Securitization Lobby in Disarray After Most Directors Quit The main trade association for the securitization industry is in turmoil after most of the board resigned …
The Fannie Mac Daddy: Fannie Freddie To Merge Select Operations In what we are sure will be a BLS job creating moment, Fannie Mae and …
Why the Independent Foreclosure Reviews Were Doomed to Fail Apparently part of the bank flaks’ talking points regarding the foreclosure reviews is that to the …
Fallout from ‘Untouchables’ Documentary: Another Wall Street Whistleblower Gets Reamed A great many people around the county were rightfully shocked and horrified by the recent …
Toll-free numbers regarding Lender Processing Services settlement MEDIA RELEASE The Department of Commerce and Consumer Affairs’ Office of Consumer Protection has announced consumers affected by …
The Reward For Bank Crime? The Foreclosure Rocket Docket, 1 Minute Per File! JUSTICE IS SERVED! So how do you reward a master criminal enterprise …
‘Pervasive’ Fraud by Our ‘Most Reputable’ Banks A recent study confirmed that control fraud was endemic among our most elite financial institutions: Asset Quality Misrepresentation …
Dave Dayen: Servicers Committed Loan Error Rates of Either 4.2% or 97.2%, Take Your Pick By David Dayen, a lapsed blogger, now a freelance writer …
Banks Find More Wrongful Foreclosures Among Military Members The nation’s biggest banks wrongfully foreclosed on more than 700 military members during the housing crisis and …
Promises, Promises at the New York Fed TWO weeks ago, I wrote a column about a secret agreement struck in July 2012 by the Federal …
Jack Lew Confirmed As Treasury Secretary Despite a slew of damaging revelations Jack Lew has been confirmed by the Senate. With a 71-26 vote Lew …
When the government backs mortgages Federal backing inoculates us against the perils of boom and bust. How should we reform our broken housing finance system? …
Top Economists and Financial Experts Say We Must Break Up the Giant Banks The following top economists and financial experts believe that the economy cannot …
Amendments to Consent Orders Memorialize $9.3 Billion Foreclosure Agreement WASHINGTON — The Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board …
Potentially Alarming Research: Anonymous Intelligence Agency Par:AnoIA has released a total of 14 Gigabyte data, code and software that is related to Bank of America, …
“What if the drug cartels, as part of their plea deals with government attorneys, agreed to pay $5 million in fines. And what if government …
