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Threats of costly mortgage litigation have been dogging Bank of America for years. 8 Aug 2013 | 08:26 am
WASHINGTON/NEW YORK (Reuters) – The U.S. government on Tuesday filed two civil lawsuits against Bank of America that accuse the bank of investor fraud in its sale of $850 million of residential mortga...
Who Controls The Dicussion, American Corporate Controled Media Game 24 Jul 2013 | 07:43 am
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably ...
Victims Of Mortgage Abuse Refuse To Cash Tiny Settlement Checks 24 Jul 2013 | 07:27 am
A billion dollars in checks sent to foreclosed homeowners as part of a national settlement with big banks is going uncashed, another sign that the government’s much-criticized effort to redress mor...
New Lawsuit Filed for Bank of America Homeowners Seeking Modifications 17 Jul 2013 | 07:23 am
SEATTLE, Jul 12, 2013 (BUSINESS WIRE) -- Hagens Berman Sobol Shapiro LLP, a national consumer-protection law firm, has filed a class action lawsuit alleging that Bank of America /quotes/zigman/190927/...
Why Homeowners Should Fight Back 2 May 2013 | 07:51 am
we have seen thousands of cases, where the homeowner that is facing a potential foreclosure or is already in foreclosure, simply give up and walk away from their home. I can readily understand the pai...
Fighting Foreclosure Fraud By Sharing information 2 May 2013 | 07:33 am
MOTION TO DISMISS BY LENDER DENIED IN TENNESSEE SECURITIZATION DISCOVERY ORDERED PRODUCED April 30, 2013 A Sevier County, Tennnessee Special Master has today overruled a Motion to Dismiss a homeowne...
Lawmaker pushes for Foreclosure settlement 30 Apr 2013 | 11:02 pm
A ranking member of the House Committee on Oversight and Government Reform is pushing for a legislative package that would create an independent monitor to oversee all payouts tied to the national for...
Mortgage Warehouse Lender Fraud, Colonial Bank Sr. Former Vice President sentenced 8 years 20 Jun 2011 | 02:49 pm
WASHINGTON – A former senior vice president and head of Colonial Bank’s Mortgage Warehouse Lending Division was sentenced today to eight years in prison for her role in a more than $2.9 billion fraud ...
Class Warefare 2 2 Jun 2011 | 02:43 am
This economic recovery has excluded working and middle class Americans which begs the question, what really defines a financial recovery? In past and distant recoveries the economic gains were widely ...
FBI Lender Mortgage Fraud Taylor, Bean & Whitaker 2 Jun 2011 | 02:33 am
Former Chairman of Taylor,Bean & Whitaker Convicted for $2.9 Billon Fraud Scheme That Contributed to the Failure of Colonial Bank U.S Department of Justice April 19, 2011 WASHINGTON—Lee Bentley Far...