June 28, 2017

FDIC Sues Major Banks for $2.1 Billion that Pushed and Sold Residential Mortgage Backed Securities with False Statements About Quality

FDIC Sues Major Banks for $2.1 Billion AUSTIN (CN) – The FDIC, as receiver for Guaranty Bank, … [Read more...]

Lawyers Across US Urged to Give More Free Services

“There’s a crisis in this country,” said John Levi, board chairman of Washington, … [Read more...]

New York Times Publishes Apology for Obama’s Failed Housing Policies

New York Times Publishes Apology for Obama’s Failed Housing Policies On the one hand, the dismal … [Read more...]

Naked Capitalism | Get Everyone You Know in Palm Beach County to Vote for Lisa Epstein for Clerk of the Court Next Tuesday

Get Everyone You Know in Palm Beach County to Vote for Lisa Epstein for Clerk of the Court Next … [Read more...]

Foreclosure Filings Increase in 60% of Large U.S. Cities

  Foreclosure Filings Increase in 60% of Large U.S. Cities Foreclosure filings rose in almost … [Read more...]

WSJ | Tax Liens Trigger More Foreclosures

Tax Liens Trigger More Foreclosures When Elsa Dabreo inherited a house from her late father, she … [Read more...]

Michael Olenick | How Servicers Lie to Mortgage Investors About Losses

Michael Olenick: How Servicers Lie to Mortgage Investors About Losses By Michael Olenick, creator of … [Read more...]

Naked Capitalism | U.S. Bank v. Congress – Appeals Court Reverses Decision on Chain of Title Case, Ruling Hinges on Question of Bogus Allonges

Alabama Appeals Court Reverses Decision on Chain of Title Case, Ruling Hinges on Question of Bogus … [Read more...]

Naked Capitalism | U.S. Bank v. Congress – Appeals Court Reverses Decision on Chain of Title Case, Ruling Hinges on Question of Bogus Allonges

Alabama Appeals Court Reverses Decision on Chain of Title Case, Ruling Hinges on Question of Bogus … [Read more...]

Schneiderman Propagandist Confirms Report of Lack of Staffing for Mortgage Fraud Task Force

Naked Capitalism | Schneiderman Propagandist Confirms Report of Lack of Staffing for Mortgage … [Read more...]

Interview w/Naked Capitalism’s Yves Smith on Mortgage Settlement and Bank Hostage Crisis (VIDEO)

Last month’s proposed $25 billion mortgage settlement involving 49 states along with Bank of … [Read more...]

Naked Capitalism | The Legal Lie at the Heart of the $8.5 Billion Bank of America and Federal/State Mortgage Settlements

The Legal Lie at the Heart of the $8.5 Billion Bank of America and Federal/State Mortgage … [Read more...]

Naked Capitalism | OCC Servicer Review Firm Also “Scrubs” Loan Files, Fabricates Documents

OCC Servicer Review Firm Also “Scrubs” Loan Files, Fabricates Documents Reader Lisa N. pointed me to … [Read more...]

100 INTRODUCTORY FACTS ABOUT MORTGAGE SECURITIZATION

100 INTRODUCTORY FACTS ABOUT MORTGAGE SECURITIZATION By LYNN E. SZYMONIAK, ESQ., ED., Fraud Digest … [Read more...]

Report | Alert To Problems Of Grossly Inaccurate Documents Used In The Land Title Underwriting For Commercial Real Estate Financing

Alert To Problems Of Grossly Inaccurate Documents Used In The Land Title Underwriting For Commercial … [Read more...]

Why Inequality Matters: 3 Ways the Mortgage Crisis Has Undermined Our Legal System

Why Inequality Matters: 3 Ways the Mortgage Crisis Has Undermined Our Legal System Banks are … [Read more...]

Naked Capitalism | Administration and State Attorneys General Lied, Mortgage Settlement Release Described as “Broad”

TweetNo related posts. No related posts. … [Read more...]

Democracy Now | 50-State, $25B Mortgage Settlement: Relief for Struggling Homeowners or Bailout for Banks? (VIDEO)

democracynow.org – The U.S. Justice Department has unveiled a record mortgage settlement with … [Read more...]

Democracy Now | 50-State, $25B Mortgage Settlement: Relief for Struggling Homeowners or Bailout for Banks? (VIDEO)

democracynow.org – The U.S. Justice Department has unveiled a record mortgage settlement with … [Read more...]

Naked Capitalism | More on the Role of Second Liens and the Mortgage Settlement as Stealth Bank Bailout

More on the Role of Second Liens and the Mortgage Settlement as Stealth Bank Bailout Readers who … [Read more...]

Suits Challenge Way Foreclosures are Performed in Missouri

Suits challenge way foreclosures are performed in Missouri John Kevin Kennedy was an engineer at … [Read more...]

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)

Yes, Virginia, Servicers Lie to Investors Too: $175 Billion in Loan Losses Not Allocated to Mortgage … [Read more...]

Naked Capitalism | Is Schneiderman Selling Out? Joins Federal Committee That Looks Designed to Undermine AGs Against Mortgage Settlement Deal

Is Schneiderman Selling Out? Joins Federal Committee That Looks Designed to Undermine AGs Against … [Read more...]

Naked Capitalism | Is Schneiderman Selling Out? Joins Federal Committee That Looks Designed to Undermine AGs Against Mortgage Settlement Deal

Is Schneiderman Selling Out? Joins Federal Committee That Looks Designed to Undermine AGs Against … [Read more...]

President Obama’s 2012 State Of The Union Address: Enhanced Version (VIDEO)

President Obama delivers the 2012 State of the Union Address to Congress and the nation. ~ … [Read more...]

Naked Capitalism | Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement”

Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement” The story did … [Read more...]

A Must View – The Young Turks | Feds Won’t Prosecute Banks Despite Evidence Of Crimes (VIDEO)

A devastating report by Reuters shows that the federal government is focusing on small scale … [Read more...]

Black Friday shows OWS as overhyped and impotent

Sheer, naked consumerism wins again Ed Morrissey may be off pursuing his new career as a pirate on … [Read more...]

A Must Read | The Collapse of Our Corrupt, Predatory, Pathological Financial System is Necessary and Positive

“This is how we get hundreds of trillions of dollars in “notational” derivatives: … [Read more...]

Banker Hanging From a Phone Line Along I-95 (PICS)

Yes, That’s a Banker Hanging From a Phone Line Along I-95 But no, it is not real. For the past … [Read more...]

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