Showing posts with label Foreclosure. Show all posts
Showing posts with label Foreclosure. Show all posts
December 3, 2016
September 13, 2014
September 23, 2013
Buy a House, Make Your Payments, Then Discover You've Been Foreclosed On Without Your Knowledge | Alternet
Buy a House, Make Your Payments, Then Discover You've Been Foreclosed On Without Your Knowledge | Alternet
"This should never happen, but it did, thanks to the sordid mortgage servicing industry."
"This should never happen, but it did, thanks to the sordid mortgage servicing industry."
September 13, 2013
Five Years Since The Economic Collapse
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July 30, 2013
July 16, 2013
Senate Confirms Cordray To Head The Consumer Financial Protection Bureau
Senate Confirms Cordray To Head The Consumer Financial Protection Bureau: The Senate confirmed Richard Cordray to head the Consumer Financial Protection Bureau (CFPB) on Tuesday evening in a vote of 66 to 34, just hours after Senate Majority Leader Harry Reid (D-NV) struck a deal with Republicans that averted a controversial change to senate rules. Cordray was first nominated to direct the CFPB in July [...]/p
July 15, 2013
Arizona Is Sitting On Millions Meant To Help Homeowners Avoid Foreclosure
Arizona Is Sitting On Millions Meant To Help Homeowners Avoid Foreclosure: Arizona homeowners were among the hardest hit by the housing crisis, but the state has withheld millions of federal aid dollars intended to help people avoid foreclosure. It has the worst record of the 18 that received the emergency funds, spending just 6 percent of the $268 million set aside for its struggling homeowners. Arizona [...]/p
June 19, 2013
Bombshell: Bank of America Rewarded Employees for Lying to Homeowners
www.forwardprogressives.com/bombshell-bank-of-america-rewarded-employees-for-lying-to-homeowners/
"It just came to light that even though we upheld our end of the deal by bailing out the banks, not only did they renege on it, they were blatantly screwing us on their end all along! Insworn statements made by Bank of America whistle-blowers, it came to light that Bank of America was actively rewarding employees to find ways to not help mortgage holders. In fact, they were giving out bonuses to employees who put homeowners into foreclosures"
"It just came to light that even though we upheld our end of the deal by bailing out the banks, not only did they renege on it, they were blatantly screwing us on their end all along! Insworn statements made by Bank of America whistle-blowers, it came to light that Bank of America was actively rewarding employees to find ways to not help mortgage holders. In fact, they were giving out bonuses to employees who put homeowners into foreclosures"
Bank Of America Employee: 'We Were Told To Lie'
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June 18, 2013
Bank of America Whistle-blower Bombshell: “We Were Told to Lie” to Rip Off Borrowers | Alternet
Bank of America Whistle-blower Bombshell: “We Were Told to Lie” to Rip Off Borrowers | Alternet
"Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure"
"Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure"
June 17, 2013
Bank Of America Paid Foreclosure Bonuses While Lying To Homeowners
Bank Of America Paid Foreclosure Bonuses While Lying To Homeowners: One of the nation’s largest mortgage servicers intentionally, knowingly, and routinely falsifies paperwork and lies to homeowners in order to boot them from their homes, according to bank insiders. The latest of many civil suits over Bank of America’s handling of foreclosures and mortgage modifications has produced affidavits from six former employees alleging the bank [...]/p
May 24, 2013
Man Who Paid His Mortgage Early Facing Foreclosure
Man Who Paid His Mortgage Early Facing Foreclosure: Etienne Syldor, an Orlando resident who works as a bus driver at Walt Disney World, says that Wells Fargo has started foreclosing on his house. This is despite the fact that he not only made his payments on time, but even overpaid on them. As local station WFTV reported, “Last year, Wells Fargo offered him [...]/p
May 20, 2013
Foreclosed Homeowners 'Move In' to the Dept. of Justice | Common Dreams
Foreclosed Homeowners 'Move In' to the Dept. of Justice | Common Dreams
"Underwater homeowners and hundreds of allies barricaded the front door of the Department of Justice building Monday afternoon to protest the "too big to jail banks" who have shirked punishment despite having destroyed "homes, savings and livelihoods"."
"Underwater homeowners and hundreds of allies barricaded the front door of the Department of Justice building Monday afternoon to protest the "too big to jail banks" who have shirked punishment despite having destroyed "homes, savings and livelihoods"."
The Courage to Put Yourself on the Line
The Courage to Put Yourself on the Line
"Demonstrators today are using their bodies to send a message to Eric Holder that it is time to stop shielding the big Wall Street banks from prosecution."
"Demonstrators today are using their bodies to send a message to Eric Holder that it is time to stop shielding the big Wall Street banks from prosecution."
April 12, 2013
April 11, 2013
Elizabeth Warren Tears Into Federal Regulators For Shielding Big Banks
Elizabeth Warren Tears Into Federal Regulators For Shielding Big Banks: Sen. Elizabeth Warren (D-MA) embarrassed government regulators during a Senate Banking Committee hearing on Thursday morning as she demanded to know why they won’t reveal how frequently big banks illegally foreclosed on homeowners. In January, regulators abandoned a case-by-case review of foreclosure fraud conducted by some of the nation’s largest banks in favor of a [...]/p
Sen. Warren, Rep. Cummings Seek Docs To ID Mortgage Servicers
Sen. Warren, Rep. Cummings Seek Docs To ID Mortgage Servicers
"Sen. Elizabeth Warren and Rep. Elijah E. Cummings sent a letter to Fed Chairman Ben Bernanke and Comptroller Thomas Curry, challenging a decision by agency staff not to supply documents related to violations of federal and state law by mortgage servicing companies. This is why we wanted her, and by gum, it's good to have her!"
"Sen. Elizabeth Warren and Rep. Elijah E. Cummings sent a letter to Fed Chairman Ben Bernanke and Comptroller Thomas Curry, challenging a decision by agency staff not to supply documents related to violations of federal and state law by mortgage servicing companies. This is why we wanted her, and by gum, it's good to have her!"
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