Looming cyber attack threatens major banks Some of the nation’s biggest banks are at risk of a massive cyber attack next year that could potentially …
OCC Assesses $500 Million Civil Money Penalty Against HSBC Bank USA, N.A. WASHINGTON — The Office of the Comptroller of the Currency (OCC) announced today …
House Members Urge President, House, and Senate Leaders to Include Mortgage Principal Reduction in Any Fiscal Cliff Deal Washington, DC (Dec. 11, 2012)—Today, Rep. Elijah …
Slams Federal Reserve Policy Sky News notes: According to the BIS’ latest Quarterly Review financial markets are starting to behave in some of the ways …
Once a Failed REMIC, Never a REMIC Abstract: This article analyses how courts may reach results that undercut arguments that REMICs were the owners of …
Is The Housing Recovery Just an Illusion Created by the Federal Reserve? It’s now conventional wisdom that the housing market — once the anchor that …
HUD REPORTS SLIGHT DECLINE IN HOMELESSNESS IN 2012 Seven percent decline reported among veterans and chronically homeless WASHINGTON – On a single night last January, …
After Court Ruling, Legislation, Non-Judicial Foreclosures Stalled In Oregon It’s been about 5 years since the housing bubble burst. The ensuing foreclosures uprooted millions of …
Former NBA star Allen Iverson halts mansion auction American basketball star Allen Iverson has managed to stall a planned auction to sell off his foreclosed …
Wells Fargo not modifying mortgages as required, lawsuit says Accusing Wells Fargo & Co. of reneging on a sweeping mortgage-modification deal, a lawyer for troubled …
BOMBSHELL! ~ BEWARE OF SERVICER RELEASE OF DEFICIENCY… “Fannie Mae Owns the Notes And May Still Pursue A Deficiency” So, gullible American. You struggled and …
Mortgage Crisis Presents a New Reckoning to Banks The nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage …
HSBC to Pay $1.92 Billion to Settle Charges of Money Laundering State and federal authorities decided against indicting HSBC in a money-laundering case over concerns …
In times of crisis people seek strong leaders and simple solutions. But what if their solutions are identical to the mistakes that caused the very …
Demonocracy created a new and stunning visual to approach a grasp on US Federal Government debt of ~$17 trillion. An easy tool to understand US …
