Posts Tagged ‘attorney general eric holder’

The Good, the Bad and the Ugly in the Mortgage Settlement

The Good, the Bad and the Ugly in the Mortgage Settlement

The settlement agreement is supposed to help one million households by reducing their loan balance reduced. There’s no way is there enough money in this settlement to do all that much for anyone. But Obama has said it’s... (Continue reading)

Freddie Mac’s Crimes Against Homeowners are NOT an Isolated Incident

Freddie Mac’s Crimes Against Homeowners are NOT an Isolated Incident

ProPublica is reporting that Freddie Mac has been placing “multi-billion dollar bets designed to only pay off when homeowners remain “trapped” in high interest rate loans, and that the government-owned mortgage monster began increasing such bets late in 2010, which... (Continue reading)

BRINGING UP THE REAR FTC Chairman Jon Leibowitz

BRINGING UP THE REAR  FTC Chairman Jon Leibowitz

If you want to get rid of the loan modification scammers, you certainly don’t reduce the number of legitimate options available to help, you let people know where they can get help… beyond calling their bank or standing in line... (Continue reading)

Holder and Geithner LIED About Loan Modification Scams

Holder and Geithner LIED About Loan Modification Scams

Today was a very sad day for me. Today was the day that I discovered the truth about something that I had been certain was just the result of the administration being misguided. They didn’t know, I reasoned.... (Continue reading)


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