Wednesday 4th December
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Where did the billions go when banks settled with our government?
Written on 28 Dec, 2015 at 13:14
What if there had been $50 billion to spend on helping homeowners avoid foreclosure. That would be more than we've spent to-date on foreclosure prevention. ... (Continue reading)
$6 Billion in Reinsurance Kickbacks to the Banks – Un-reported, Un-Acted Upon & Un-believable
Written on 8 Sep, 2011 at 18:17
Citigroup Inc, Wells Fargo & Co, SunTrust Bank Inc. and Countrywide allegedly required reinsurance partnerships on generous terms that violated the Real Estate Settlement Procedures Act, a 1974 law prohibiting abusive home sales practices.... (Continue reading)
HUD Investigation Shows Banks Covered Up Widespread Illegal Acts – Government offers to bring them their check and validate their parking
Written on 19 May, 2011 at 2:01
According to Shahien's story in HuffPo, the secret investigations were initiated in response to last year's reports, which indicated that large lenders were improperly accelerating foreclosure proceedings... or, in other words... look who just figured out that robo-signing affidavits and... (Continue reading)