- Pam Bondi Press Release | Florida Enters $25 Billion Joint State-Federal Mortgage Servicing Settlement
- Fill in the Blank | Press Release – Attorney General Pam Bondi Sues _____________ for Defrauding Consumers
- Press Release from Tom Miller on Fraudclosure Settlement | NO DEAL! “We have not yet reached an agreement and we won’t reach a settlement any time this week.”
Feb
09
Pam Bondi’s Fill in the Blank Press Release on the Fraudclosure Settlement
When I saw the cut and press release that was leaked to Yves over at Naked Capitalism I thought to myself, “now that this is out on the internet, no attorney general would use it. Well, guess what, Bondi did… How do I know the fill in the blank release was written by by Tom … Read more
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Feb
09
Fraudclosure Settlement Breakdown Amount State by State
h/t Yves ~ 4closureFraud.org ~ State Settlement Amounts TweetRelated posts: CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET Fraudclosure FAIL | State AGs Offer New Settlement Terms to Mortgage Servicers Negotiating With Criminals | Sissy State AG’s Beg Banksters for … Read more
Related posts:
- CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET
- Fraudclosure FAIL | State AGs Offer New Settlement Terms to Mortgage Servicers
- Negotiating With Criminals | Sissy State AG’s Beg Banksters for Larger Fraudclosure Settlement
Feb
09
Schneiderman: Civil & Criminal Investigations Will Continue As We Seek Accountability For Those Responsible For Crisis And Leverage Greater Relief For Homeowners
A.G. SCHNEIDERMAN SECURES $136 MILLION FOR STRUGGLING NEW YORK HOMEOWNERS IN MORTGAGE SERVICING SETTLEMENT After Schneiderman’s Persistence, Narrow Settlement Preserves Sweeping Legal Claims For Housing Crisis Misconduct That Has Not Yet Been Investigated New York To Receive More Per Underwater Borrower Than Any Other State, Plus Loan Modifications, Principal Reductions Schneiderman: Civil & Criminal Investigations … Read more
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Feb
09
Joint State-Federal Foreclosure Settlement Flow Chart
~ 4closureFraud.org TweetRelated posts: Pam Bondi Press Release | Florida Enters $25 Billion Joint State-Federal Mortgage Servicing Settlement CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET BofA’s $8.5 Billion Settlement Could Fall Apart After Request Made To Move Mortgage Case … Read more
Related posts:
- Pam Bondi Press Release | Florida Enters $25 Billion Joint State-Federal Mortgage Servicing Settlement
- CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET
- BofA’s $8.5 Billion Settlement Could Fall Apart After Request Made To Move Mortgage Case From State To Federal Court
Feb
09
Some Additional Foreclosure Fraud Settlement Details Released
Some Additional Foreclosure Fraud Settlement Details Released What is being called the “National Mortgage Settlement” is out, with a shiny new website featuring a happy couple being ripped off by their servicers. The monetary value breaks down as follows: $750 million in a payment to the federal government; $4.5 billion in direct payments to the … Read more
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Feb
09
Fraudclosure Deal – You Have Been Sold Out
The Market Ticker – Fraudclosure — You Have Been Sold Out And people wonder why there are more and more folks who are saying (or should say) “**** it”, throw their hands in the air, make no investment in capital formation and just walk off? A multistate settlement with five large U.S. banks over foreclosure … Read more
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Feb
09
Pam Bondi Press Release | Florida Enters $25 Billion Joint State-Federal Mortgage Servicing Settlement
Florida Enters $25 Billion Joint State-Federal Mortgage Servicing Settlement TALLAHASSEE, Fla.-Attorney General Pam Bondi today formally entered a landmark $25 billion joint federal-state agreement with the nation’s five largest mortgage servicers over foreclosure abuses and unacceptable nationwide mortgage servicing practices. The proposed agreement provides an estimated $8.4 billion in relief to Florida homeowners and addresses … Read more
Related posts:
- Federal Government and State Attorneys General Reach $25 Billion Agreement with Five Largest Mortgage Servicers to Address Mortgage Loan Servicing and Foreclosure Abuses
- BofA’s $8.5 Billion Settlement Could Fall Apart After Request Made To Move Mortgage Case From State To Federal Court
- Fraudclosure FAIL | State AGs Offer New Settlement Terms to Mortgage Servicers
Feb
09
Federal Government and State Attorneys General Reach $25 Billion Agreement with Five Largest Mortgage Servicers to Address Mortgage Loan Servicing and Foreclosure Abuses
