Press Release | Attorney General Bondi’s Office Protects Distressed Homeowners from Mortgage Relief Scam
Attorney General Bondi’s Office Protects Distressed Homeowners from Mortgage Relief Scam TALLAHASSEE, Fla.—Attorney General Pam Bondi’s office has obtained a temporary injunction and asset freeze against a company that allegedly preyed on distressed homeowners, defrauding them out of thousands of dollars in a mortgage relief scam. According to the complaint filed by the Attorney General’s … Read more
Florida Attorney General Files Suit Against Land Trusts, Calling Business Unfair and Deceptive
Florida attorney general files suit against land trusts, calling business unfair and deceptive A civil complaint was filed Tuesday against several South Florida land trust companies, related firms and their owners by the Florida Attorney General’s office claiming they are making false promises to struggling homeowners. The companies, first written about by The Palm Beach … Read more
Lance Easley | Banker by Day, NFL Replacement Ref by Night – How Bank Of America Destroyed Football
Banker by Day, NFL Replacement Ref by Night Mired in a contract stalemate with its referees, the National Football League decided to kick off the 2012 season with replacement officials. The ensuing disaster, including missed or blown calls and general mayhem on the field, has left football fans across the country wondering, “Where the hell … Read more
Foreclosure Crisis | As 4th Muni Bankruptcy Looms in Atwater, California, Mayor Asks for Prayers
California Mayor Asks for Prayers as Bankruptcy Looms Atwater, California, is going broke under the weight of public employee costs, lost revenue and a stagnant economy, pushing it toward becoming the state’s fourth city to seek bankruptcy protection. The city of 28,000, situated among Merced County’s dairies and almond groves about 100 miles (about 160 … Read more
Sheila Bair, in New Book, Bull by the Horns, Reserved Her Sharpest Words for Treasury Secretary Timothy F. Geithner
Sheila Bair, in new book, faults Obama and Bush advisers during financial crisis The Obama and Bush administrations largely ignored the needs of beleaguered homeownerswhile focusing too narrowly on the well-being of Wall Street during the worst financial crisis since the Great Depression, according to a new book by a top participant in the government’s … Read more
Amazing Mind Reader | Extremely Gifted Clairvoyant Who Can Find Out Specific Financial Information About You (VIDEO)
Amazing mind reader reveals his ‘gift’ Very clever… ~ 4closureFraud.org Tweet
FHFA OIG REPORT | Oversight of Freddie Mac’s Investment in Inverse Floaters
Oversight of Freddie Mac’s Investment in Inverse Floaters The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) manage investment, funding, and hedging portfolios valued at more than $1.4 trillion. These capital markets businesses encompass a diverse range of sophisticated financial products. Although generally profitable, certain … Read more
Freddie Mac Didn’t Set Out to Profit from Homeowners Trapped in High-Rate Mortgages
Freddie Mac Didn’t Set Out to Profit from Homeowners Trapped in High-Rate Mortgages by Cora Currier ProPublica Mortgage giant Freddie Mac did not keep homeowners trapped in high-interest loans in order to boost profits on billions of dollars’ worth of complex financial bets it had made. That’s the conclusion reached in a report released today … Read more
Bloomberg | Fed Helps Lenders’ Profit More Than Homebuyers: Mortgages
Fed Helps Lenders’ Profit More Than Homebuyers: Mortgages The Federal Reserve’s latest mortgage bond purchases so far are helping profit margins at lenders including Wells Fargo & Co. (WFC) and JPMorgan Chase & Co. (JPM) more than homebuyers and property owners looking to refinance. Since the Fed’s Sept. 13 announcement that it would buy $40 … Read more
More Retribution for Your Stolen Home | $840 – California Announces that Qualified Borrowers Who Lost Homes to Foreclosure May Be Eligible for Payment
Some foreclosed homeowners could get at least $840 restitution payment About 432,600 Californians who lost their homes to foreclosure between Jan. 1, 2008 and Dec. 31, 2011 could receive at least $840 under the national mortgage settlement forged between the nation’s five largest mortgage servicers, federal regulators and 49 state attorneys general. The settlement administrator … Read more
