Posts Tagged ‘NPV’

Homeowner Suffers Horrific Injustice at the Hands of JPMorgan Chase

Written on 4 Mar, 2011 at 12:46

We're not people who simply decided to skip out on our mortgage. We did everything as upright and by the book as we were instructed to do by Chase yet we still lost our home. On the day they took... (Continue reading)

Man Drives Car Through Bank of America’s Lobby – Police Investigate, Unsure of Motive

Written on 28 Feb, 2011 at 23:26

So, wait a minute here... he drove into the bank... into it... he was inside a Bank of America at 4:00 AM... and police are still trying to determine if any property was taken... but he's only being charged with... (Continue reading)

Federal Regulators to Bring Enforcement Actions Against Banks… May Get Rid of Hot Towels in Washroom

Written on 17 Feb, 2011 at 11:27

You know what... go to hell. How about the servicers offer "enhanced, streamlined modifications to troubled borrowers" just because it's the right thing to do? How about the servicers do it because although they can never come close... (Continue reading)

Banks Kick Consumer’s Butts Once Again – SB 1275 Dies in the California Assembly

Written on 1 Sep, 2010 at 7:41

Even though the bill was supported by EVERYONE but the banking lobby, it was rejected 36-30 in the Assembly. Even after it was approved by the state Senate and three Assembly committees. This time... no... but thank you... (Continue reading)

Banks Obviously in Trouble, 91 Banks Missed May Payments to Treasury

Written on 17 Jun, 2010 at 23:00

In some cases, banks are attempting to renegotiate or modify their loans. For example, Midwest Banc Holdings offered to swap $84.8 million in preferred shares issued under the TARP program for $15.5 million in common shares, but that would... (Continue reading)

Tagged with: American Bankers Association Assistant Treasury Secretary Michael Barr bank of america bank seizures bankers banks not making TARP payments ben bernanke commercial bankers credit default swaps defaulting loans FDIC FDIC Chair Sheila Bair foreclosures fraudulent securitization HAMP Indymac bank jpmorgan chase loan modifications Midwest Banc Holdings mortgage bankers association mortgage refinancing NPV NPV test one west bank preferred shares saxon SNL Financial sub-prime borrowers TALF TARP TARP payments Treasury Secretary Tim Geithner U.S. taxpayers U.S. Treasury U.S. Treasury data wall street bankers wells fargo bank