Federal Government and State Attorneys General Reach $25 Billion Agreement with Five Largest Mortgage Servicers to Address Mortgage Loan Servicing and Foreclosure Abuses $25 Billion Agreement Provides Homeowner Relief & New Protections, Stops Abuses WASHINGTON – U.S. Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom … Read more
Related posts:
- Senators Urge OCC to Work with State Attorneys General, DOJ, and HUD to Hold Mortgage Servicers Accountable and Prevent Future Abuse
- Naked Capitalism | Yes, Virginia, Servicers Lie to Investors Too: $175 Billion in Loan Losses Not Allocated to Mortgage Backed Securities (and Another $300 Billion on the Way)
- NY Times | Attorneys General May Be Rushing Proposal for Loan Servicers
Feb
09
Attorney General Eric Holder Delivers Remarks at the Mortgage Servicers Settlement Press Conference
Attorney General Eric Holder Delivers Remarks at the Mortgage Servicers Settlement Press Conference Washington, D.C. ~ Thursday, February 9, 2012 Good morning. I’m pleased to join with Secretary Shaun Donovan; Attorney General for the State of Iowa, Tom Miller; Associate Attorney General, Tom Perrelli; HUD Inspector General, David Montoya; and Attorney General for the State … Read more
Related posts:
- Press Release | Nadler and NY Delegation Assail Iowa Attorney General for Excluding NY Attorney General from Mortgage Settlement Talks
- Attorney General Eric Holder Justice Department looking into home foreclosure mess
- OCC Settles Civil Money Penalties Against Large National Bank Mortgage Servicers for $394 Million; Penalty Assessment Coordinated with Servicers’ Actions and Payments Under Federal-State Settlement
Feb
09
OCC Settles Civil Money Penalties Against Large National Bank Mortgage Servicers for $394 Million; Penalty Assessment Coordinated with Servicers’ Actions and Payments Under Federal-State Settlement
OCC Settles Civil Money Penalties Against Large National Bank Mortgage Servicers for $394 Million; Penalty Assessment Coordinated with Servicers’ Actions and Payments Under Federal-State Settlement WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced agreements in principle with four large national bank mortgage servicers to settle civil money penalties in connection … Read more
Related posts:
- OCC Assesses Civil Money Penalty of $20 Million Against Wells Fargo, Requires Restitution of $14.5 Million to Municipalities Harmed by Bid-Rigging on Financial Products
- Ally (GMAC), Home of Robo-signer Extraordinaire Jeffrey Stephan, Sets Aside $270 Million for Expected Penalties from Foreclosure Fraud Settlement
- Federal Reserve Orders $85M Civil Penalty Against Wells Fargo for Steering Potential Prime Borrowers Into More Costly Subprime Loans and Falsifying Income
Feb
09
David Dayen | 49-State Foreclosure Fraud Settlement Will Be Finalized Today
49-State Foreclosure Fraud Settlement Will Be Finalized Thursday Forty-nine states, every one but Oklahoma, as well as federal regulators will participate in a foreclosure fraud settlement that will release the five biggest banks (Wells Fargo, Citi, Ally/GMAC, JPMorgan Chase and Bank of America) and their mortgage servicing units from liability for robo-signing and other forms … Read more
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Feb
09
Attorney General Kamala D. Harris Secures $18 Billion California Commitment for Struggling Homeowners
Attorney General Kamala D. Harris Secures $18 Billion California Commitment for Struggling Homeowners LOS ANGELES – Attorney General Kamala D. Harris today announced an historic commitment to California of up to $18 billion that will benefit hundreds of thousands of homeowners in the state hardest hit by the mortgage crisis. “California families will finally see … Read more
Related posts:
- CA Attorney General Kamala D. Harris Announces Creation of Mortgage Fraud Strike Force to Protect Homeowners
- Kamala Harris: National Mortgage Deal Still Not Good Enough For California
- Press Advisory | May 23: CA Attorney General Kamala D. Harris Announces Major Initiative to Protect Homeowners from Mortgage Fraud
Feb
09
NY Times | Push to Avert Foreclosures Hits Court Logjam
Push to Avert Foreclosures Hits Court Logjam The hearings that form the core of New York’s approach — special settlement conferences, which are required to try to modify mortgages to make them affordable — have become comic exercises slowed by endless paperwork, requests for additional information and the mysterious loss of documents. During a day … Read more
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Feb
09
The Top Twelve Reasons Why You Should Hate the Mortgage Settlement
The Top Twelve Reasons Why You Should Hate the Mortgage Settlement As readers may know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are still being hammered out, various news outlets (New York Times, Financial Times, Wall Street Journal) have … Read more
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Feb
09
Fraudclosure Settlement | I’m as Mad as Hell and I’m Not Going to Take it Anymore!
