AFR Letter to Congress RE H.R.1315 That Would Handcuff Consumer Financial Protection Bureau and Give Discredited Banking Regulators Vast Power to Block Needed Protections
RE: H.R.1315 WOULD HANDCUFF CONSUMER FINANCIAL PROTECTION BUREAU AND GIVE DISCREDITED BANKING REGULATORS VAST POWER TO BLOCK NEEDED PROTECTIONS Dear Representative: The diverse array of national and state-based consumer, business, civil rights, labor and community organizations listed below strongly urge you to oppose legislation that would dramatically undermine the Consumer Financial Protection Bureau (CFPB) just … Read more
Video | 87 Year Old Margery Gunther’s Foreclosure in National Spotlight
Local foreclosure in national spotlight COLLIER COUNTY, FL – An 87 year old woman is on the brink of foreclosure after her mortgage family made several serious errors. The woman’s case is in the national spotlight. Margery Gunther, 87, has lived in her Immokalee home for almost 50 years. “We put a lot of heart … Read more
Report | Government Accountability Office (GAO) Audit of the Federal Reserve’s Emergency Actions
The Fed Audit WASHINGTON, July 21 –The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to … Read more
US Senator Maria Cantwell Calls on Federal Agencies to Release Records on Banks’ Foreclosure Practices
Cantwell Calls on Federal Agencies to Release Records on Banks’ Foreclosure Practices With nearly 30,000 Washington state properties in foreclosure, Cantwell calls on federal agencies to improve transparency in effort to root out ‘robo-signing’ Wednesday, July 20,2011 WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA) joined Senator Robert Menendez (D-NJ) and eight … Read more
Register of Deeds Curtis Hertel Refers Orlans Attorney Marshall Isaacs for Criminal Investigation
Hertel refers Orlans attorney for criminal investigation Ingham County Register of Deeds Curtis Hertel Jr. has referred a top attorney from Orlans Associates, one of Michigan’s largest mortgage foreclosure law firms, to law enforcement for a criminal investigation of allegations of robo-signing. Hertel tells Michigan Messenger that he referred Marshall Isaacs and examples of his … Read more
The Market Ticker | States Knob Banksters – Again
States Knob Banksters – Again There are times that one has to wonder out loud exactly who’s passing envelopes full of $100 bills around to State Attorneys general – or whether what’s being passed is threats instead. (Reuters) – State attorneys general are negotiating to give major banks wide immunity over irregularities in handling … Read more
Fraudclosure | States Negotiating Immunity for Banks Over Foreclosure Fraud
Now, if this happens, will you stand for it? It is time to take our country back from the elitist banksters… ~ States negotiating immunity for banks over foreclosures (Reuters) – State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures, even as evidence has emerged that banks are … Read more
Springfield City Hall to Support the Passage of a Foreclosure Ordinance That Will Raise the fee on Banks from $100 to $10,000 for Every Foreclosure
Springfield City Hall to Support the Passage of a Foreclosure Ordinance That Will Raise the fee on Banks from $100 to $10,000 for Every Foreclosure Members of SEIU and No One Leaves packed the Springfield City Hall to support the passage of a foreclosure ordinance that will raise the fee on banks from $100 to $10,000 for … Read more
Will Innovative New Financial Regulator Be Hobbled Before It Even Starts?
Will Innovative New Financial Regulator Be Hobbled Before It Even Starts? by Lois Beckett ProPublica Want to know what people find most confusing about mortgage disclosure documents? Then check out these heat maps created by a new government regulatory agency. The heat maps show two model mortgage forms that the agency posted on its website … Read more
AG (NOT Pam Bondi) Gets Help from County Recorders (NOT Sharon Bock) in Robo-signing Investigation
“We want to be protective of the homeowners, people who have perchance been foreclosed on that perhaps the ownership (of the mortgage) was not clearly identified, or someone who has bought a foreclosed home,” said Rock Island County Recorder Pat Veronda. Unfortunately, Sharon Bock, the county recorder in Palm Beach county, says it’s not her … Read more
