H.A.M.P. Redo | Expanding efforts to help more homeowners and strengthen hard-hit communities
Expanding efforts to help more homeowners and strengthen hard-hit communities Today, the Administration announced important enhancements to the Making Home Affordable Program, including the Home Affordable Modification Program (HAMP), to expand the reach of the program to help additional homeowners stay in their homes and strengthen hard-hit communities. These enhancements will provide additional relief to … Read more
Action Alert | Guardian Newspaper Journalist Flying in to South Florida Tomorrow (Sat) Looking for Foreclosure Victims to Meet With
This just in… Hi Michael, I’m a journalist with the Guardian newspaper and website, based in New York (We get 20 million unique US users a month). I am writing a piece about foreclosure in Florida and I need to find case studies to talk to over the next day or so. I am flying … Read more
Occupy Palm Beach Foreclosure Fraud Teach-In Sunday Jan 29 1-3pm
Sunday, Jan. 29, 1-3 p.m. Teach-In on Foreclosure Fraud Thousands of homeowners throughout Palm Beach County, and many more throughout the country, are being foreclosed on, even evicted, often through the greed and fraud of the big banks, law firms and mortgage companies that crashed our nation’s economy in 2008. But the 99% are fighting … Read more
California Spurns $15bn in Mortgage Aid from Robo-signing Settlement
California spurns $15bn in mortgage aid By Shahien Nasiripour in Washington California, home to the largest US property market, spurned an offer of roughly $15bn in lower monthly mortgage payments and reduced loan balances for its residents in talks to settle allegations of mortgage-related misdeeds by leading US banks. Bank of America had guaranteed California … Read more
Schneiderman’s Fraud Task Force Subpoenas 11 Banks
Attorney General Holder Speaks at the Announcement of the Financial Fraud Enforcement Task Force’s New Residential Mortgage-Backed Securities Working Group WASHINGTON, D.C. ~ Friday, January 27, 2012 Good morning. Today, I’m pleased to join with so many key partners – including Director of Enforcement for the U.S. Securities and Exchange Commission, Robert Khuzami; Secretary for … Read more
U.S. Attorney General Holder, State and Federal Officials Announce Collaboration to Investigate Residential Mortgage-backed Securities Market
Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, January 27, 2012 U.S. Attorney General Holder, State and Federal Officials Announce Collaboration to Investigate Residential Mortgage-backed Securities Market WASHINGTON – Attorney General Eric Holder along with Housing and Urban Development (HUD) Secretary Shaun Donovan, Securities and Exchange Commission (SEC) Director of Enforcement Robert … Read more
CREDO | Update on our campaign to send Wall Street bankers to jail
Update on our campaign to send Wall Street bankers to jail. After months of activism from people like you, President Obama announced in his State of the Union speech the creation of a new task force to investigate and hold banks accountable for causing the foreclosure crisis and financial meltdown. The task force will have … Read more
Forced Placed Insurance | Elderly Couple Facing Foreclosure Claims JPMorgan Took Payments for Principal and Interest and Applied it Toward Insurance
Baird couple facing foreclosure claims house payments wrongly uncredited to mortage loan It’s been enough to make Virginia Tollett sick with worry. “If we hadn’t went and got an attorney, they would have auctioned our house on the courthouse lawn,” said Tollett, 72, her voice rising. “They would have sold our house.” Tollett and her … Read more
David Dayen | How the Schneiderman Panel Could Work
How the Schneiderman Panel Could Work Here’s what my sources say about that aspect of things. The panel was attached to the existing financial fraud task force because it didn’t require a new executive order. It gives the New York AG new resources that he can take to his state to pursue claims under the … Read more
Think Progress | Mitt Romney Profited From Mortgage Lenders Foreclosing On Thousands Of Floridians
Romney Profited From Mortgage Lenders Foreclosing On Thousands Of Floridians A ThinkProgress examination of Mitt Romney’s presidential personal financial disclosures from May 2011 reveal that the former Massachusetts governor and his wife own or owned millions of dollars worth of a Goldman Sachs investment fund invested heavily in mortgage-backed obligations. And the current owners of … Read more
Who Woulda Thunk | Former Teamsters Lawyer, Kevin Clor, Who Now Works for Steven J. Baum, Accused of Forging Documents and Stealing $200k
I could just imagine the resume he submitted to the Baum firm to get the job… Expert in forgery. Check! Able to falsifying business records. Check! Make up names of employees that don’t exist. Check! You just can’t make some of this stuff up! ~ Former Teamsters lawyer accused of stealing $200k NEW YORK, Jan … Read more
Matt Stoller | “Mortgage Fraud is a Top Priority for This Administration”
“Mortgage Fraud is a Top Priority for This Administration” By Matt Stoller, the former Senior Policy Advisor to Rep. Alan Grayson and a fellow at the Roosevelt Institute. You can reach him at stoller (at) gmail.com or follow him on Twitter at @matthewstoller. Since the President is now establishing yet another committee to look into … Read more
Bondi Calls Harris a Liar | Attorney General Champs, Chumps, and Eric Schneiderman
“Since AG Bondi has called AG Harris a liar over what the proposed settlement release of bailed out bank liability is, AG Bondi should release the text that’s on the table. Then we all can see who’s right.” ~ Attorney General Champs, Chumps, and Eric Schneiderman by Abigail Field A lot of news has broken … Read more
