Foreclosure Fraud

Protests Begin At Bank of America Shareholder Meeting

Posted 05.09.2012

Activists from Occupy Wall Street, the environmental movement and labor unions, along with victims of home foreclosures, have begun massive demonstrat...

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Bank Of America Meeting Gets Protestors Warmed Up For Democratic National Convention

HuffingtonPost.com | Zach Carter | Posted 05.09.2012

Read More: Foreclosures, Occupy Bank of America, Charlotte, Dnc, Shareholders Meeting, Trillium, 2012 Elections, Mountaintop Removal Mining, Bank of America, Obama, Mtr, Bofa, Pollution, Citizens United, Foreclosure Fraud, Coal, 1%, 2012, DNC Convention, Occupy-Wall-Street, Video, Wall Street, Mountaintop Removal, November Election, Protest, Occupy Wall Street, 99%, Environment, Banks, Occupy, November Elections, Politics News

Dozens of good-government groups, Occupy Wall Street contingents, environmental activists, struggling homeowners and institutional investors are desce...

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Progressive Rep. Compares GOP To Keating Five

HuffingtonPost.com | Zach Carter | Posted 04.27.2012

Read More: Residential Mortgage Backed Securities Working Group, Rep. Brad Miller, Economy, Jobs, Mchenry, Obama, Foreclosure Fraud, Financial Fraud, Video, Wall Street, Banks, Gop, Rep. Patrick McHenry, Schneiderman, Republicans, Brad Miller, Politics News

WASHINGTON -- Rep. Brad Miller (D-N.C.) blasted congressional Republicans on Thursday, including fellow North Carolinian Rep. Patrick McHenry, compari...

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Bank Of America Sues Itself

HuffingtonPost.com | Zach Carter | Posted 04.10.2012

Read More: Foreclosures, Foreclosure Crisis, Robo-Signing, Lynn Szymoniak, Economy, Mortgage Crisis, Bank of America, Jobs, Bofa, Foreclosure Fraud, Housing Crisis, Bac, Wall Street, Robosigning, Banks, Foreclosure, Housing Bubble, Business News

WASHINGTON -- Bank of America is suing itself for foreclosure. "It's crazy," housing data analyst Michael Olenick told HuffPost. "They shouldn't b...

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President Obama Needs to Get Serious About the Financial Crimes Unit

Becky Bond | Posted 04.09.2012

Read More: Foreclosures, Mortgage Crisis, Mortgage Fraud, Fraud, Financial Fraud, Mortgage Fraud Task Force, Foreclosure Fraud, Eric Schneiderman, Financial Crimes, Obama Financial Reform, Financial Crimes Unit, Politics News

President Obama needs to give the Department of Justice task force the resources required to launch a serious investigation that will bring about real accountability before the statutes of limitations run out for Wall Street's crimes.

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Bruce Springsteen & Wall Street's Wrecking Ball: A Contract With America

Monika Mitchell | Posted 05.30.2012

Read More: Occupy Wall Street, Greg Smith, Wall Street Ethics, Goldman Sachs, Social Contract, Wall Street, Jon Stewart, Wrecking Ball, Watergate, Financial Crisis, Bruce Springsteen, Foreclosure Fraud, Business News

Watergate made a mockery of American justice revealing a corruption so deep and pervasive that it "almost had the country brought down by it." For Springsteen and America, the financial crisis has exposed the same.

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Foreclosure Activist Says $18 Million Doesn't Make Up For Homeowners' Harms

HuffingtonPost.com | Zach Carter | Posted 03.20.2012

Read More: Foreclosures, Foreclosure Crisis, Mortgage Settlement, Housing, Szymoniak, Lynn Szymoniak, Economy, Jobs, Foreclosure Fraud, Housing Crisis, Foreclosure Settlement, Video, Mortgage, Wall Street, 60 Minutes, Financial Crisis, Banks, Foreclosure, Business News

The last four years have not been easy for Lynn Szymoniak. Since early 2008, she has waged a seemingly endless series of legal battles against some of...

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Today's Most Important Finance Story: Lan T. Pham, Ph.D., Told the CBO the Truth About Mortgage "Securities" and Was Fired for It

Janet Tavakoli | Posted 05.16.2012

Read More: Cbo, Financial Reform, Lan T. Pham, Mortgage Crisis, Robo-Signing, Mortgage-Backed Securities, Systemic Risk, Congressional Budget Office, Ph.D., Foreclosure Fraud, Foreclosures, Mortgages, Foreclosure Crisis, Subprime Mortgages, Foreclosure, Business News

This knowledge isn't unique or new. What is new is that Dr. Pham brought this forward to the CBO and apparently this information is being suppressed and denied by the CBO and in congressional reports.

