Posts in category bankruptcy

Unsealed Complaint | Citi Tried to Pass Off Madoff Exposure – Irving Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC v Citibank and Citigroup Global Markets Limited

4closureFraud, February 25, 2011

Citi Tried to Pass Off Madoff Exposure Citigroup Inc tried to pass on its exposure to Bernard Madoff to other banks just months before his …

Press Release | Congresswoman Waters Troubled by Reported Foreclosure Fraud Deal

4closureFraud, February 25, 2011

Congresswoman Waters Troubled by Reported Foreclosure Fraud Deal Reiterates Need for Servicing Standards, Raises Concerns about Settlement Figure & OCC Protecting Banks Over Borrowers Washington, …

You Don’t Pay, You Don’t Stay? | BofA Refuses To Complete 3-Year Old Foreclosure Process

4closureFraud, February 25, 2011

This post goes out to the “You don’t pay, you don’t stay” crowd… Would you rather have a “deadbeat” living in the home and maintaining …

Rocket Docket | Judges’ Words Shake Faith in Local Justice

4closureFraud, February 25, 2011

Editorial: Judges’ words shake faith in local justice Local judges have made some disturbing comments recently regarding foreclosure cases and people fighting in court to …

Freddie Mac’s Executive Vice President Don Bisenius Facing Possible SEC Charges

4closureFraud, February 25, 2011

Freddie Mac exec facing possible SEC charges (Reuters) – A top Freddie Mac (FMCC.OB) executive received notice the government may file charges against him for …

MBA Panel: Tread Carefully When Going After Strategic Defaulters

4closureFraud, February 25, 2011

MBA panel: Tread carefully when going after strategic defaulters While it is no easy feat to determine if a homeowner defaulting on a mortgage is …

Fannie, Freddie, FHA combined REO Inventory at Record Level

4closureFraud, February 25, 2011

Fannie, Freddie, FHA combined REO Inventory at Record Level The combined REO (Real Estate Owned) inventory for Fannie, Freddie and the FHA increased to a …

Daily Finance | Investor Lawsuits Are Raising the Heat on Bank of America for ‘Putbacks’

4closureFraud, February 25, 2011

Investor Lawsuits Are Raising the Heat on Bank of America for ‘Putbacks’ One of the straightest paths this country could take toward Bank Bailout 2, …

Sewer Service | Local Florida Couple Wins Foreclosure Reprieve

4closureFraud, February 24, 2011

Couple wins foreclosure reprieve by Kim Miller Lisa and Mitchell Glogower, who were featured in a Palm Beach Post story Monday, were fighting a March …

SEC Charges Former Treasurer Desiree E. Brown of Major Mortgage Lender Taylor, Bean & Whitaker for Role in Securities Fraud and TARP Scheme

4closureFraud, February 24, 2011

SEC Charges Former Treasurer of Major Mortgage Lender for Role in Securities Fraud and TARP Scheme FOR IMMEDIATE RELEASE 2011-49 Washington, D.C., Feb. 24, 2011 …