I’m as mad as hell and I’m not going to take it anymore! Are you? ~ 4closureFraud.org TweetRelated posts: I’m as Mad as Hell and I’m Not Going to Take it Anymore! I’m mad as Hell and I’m not going to take this anymore Victimless Crime | Banks, Obama Administration Pressure AGs on Fraudclosure Settlement
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Feb
08
David Dayen | Schneiderman’s Last-Minute Cancellation Spells Trouble for Foreclosure Fraud Settlement
Schneiderman’s Last-Minute Cancellation Spells Trouble for Foreclosure Fraud Settlement As I mentioned in last night’s roundup, New York Attorney General Eric Schneiderman abruptly cancelled a conference call yesterday 10 minutes before it was to begin. The subject was supposed to be the foreclosure fraud settlement, and there was idle speculation that Schneiderman would announce that … Read more
Related posts:
- David Dayen | The Schneiderman Gambit: Financial Fraud Unit Appears Designed to Fail, and Grease Skids for Foreclosure Fraud Settlement
- David Dayen | How the Schneiderman Panel Could Work
- David Dayen | HUD Secretary Expects “Substantial” Payment of Foreclosure Fraud Settlement with MBS Investor Money
Feb
08
The Florida (un)Fair Foreclosure Bill Passes Florida House Economic Affairs Committee 12-4
House committee passes quickie foreclosure bill by Kim Miller A bill that would hasten Florida’s foreclosure process while reducing the time banks could pursue a homeowner for loan debt won a tepid approval from the Florida House Economic Affairs Committee this morning. The proposal, HB 213, is derided by homeowner advocates who fear it will … Read more
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Feb
08
Cummings and Tierney Demand Answers from FHFA RE Principal Reduction
Cummings and Tierney Demand Answers from FHFA Agency’s Own Data Show Principal Reduction Would Save Taxpayers Billions of Dollars Former Fannie Mae Employee Calls into Question DeMarco’s Response to Congress Washington, DC (Feb. 8, 2012) – Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Committee Member … Read more
Related posts:
- Cummings, Tierney Urge Issa to Subpoena Documents from FHFA on Principal Reduction
- Elijah Cummings | Oversight Committee Democrats Urge FHFA Director to Produce Documents on Principal Reduction
- William C. Dudley, President of the Federal Reserve Bank of New York, Makes Strong Pitch for More Aggressive Housing Policies Including Targeted Principal Reduction Program
Feb
08
RALLY IN TALLY NATIONAL FORECLOSURE AWARENESS DAY FEBRUARY 16, 2012
YOUR PARTICIPATION MAKES A DIFFERENCE NOW IS THE TIME! RALLY IN TALLY NATIONAL FORECLOSURE AWARENESS DAY FEBRUARY 16, 2012 It’s time for the 3rd annual RALLY IN TALLY. HOLD ONTO YOUR HATS! This year will be a blow-out event as we make our voices heard nationally. Mortgage Justice, ForeclosureHamlet and 4closurefraud are joining with Awake … Read more
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Feb
08
Happy Hour Friday Feb 10th Lake Worth, FL For Combatants of Illegal Fraudclosures w/ Special Musical Guest Tim Miller
by TimMillerDotCom on May 14, 2010 A little while back I listened to an interview on the radio involving predatory lending practices. On one side, they had a family on the verge of being homeless because of these predatory practices. On the other side, they interviewed a twenty something year old lender. Essentially, this family … Read more
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Feb
08
Faulty Loans Top $72 Billion as Banks Seek Deal With Regulators: Mortgages
Faulty Loans Top $72 Billion as Banks Seek Deal With Regulators: Mortgages Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices. Wells Fargo & Co., Bank of America Corp., Citigroup Inc. (C), JPMorgan Chase & … Read more
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Feb
08
78 Year Old Civil Rights-Era Activist May Be Foreclosed On by JPMorgan Chase During Campaign To ‘Fulfill’ MLK’s ‘Vision’
Why This Is Important SIGN THE PETITION to keep Ms. Bailey in her home: http://www.change.org/petitions/chase-bank-dont-foreclose-on-helen-bailey WHILE Chase misappropriates the memory and image of Martin Luther King this Black History Month, the bank is still going forward with its plans to foreclose on Helen Bailey on Feb. 15. Helen Bailey is a 78-year-old grandmother who participated … Read more
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Feb
08
Dylan Ratigan | William Black on Crimes Rising Against the Economy
Bill Black, a former banking regulator, talks about the dramatic rise in white collar crime over the last year. ~ 4closureFraud.org TweetNo related posts.