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She Was In Foreclosure, But Now She's Got $18 Million

The Huffington Post | Alexander Eichler | Posted 03.15.2012

Read More: Foreclosures, Foreclosure Crisis, Mortgage Settlement, Robo-Signing, Whistleblower, Lynn Szymoniak, $25 Billion, $18 Million Settlement, Foreclosure Fraud, Home Foreclosures, Foreclosure Settlement, Video, Business News

Look closely at the paperwork if you ever get foreclosed on. It could pay off. That's what Lynn Szymoniak learned when her bank foreclosed on her P...

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Thanks To The Government You Can Now Rent A Foreclosed Home

AP | The Associated Press | Posted 04.28.2012

Read More: Foreclosure Crisis, Video, Freddie Mac, Rental Market, Business News, Federal Housing Finance Agency, Foreclosure to Rent, Fannie Mae, Foreclosure, Foreclosure Fraud, Housing Crisis, Business News

WASHINGTON — The government is looking to sell off some of its stock of homes in foreclosure. The Federal Housing Finance Agency has control ov...

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Who's Really Paying The Tab For The Mortgage Settlement?

HuffingtonPost.com | Mark Gongloff | Posted 02.18.2012

Read More: Mortgage Settlement, Mortgage, Mortgage Servicers, Mortgage Foreclosure, Hud, Banks, Foreclosure, Foreclosure Fraud, Big Banks, Foreclosure Settlement, Business News

Just who is paying for the big mortgage settlement, anyway? The Obama administration says it's the banks. Mortgage investors worry it will be them....

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First Bank Fraud, Now Political Fraud

Dennis M. Kelleher | Posted 04.11.2012

Read More: Foreclosure Crisis, Crime, Financial Reform, Lawsuits, Foreclosure Fraud, Fraud, Bailout, Eric Schneiderman, Attorney General, Financial Crisis, Foreclosure Lawsuits, Foreclosure, Bank Bailout, Financial Regulation, Business News

It's like saying rather than drowning in a lake 50 feet deep, you get to drown in a lake that is only 30 feet deep. And, people are taking victory laps? You don't believe any of that and still think what the politicians said about punishing the banks was true?

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Foreclosure Fraud: Scoring the Deal, Continuing the Fight

Richard (RJ) Eskow | Posted 04.10.2012

Read More: Eric Schneiderman, Foreclosure, Bank Settlement, Robo-Signing, Foreclosure Fraud, Politics News

The Federal government and the Attorneys General from 49 states have signed a deal with five major banks over charges of fraud, including reported acts of widespread perjury and forgery, in the so-called "robo-signing" scandal.

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Robo-Signing Bank Settlement Is a Criminal Sell Out

Dennis M. Kelleher | Posted 04.10.2012

The banks engaged in a years' long pattern of what can only be described as fraudulent if not criminal conduct that would put anyone else in prison for years if not decades, yet banks get to buy off the cops with some money to help just a few of the victims they created.

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What The Mortgage Settlement Won't Cover

HuffingtonPost.com | Janell Ross | Posted 02.09.2012

Read More: West Palm Beach, Mortgage Settlement, Robo-Signing, Florida Foreclosures, Mortgage Settlement Deal, Ally Financial, Hud, Florida, Foreclosure, Gmac, Foreclosure Fraud, Video, Business News

On September 25, 2010, Monica and Ricardo Zapata should have been out celebrating their tenth wedding anniversary, or enjoying a candlelight dinner in...

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The Top 12 Reasons Why You Should Hate the Mortgage Settlement

Yves Smith | Posted 04.10.2012

Read More: Mortgage Crisis, Financial Crisis, Foreclosure Fraud, Eric Schneiderman, Subprime Mortgage Crisis, Mortgage Settlement, Subprime Mortgages, Foreclosure Settlement, Politics News

This settlement is yet another demonstration of who wields power in America, and it isn't you and me. It's bad enough to see these negotiations come to their predictable, sorry outcome. It adds insult to injury to see some try to depict it as a win for long suffering, still abused homeowners.

