Payday Loan Group Slapped With Record $1.3B Fine for 700 Percent Lending Rates In one example, lending documents indicated that a customer who borrowed $500 …
Freddie Mac Sells $1 Billion of Seriously Delinquent Loans MCLEAN, VA–(Marketwired – Oct 5, 2016) – Freddie Mac (OTCQB: FMCC) today announced it sold via …
Fannie and Freddie Investors Win Round in Suit Against U.S. The United States government improperly withheld documents from investors who were suing the government over …
Wells Fargo Beatdown over endorsements that are not “genuine” Cross posted from https://libertyroadmedia.com Here at LRM, I have written a lot about the importance of …
Ninth Circuit Holds that Fannie Mae and Freddie Mac Are Not Agents of the Government Under the False Claims Act Via jdsupra: In United States …
Chicago to Pull $25 Million From Wells Fargo After Scandal Chicago Treasurer Kurt Summers plans to divest $25 million the city has invested with Wells …
Morgan Stanley charged with running unethical sales contests: regulator Reuters: Massachusetts’ top securities regular on Monday charged Morgan Stanley (MS.N) with “dishonest and unethical conduct” …
Former Wells Fargo Banker: Sales Tactics ‘Turned Me Into a Monster’ The big-picture nature of Wells Fargo & Co.’s unauthorized-accounts scandal is pretty well known …
Fake Accounts Scandal Threatens City Government’s Relationship with Wells Fargo The City of Philadelphia is reviewing its longstanding relationship with Wells Fargo & Co. after …
Sarah Jaffe, Author of NECESSARY TROUBLE: AMERICANS IN REVOLT, Recommends David Dayen’s CHAIN OF TITLE In the depths of the Great Recession, a cancer nurse, …
