Deutsche Bank Offers U.S. Plans for Renting Fraudclosed Homes
Deutsche Bank Offers U.S. Plans for Renting Foreclosed Homes Fortress Investment Group LLC (FIG) and Deutsche Bank AG (DB), whose executives played roles in the housing bubble, are among the hundreds of firms that responded to a U.S. government request for proposals to rent out foreclosed fraudclosed homes. The Federal Housing Finance Agency asked for … Read more
Matt Weidner | AMERIKA – Land of Millions of Political Prisoners
AMERIKA- Land of Millions of Political Prisoners Author: Matthew D. Weidner, Esq. Thomas Jefferson famously said, “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” What he didn’t tell us was that when it’s too late and the tree of liberty is long died, the flickering … Read more
Independent Foreclosure Review Fail | NY Times – Foreclosure Relief? Don’t Hold Your Breath
Foreclosure Relief? Don’t Hold Your Breath BUT Michael Olenick, a specialist in mortgage research, said he spotted a conflicted consultant after one hour of digging. Allonhill, a smallish firm appointed by Aurora Bank, a mortgage servicer, is headed by Sue Allon, whose previous small firm acted as credit risk manager in a 2003 mortgage pool … Read more
I-Team: Nevada Supreme Court Case Could Impact Homeowners
I-Team: Nevada Supreme Court Case Could Impact Homeowners LAS VEGAS — A case before the Nevada State Supreme Court next week could have far-reaching impact on Nevadans struggling to stay in their homes. Among the issues before the justices is what proof lenders must provide to show they own the property they seek to foreclose. … Read more
Michael Olenick: The Coming of the Light
Michael Olenick: The Coming of the Light We closed down crooked foreclosure processing companies, exposed crooked bankers, and now even identified a crooked (or at least grossly incompetent) senior US government official or two. We’ve watched them twist the law, the financial markets, and their own humanity into some unrecognizable nightmare form, and now and … Read more
BAM! | U.S. Army Sergeant David Brash has won more than $21 million in damages from PHH Mortgage after it falsely claimed he defaulted on his loan
David beats Goliath: Homeowner wins $21MILLION payout from mortgage firm in dispute over credit rating It’s a rare case of the little guy taking on a big corporation – and winning. U.S. Army sergeant David Brash has won more than $21million in damages from PHH Mortgage after it falsely claimed he defaulted on his loan. … Read more
William Black | What if the SEC investigated Banks the way it is investigating Mutual Funds?
What if the SEC investigated Banks the way it is investigating Mutual Funds? By William K. Black The Wall Street Journal ran a story today (12/27/11) entitled “SEC Ups Its Game to Identify Rogue Firms.” “Rogue” is an interesting word with a range of definitions. When it is used as an adjective its meaning is: … Read more
The Big Lie | Wall Street has destroyed the wonder that was America
“There will be prosecutions and show trials. There will be violence, mark my words. Houses burnt, property defaced. I just hope that this time the mob targets the right people in Wall Street and in Washington.” ~ The Big Lie | Wall Street has destroyed the wonder that was America As 2011 slithers to its … Read more
Still Waiting for Cleanup in Foreclosure Mess
Still Waiting for Cleanup in Foreclosure Mess by Marian Wang ProPublica This is part of our year-end series, looking at where things stand in each of our major investigations. If last year [1] was the year in which faulty foreclosures and bank errors became a full-blown scandal, this has been the year of waiting for … Read more
99% Choir Forecloses on Bank of America (VIDEO)
The 99% Choir forecloses on Bank of America’s Seattle Headquarters whilst caroling about naughty bankers and their outrageous holiday bonuses. ~ 4closureFraud.org Tweet