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CSI Missouri: A "Robo-Signing" Indictment in the Show-Me State

Richard (RJ) Eskow | Posted 04.08.2012

Read More: Bank Settlements, Chris Koster, Robo-Signing, Eric Schneiderman, Foreclosure Fraud, Business News

Forgery and perjury are serious crimes. It's an even more serious crime to ask others to do it for you.

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Let Them Eat Task Forces

Charles Ferguson | Posted 04.05.2012

Read More: Wall Street, Economy, Financial Reform, Charles Ferguson, Economic Crisis, Larry Summers, Financial Crisis, Obama State of the Union, Global Financial Crisis, Timothy Geithner, Financial Crimes, Financial Crimes Unit, Financial Regulation, Foreclosure Crisis, Mortgage Crisis, Foreclosure Fraud, Eric Holder, Foreclosure, Business News

Over the intervening three years, what did Obama do? Well, we got a stimulus package, and then a year later an absurdly complicated new law that addressed everything except the most important issues. And that's about it.

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New Obama Unit Co-Chair Talks 'Too Big To Fail'

The Huffington Post | Luke Johnson | Posted 01.30.2012

Read More: Foreclosure Fraud Settlement, Video, Eric Schneiderman, Mortgage Crisis Unit, Obama State of the Union, Foreclosure Fraud, Financial Crimes Unit, Schneiderman, Eric Holder, Politics News

WASHINGTON--New York State Attorney General Eric Schneiderman discussed his new role as co-chair of a Financial Crimes Unit Sunday on "Up With Chris H...

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Obama Administration And Banks Near Deal On Mortgage Fraud Legal Liability

HuffingtonPost.com | Sam Stein | Posted 01.28.2012

Read More: Mortgage Fraud Settlement, Video, Obama Mortgage Crisis, Obama Mortgage Plan, Foreclosure Crisis, Subprime Mortgages, Robo-Signing, Subprime Mortgage Crisis, Robosigning, Banking Crisis, Foreclosure Fraud, Home Foreclosures, Politics News

WASHINGTON -- The Obama administration, state attorneys general, and, perhaps, the nation's largest banks are close to a final settlement on the years...

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President Obama's New Financial Crimes Team Has Bank Ties

HuffingtonPost.com | Zach Carter | Posted 01.30.2012

Read More: Foreclosures, Harp, Jared Bernstein, Obama, AG Settlement, Foreclosure Fraud, Financial Fraud, Video, Tbtf, Wall Street, Sotu, Banks, Khuzami, State of the Union, Schneiderman, Politics News

WASHINGTON -- President Barack Obama vowed during Tuesday's State of the Union Address to establish a new financial crimes unit dedicated to investiga...

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People Power vs. Banker Power: Score One For the People

Richard (RJ) Eskow | Posted 03.25.2012

Read More: Bank Fraud, Tom Miller, Bank Settlement, Wall Street, Eric Schneiderman, Obama Administration, Foreclosure Fraud, Richard Trumka, Politics News

Patti Smith wasn't wrong when she sang that "People have the powe." We do have the power to win a battle or two, even against those guys on Wall Street. We have more power than we realize -- but only if we're willing to use it.

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Bad Bankers, Bad Fraud Deals, and the President's 'Great Gatsby' Problem

Richard (RJ) Eskow | Posted 03.20.2012

Read More: Foreclosure Settlement, Barack Obama, Foreclosure Crisis, Wall Street, Robo-Signing, Robo-Signing-Debt-Collectors, Corporate Greed, Foreclosure Fraud, The Great Gatsby, Politics News

Bankers are today's Jay Gatsbys. They're shady figures who have adopted a veneer of respectability, yet remain relentlessly, ruthlessly, and sometimes illegally self-interested.

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The Obama Administration's 'New' Bank Fraud Deal: Still Unfair, Still Unjust, Still Unbalanced

Richard (RJ) Eskow | Posted 03.11.2012

Read More: Sweetheart Deal, Bank Deal, Treasury Department, Justice Department, Barack Obama, Foreclosure Fraud, Business News

Despite the president's new-found populism -- rhetorically, anyway -- officials in his administration continue to push an unfair deal designed to conceal the financial Crime of the Century.

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Questionable Report Clears Officials Of Wrongdoing

Firedoglake | David Dayen | Posted 01.09.2012

Read More: Pam Bondi, Florida Foreclosure Fraud, Florida Inspector General, Bill McCollum, Florida, Foreclosure, Foreclosure Fraud, Politics News

A remarkable report from an Inspector General in Florida not only clears the state Attorney General's office for the firings of two foreclosure fraud ...

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