2559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/comments?post=2559"}],"version-history":[{"count":4,"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/pages\/2559\/revisions"}],"predecessor-version":[{"id":2565,"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/pages\/2559\/revisions\/2565"}],"wp:attachment":[{"href":"https:\/\/testv32.demowebsitelinks.com\/TRN\/wp-json\/wp\/v2\/media?parent=2559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}