CA AG Harris Announces Mortgage Fraudclosure Investigation Alliance with NV AG Masto (VIDEO)

Attorney General Harris, joined by Nevada Attorney General Catherine Cortez Masto, today announced that their states have entered into a joint investigation alliance designed to assist homeowners who have been harmed by misconduct and fraud in the mortgage industry. SOURCE: YouTube ~ 4closureFraud.org

Letter | Attorney General Martha Coakley urges Congress to investigate Ally Financial’s GMAC over foreclosure practices

Attorney General Martha Coakley urges Congress to investigate Ally Financial’s GMAC over foreclosure practices Massachusetts Attorney General Martha Coakley today urged US lawmakers to investigate Ally Financial Inc. and its subsidiary, GMAC Mortgage, for allegedly carrying out illegal foreclosures and submitting false documents related to property seizures. Coakley made the request in a letter sent … Read more

Attorney General Pam Bondi Joins 53 Other Attorneys General in Fight Against Robo…

Attorney General Pam Bondi Joins 53 Other Attorneys General in Fight Against… Robo-Calls to Cell Phones TALLAHASSEE, Fla.– Attorney General Pam Bondi today joined 53 other state and territorial attorneys general in asking Congress to oppose legislation targeting consumers’ telephone privacy. The “Mobile Informational Call Act of 2011” [H.R. 3035] would amend the Communications Act … Read more

KABOOM | Mail Bomb Sent to Josef Ackermann CEO of Deutsche Bank

This is no way to settle anything, so don’t do it… ~ Letter bomb sent to Deutsche Bank CEO FRANKFURT — A letter bomb sent to Deutsche Bank chief Josef Ackermann was “operational” and could have exploded, German state police said Thursday after the envelope was intercepted. “Preliminary investigations show it is an operational letter … Read more

JPMorgan CEO Jamie Dimon: Stop Bashing the Rich “Acting like everyone who’s been successful is bad and that everyone who is rich is bad – I just don’t get it”

Dimon was responding to a question at an investor conference about the hostile political environment towards banks. “Acting like everyone who’s been successful is bad and that everyone who is rich is bad — I just don’t get it,” said Dimon at the conference, which was organized by Goldman Sachs. Big banks, and CEOs like … Read more

You’re Fired | Citigroup to Lay Off 4,500 Workers

“For his efforts, Mr. Pandit accepted a $1-a-year salary — although Citigroup’s board handed him a retention package worth at least $23.2 million earlier this year.” ~ Citigroup to Lay Off 4,500 Workers Facing stalling growth prospects around the globe, Citigroup’s chief executive, Vikram S. Pandit, said on Tuesday that the bank would lay off … Read more

Dylan Ratigan | House of Pain – States Take Charge of ‘Fraudclosure’ Crackdown w/ Martha Coakley

Visit msnbc.com for breaking news, world news, and news about the economy ~ 4closureFraud.org

Treasury warns Chase of permanent HAMP witholdings

Treasury warns Chase of permanent HAMP witholdings The Treasury Department will withhold Home Affordable Modification Program payments from JPMorgan Chase and Bank of America for the third straight quarter. According to a third-quarter assessment of the mortgage servicers participating in HAMP, the Treasury found Chase was the only firm “in need of substantial improvement under … Read more