How a Cruel Foreclosure by BOA Drove a Couple to the Brink of Death

  How a Cruel Foreclosure Drove a Couple to the Brink of Death A married couple resorted to self-harm after being physically and psychologically terrorized by Bank of America over their house—until a judge fined the bank $46 million. “Franz Kafka lives… he works at Bank of America.” Judge Christopher Klein’s words kick off an … Read more

CFPB Takes Action Against Nationstar Mortgage for Flawed Mortgage Loan Reporting

CFPB Takes Action Against Nationstar Mortgage for Flawed Mortgage Loan Reporting Bureau’s $1.75 Million Civil Penalty for Persistent and Substantial Reporting Errors is the CFPB’s Largest Penalty to Date for HMDA Violations WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today ordered Nationstar Mortgage LLC to pay a $1.75 million civil penalty for violating the … Read more

Goldman Sachs Goes on Buying Binge for Delinquent Mortgages

Goldman Sachs Goes on Buying Binge for Delinquent Mortgages Goldman Sachs Group Inc. has become the largest buyer of severely delinquent home loans from mortgage giant Fannie Mae over the past year and a half, acquiring nearly two-thirds of $9.6 billion in loans the agency has auctioned, government records show. On Tuesday Goldman won the … Read more

Preet Bharara Explains Why He Let Wall Street Bank Executives Avoid Prison

Preet Bharara Explains Why He Let Wall Street Bank Executives Avoid Prison Authored by Mike Krieger via Liberty Blitzkrieg blog, Recently dismissed U.S. Attorney for the Southern District of New York, Preet Bharara, is suddenly being celebrated as an aggressive warrior in the fight against Wall Street corruption. Really? You could’ve fooled me. Perhaps I was in … Read more

New Data: More Than 1.1 Million Federal Student Loan Defaults in 2016

New Data: More Than 1.1 Million Federal Student Loan Defaults in 2016 Largest Student Loan Servicer, Navient, Lags in Affordable Repayment Plan Sign-Ups Washington, D.C. – Analysis of new data released by the U.S. Department of Education reveals millions of Americans are in default on Federal Direct Loans serviced by companies hired by the federal … Read more

Trashed Out: Woman ‘Mistakenly’ Evicted, Belongings Thrown in Dumpster

“Whoever gave approval for people to enter the apartment could face possible burglary and theft charges.” ~ Woman wrongly evicted from Jacksonville apartment, belongings thrown in trash A woman said she was wrongly kicked out of her Jacksonville apartment and management trashed all of her personal belongings. Brianna Davis said she was in class and … Read more