Mortgage Electronic Registration Systems (MERS) Wants Delaware Attorney General Biden’s “Absurd and Baseless” Lawsuit Dismissed
“The lawsuit also claims MERS’ conduct led to unlawful foreclosure practices, but MERS says the suit doesn’t cite a single instance in which a Delaware consumer not in default on a mortgage lost a home in foreclosure because of its actions.” ~ Mortgage registration company wants suit dismissed WILMINGTON, Del. (AP) – A company that … Read more
DealBook | Dim Prospects for Financial Crisis Prosecutions
Dim Prospects for Financial Crisis Prosecutions As has been noted many times, the lack of criminal prosecutions arising out of the financial crisis has been painfully obvious. And two items in the news last week underscores that the prospect for a signature case is growing even more distant. First, Reuters reported on Thursday that Securities … Read more
Wells Fargo to Pay Out $7.5 Million to End the Memphis-Shelby County Lending Discrimination Lawsuit
Wells Fargo to provide $7.5 million to end Memphis, Shelby County lawsuit Pledges another $400 million in loans Mortgage giant Wells Fargo will pay $7.5 million to end a lending discrimination lawsuit filed by Memphis and Shelby County, more than half the money going to down payment and home renovation assistance. Individuals who want to … Read more
A Monetary Policy for the 99%: Twelve-Year-Old Reformer Goes Viral (VIDEO)
The YouTube video of 12-year-old Victoria Grant speaking at the Public Banking in America conference last month has gone viral, topping a million views on various web sites. ~ A Monetary Policy for the 99%: Twelve-Year-Old Reformer Goes Viral After watching the video you can read more about the story below… Monetary reform – the … Read more
Two Bank of America Fraud Whistleblowers Settle Claims, Including Former LandSafe/Countrywide Employee Who Earned $14 Million Reward – BAC
Hagens Berman: Two Bank of America Fraud Whistleblowers Settle Claims, Including Former LandSafe/Countrywide Employee Who Earned $14 Million Reward — BAC SEATTLE, May 29, 2012 (GlobeNewswire via COMTEX) — Attorneys representing former home appraisal manager Kyle W. Lagow, who blew the whistle on widespread fraud at Countrywide Financial, today announced the final settlement of Mr. … Read more
George Mantor | A Tale of Two Countries – The Iceland/Ireland Conundrum
Image source: Cross Flagged Pins A Tale of Two Countries—The Iceland/Ireland Conundrum If you saw the recent headlines only every other day, you might come away with the impression that the US economy is improving, unemployment is abating, and real estate values are rising. It’s a big fat lie. The good news is only good … Read more
Off Topic, But… A New Lease on Life – Local (FL) Fifth-Grader Who Sustained Critical Brain Injuries (that killed one child) in School Bus Crash is Back (VIDEO)
Put this up to keep things in perspective. Remember, it’s only a house they are taking away from you. Stay strong and fight back. Never give up… ~ 4closureFraud.org Tweet
