[INFOGRAPHIC]: How Americans Became a Nation of Renters

How American became a nation of renters [INFOGRAPHIC] This infographic came from PM Guardian.com ~ 4closureFraud.org Tweet

Emails Reveal Lobbyist, Howard Glaser, Had Undisclosed Role In Cuomo Financial Crisis Investigation

Emails Reveal Lobbyist Had Undisclosed Role In Cuomo Financial Crisis Investigation by Justin Elliott ProPublica The Albany Times Union co-published a version of this story. Previously undisclosed emails by a mortgage industry lobbyist doubling as a consultant for then Attorney General Andrew Cuomo show the lobbyist played a self-described “critical role” in one of Cuomo’s … Read more

Santander Consumer Reaches $9.35 Million Settlement Over Military Repossessions

Santander Consumer Reaches $9.35 Million Settlement Over Military Repossessions Santander Consumer USA reached a $9.35 million settlement with the Justice Department on Wednesday over accusations that the company, an auto lender, illegally seized cars from members of the military. The deal, which still requires the approval of a federal judge, involves the largest sum ever … Read more

Black Knight: 1st Time, Repeat Foreclosure Starts at 12-Month High

Black Knight: 1st Time, Repeat Foreclosure Starts at 12-Month High The latest mortgage monitor from Black Knight Financial Services shows that both first-time and repeat foreclosure starts reached 12-month highs, although there was clear separation in the levels of increase between the two. Separation also continues to be seen between judicial and non-judicial foreclosure states … Read more

Weak Justice for Wall Street: How a Twisted Double Standard Saved Citigroup Millions

Weak Justice for Wall Street: How a Twisted Double Standard Saved Citigroup Millions By David Dayen, The Fiscal Times If I missed a scheduled payment to a bank, I would probably get hit with a late fee. Credit bureaus would receive a delinquency report. If I continued to miss the payment, debt collectors would harass … Read more