Couple Buys Foreclosed Home, Moves In, Invests Money to Fix Up, Finds Out The...
Winning Bidders At Foreclosed Home Auction Invest Time, Money Into Fix-Up Only To Then Find Out They Bought Wrong Property On July 14, they moved all of their belongings from their hotel room to the...
View ArticleForce Placed Insurance | Couple Face Off with Bank of America Over Mortgage
“For nearly two years, the Bergquists say, they’ve been trying to win back control of their lives after Bank of America forced its own property insurance on them, confiscated mortgage payments to cover...
View Article$16,OOO,OOO,OOO,OOOBAMA!
$16,OOO,OOO,OOO,OOOBAMA! November 16, 2011 was a historic date: that’s when the US officially surpassed $15 trillion in debt for the first time since World War 2. We celebrated it by cheering...
View ArticleREPORT | First Take – Progress Report from the Monitor of the National...
First Take — Progress Report from the Monitor of the National Mortgage Settlement I am pleased to present my first report as Monitor under the national mortgage servicing settlement. This report is not...
View ArticleU.S. Banks Provide Over $10 Billion in Loan “Aid” Under Settlement
U.S. Banks Provide Over $10 Billion in Loan Aid Under Settlement The five largest U.S. mortgage servicers so far have provided about $10.6 billion in relief to troubled borrowers under the terms of a...
View ArticleWhoa, An Actual Addmission of Guilt | Justice Department Reaches Lending...
“As part of the settlement, GFI admits that an analysis of the note interest rates and fees that it charged on mortgage loans to qualified borrowers showed statistically significant disparities between...
View ArticleWhere The Shadow Inventory Is: A Modern Day Children’s Story
Where The Shadow Inventory Is: A Home Seller’s Tale Real estate-minded people are abuzz with talk of the shadow inventory’s potential effect on the delicate housing market. The fear is that once the...
View ArticleBank of America Hasn’t Modified Any Mortgages So Far Under Fraudclosure...
Bank of America hasn’t modified any mortgages so far under settlement Bank of America Corp hasn’t completed any first-mortgage modifications that reduce loan balances for borrowers so far under a $25...
View ArticleCitigroup to Settle MBS Suit for $24.9 Million
Citigroup to settle MBS suit for $24.9 million (Reuters) — Citigroup Inc has agreed to pay nearly $25 million to settle a lawsuit by investors who said they were misled about the quality of...
View ArticleOutrageous | The Short Sale Scam: Most Going to Non-Recourse States that Bar...
“But here’s the key point: 12 states are “non-recourse states.” In these states, the bank is prohibited from going after a foreclosure victim for the balance of the mortgage post-foreclosure sale.” ~...
View ArticleHere It Comes… Can Mortgage Lenders Hold Your Insurance Money Hostage if Your...
Can mortgage lenders hold your insurance money hostage? If your home has been seriously damaged or destroyed, your insurance company will release a check made out to both you and your mortgage lender...
View ArticleUS Federal Budget Visualized – Your Tax Dollars at Work (INFOGRAPHIC)
Source: Demonocracy ~ 4closureFraud.org Tweet Related posts: Congressional Budget Office (CBO) | Hard Choices Ahead on Debt — The 2012 Long-Term Budget Outlook #AGOs TWEET | AG Coakley to hold press...
View ArticleCNBC vs Eliot Spitzer | Check Out How CNBC’s Maria Bartiromo Treated Eliot...
Check out how CNBC’s Maria Bartiromo treated Eliot Spitzer two days after the Krugman interview. Bartiromo is offended that Spitzer says former AIG CEO Hank Greenberg committed fraud. At one point,...
View ArticleWhen Firms Pay CEOs More than Uncle Sam, The Tax System is Broken
When Firms Pay CEOs More than Uncle Sam, The Tax System is Broken Twenty-five of the 100 highest-paid U.S. chief executives pocketed more in pay last year than their companies paid in federal income...
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Newest racist dog whistle: “Chicago”
Dogged. Via the Right Newz and Newsbusters, this one’s much easier than Lawrence O’Donnell’s tortured “golf = racist” theory last night. Just a few easy steps: Obama administration –> corruption...
View ArticleUS Govt Ignoring Rule of Law & Harming Economy Further (VIDEO)
Aug. 29 (Bloomberg Law) — There are numerous examples of the federal government suspending or ignoring settled rules of law in order to quickly and effectively respond to particular problems created by...
View ArticleThe Young Turks Interviews Matt Stoller on the Audit of the Federal Reserve
(The echo goes away after about 20 seconds.) Matt Stoller, former staff member for Representative Alan Grayson and writer for Naked Capitalism, talks to Cenk about the behind-the-scenes effort that was...
View ArticleWall Street And Washington Share Millions Of Dollars, Lot Of People
Wall Street And Washington Share Millions Of Dollars, Lot Of People The close relationship between Wall Street and Washington belies their 200 mile separation and theoretically differing goals. By...
View ArticleRecovery!?! | In Oregon, Foreclosures are Going Behind Closed Doors with No...
Foreclosures going behind closed doors So, if you owe the bank $300,000 on a house that sells for $200,000, you still owe the bank $100,000 You might think, in weeks and months to come, that the home...
View ArticleSchneiderman Investigating Bain Capital, Amid No News of Any Investigation on...
Schneiderman Investigating Bain Capital, Amid No News of Any Investigation on Mortgage Fraud Task Force As you may know, back in late January New York Attorney General Eric Schneiderman agreed to a...
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