Reuters Exclusive | Iranian Hackers Target Bank of America, JPMorgan, Citi
Iranian Hackers Target Bank of America, JPMorgan, Citi (Reuters) – Iranian hackers have repeatedly attacked Bank of America Corp (BA.N), JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) over the past year, as part of a broad cyber campaign targeting the United States, according to people familiar with the situation. The attacks, which began … Read more
POLICE STATE – Mother Arrested For Letting Her Children Play Outside (VIDEO)
A mother gets arrested and charged for letting her kids be kids. ~ 4closureFraud.org Tweet
Housing Policy | Romney-Ryan Administration Says They Will Make it Easier for Homeowners to Get Alternatives to Foreclosure
SECURING THE AMERICAN DREAM AND THE FUTURE OF HOUSING POLICY Securing The American Dream And The Future Of Housing Policy EXECUTIVE SUMMARY The Romney-Ryan Plan To End The Housing Crisis The Romney-Ryan plan will reduce the outsized role of the government and revitalize the private sector’s role in the housing market to end the housing … Read more
REO-to-Rental | Investors Raise $8 Billion to Purchase Between 40,000 and 80,000 Previously Foreclosed Homes
“The fury in the market is the same as before. There is no need for this. It is almost like the government is forcing us back into this situation again.” ~ Investors raise $8 billion for REO Larger Wall Street investors rushing into the REO market have raised between $6 billion and $8 billion for … Read more
Blackstone to Buy $1 Billion Worth (15,000 Homes) of Tampa Bay’s Foreclosures for Rentals
“It’s a land grab unlike anything we’ve ever seen, you’re going to drive through parts of town and all of it is going to be institutionally owned.” ~ Blackstone to buy $1 billion worth of Tampa Bay homes for rentals A Wall Street behemoth plans to spend $1 billion on Tampa Bay’s hobbled housing market, … Read more
Sewer Service | New York Federal Court Certifies Class Alleging Fraudulent Collection Practices Based on Documentation Deficiencies
New York Federal Court Certifies Class Alleging Fraudulent Collection Practices Based on Documentation Deficiencies A recent decision by a New York federal court provides yet another example of the documentation-related challenges that creditors and debt buyers are increasingly facing in collection actions involving non-mortgage consumer debts. In its opinion in Monique Sykes v. Mel Harris … Read more
Foreclosure Lawyers Land in Hot Water | Criminal and Civil Mortgage-Fraud Cases Have Exploded Since Housing Crisis
Lawyers Land in Hot Water Criminal and Civil Mortgage-Fraud Cases Have Exploded Since Housing Crisis Attorneys Bradford Rieger and Chance Gordon had court cases this summer—as defendants accused of participating in mortgage-related scams. Mr. Rieger, who faced criminal charges, and Mr. Gordon, who faces civil allegations, are part of what law-enforcement officials and members of … Read more
Yes, Really, Truly, No Joke, That Schneiderman Mortgage Task Force is Gonna Get Someone… Soon!
Yes, Really, Truly, No Joke, That Schneiderman Mortgage Task Force is Gonna Get Someone… Soon! I’m sure the banksters are quaking in their boots. Eric Schneiderman, the New York state attorney general whose joining a heretofore moribund mortgage fraud task force and withdrawing from opposition to the horrid mortgage settlement allowed the Administration to push … Read more
Have the Last 5 Years Been Worse than the Great Depression?
What Do Economic Indicators Say? We’ve repeatedly pointed out that there are many indicators which show that the last 5 years have been worse than the Great Depression of the 1930s, including: The housing slump The bank charge off rate The collapse in world trade The withdrawal of short-term credit The level of inequality between … Read more
