As I predicted…..The Loan forclosure paperwork problem is HUGE and is far...
This story gets worst by the minute….. GMACMortgage, JPMorgan Chase and Bank of America are the first companies to shut ALL foreclosures in 23 states (They will probably have to shut down all of them...
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Massachusetts will sue Top 5 National Banks on their forclosure actions…
Jodi Hilton for The New York Times In a suit against the nation’s five largest mortgage lenders, Martha Coakley, the Massachusetts attorney general, contends that the banks used unfair and deceptive...
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Banks, States and Government reach an agreement on the Forclosure Mess….
The agreement for $26 to $39 Billion will have the banks ponying up money to settle up with the states and Fed’s to address the years old screwing of home owners by banks in not checking paper works...
View ArticleRequire the largest banks to have the most equity, as they should…..
Senator’s SHERROD BROWN and DAVID VITTER (WHO?) are about to intro a Bill that require BIG BANKS to hold on to more reserves so that you and I do NOT have to bail their asses out if they screw up…. The...
View ArticleThe Feds are about to simplify Big Banking rules and require them to hold...
In 2007 thru 2009 the bottom feel out of the US economy….A good part of the reason that occured is because US banks took huge risks and lost a LOT of money….. Over the last few years there have been...
View ArticleThe Justice Department is looking for the Banks to cop pleas on rigging...
…from the NY Times…. The Justice Department is pushing some of the biggest banks on Wall Street — including, for the first time in decades, American institutions — to plead guilty to criminal charges...
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