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Feb
08
Occupy Foreclosure Advocates Meet with Wells Fargo Execs; Demand End To Foreclosures (VIDEO)
Members of Occupy LA’s foreclosure team met with several top executives from Wells Fargo to discuss the current foreclosure crisis, a meeting coinciding with the Attorneys General settlement announcement. ~ 4closureFraud.org TweetNo related posts.
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Feb
08
NY Times Video | Gretchen Morgenson on Lender Processing Services’ DOCX Criminal Indictements
A major foreclosure services company is indicted for “robo-signing,” even as a multibillion-dollar deal to provide relief to struggling homeowners offers limited legal protection for financial firms. ~ 4closureFraud.org TweetRelated posts: KABABABOOOOM! | Lender Processing Services’ DOCX, Lorraine O. Brown, Indicted on Criminal Forgery Charges Fraud Digest | DocX, LLC., a Subsidiary of Lender Processing … Read more
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- KABABABOOOOM! | Lender Processing Services’ DOCX, Lorraine O. Brown, Indicted on Criminal Forgery Charges
- Fraud Digest | DocX, LLC., a Subsidiary of Lender Processing Services (“LPS”) & Lorraine O. Brown Indicted on Criminal Forgery Charges
- Opinion Journal: Making a Mortgage Disaster with Gretchen Morgenson and Joshua Rosner VIDEO
Feb
08
George Mantor | The Awful Truth About American Justice and The AG Settlement
The Awful Truth About American Justice and The AG Settlement This is not your Grandfather’s America. Setting aside all of the technological “gee whiz” advancement of the last 100 years, there has been a sea change gone unnoticed. A very black cloud has settled in overhead as one by one the very things that made … Read more
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Feb
07
INDICTED | STATE OF MISSOURI v. LORRAINE O. BROWN Former President of Lender Processing Services’ DOCX
Below is a copy of Ms. Brown’s indictment… Enjoy! ~ 4closureFraud.org ~ STATE OF MISSOURI v. LORRAINE O. BROWN TweetNo related posts.
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Feb
07
New York AG Schneiderman Cancels Foreclosure Fraud Settlement Statement
New York AG cancels bank settlement statement WASHINGTON – New York Attorney General Eric Schneiderman late Tuesday postponed a much anticipated conference call with reporters that was set up to announce whether the state would participate in broad a settlement with five big banks over foreclosure practices. Schneiderman, who is co-chair of a new mortgage … Read more
Related posts:
- CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET
- David Dayen | The Schneiderman Gambit: Financial Fraud Unit Appears Designed to Fail, and Grease Skids for Foreclosure Fraud Settlement
- New York AG Schneiderman Comes out Swinging at BofA, BoNY
Feb
07
Mandelman | OneWest Bank DOES IT for Lisa in Massachusetts! (DOERS ROCK!)
OneWest Bank DOES IT for Lisa in Massachusetts! (DOERS ROCK!) It all started early last Saturday morning when I got a call about a homeowner in Massachusetts scheduled to lose her home to foreclosure sale in just two days… Now, I don’t mind telling you that I had just posted a DOERS ALERT the day … Read more
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Feb
07
CNBC Tweet | New York AG Schneiderman Expected To Join Multi-State Mortgage Settlement-New York AG Schneiderman To Hold Media Call At 6pm ET
~ 4closureFraud.org TweetRelated posts: #AGOs TWEET | AG Coakley to hold press conference at 1pm regarding a major lawsuit against 5 national banks Yet More Mortgage Settlement Lies: Release Looks Broad, Not Narrow; Other States Screwed to Bribe California to Join THE PEOPLE OF THE STATE OF NEW YORK, by ERIC SCHNEIDERMAN vs JPMORGAN CHASE, … Read more
Related posts:
- #AGOs TWEET | AG Coakley to hold press conference at 1pm regarding a major lawsuit against 5 national banks
- Yet More Mortgage Settlement Lies: Release Looks Broad, Not Narrow; Other States Screwed to Bribe California to Join
- THE PEOPLE OF THE STATE OF NEW YORK, by ERIC SCHNEIDERMAN vs JPMORGAN CHASE, CHASE HOME FINANCE, EMC MORTGAGE, BANK OF AMERICA, BAC HOME LOANS, WELLS FARGO, MERS and MORTGAGE ELECTRONIC REGISTRATION SYSTEMS
