Home foreclosures jump in 3rd quarter: regulators
Dave Clarke Reuters U.S. home foreclosures jumped in the third quarter and banks’ efforts to keep borrowers in their homes dropped as the housing market…
Mortgage
POWERFUL FORECLOSURE TESTIMONY: Women Goes OFF on Congress (VIDEO)
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POWERFUL FORECLOSURE TESTIMONY: Women Goes OFF on Congress (VIDEO)
Youtube
Arizona Sues Bank Of America, Alleges Loan Modification Fraud
Bob Christie Associated Press PHOENIX — Attorneys general in Arizona and Nevada filed civil lawsuits Friday against Bank of America Corp., alleging that the lender…
Dude, Where’s My Mortgage? How an Obscure Outfit Called MERS Is Subverting Our Entire System of Property Rights
Banks have scrambled America’s system of private property ownership to the point that no one knows who owns what. Yasha Levine Alternet For the first…
Countrywide Documentation Disaster to Explode at Bank of America?
Ash Bennington CNBC The mortgage documentation mess keeps getting stickier. The latest is this: Countrywide Financial, now owned by Bank of America, appears not to…
No Breaks for Robo-signing Computer Stamping Mortgage Documents
Dees Illustration Prashant Gopal Bloomberg Bryan Bly is a pen-wielding “robo- signer” at Nationwide Title Clearing Inc., inking his name on an average 5,000 mortgage…
Homeowners Get The Boot For Bad Paperwork While Banks Get Millions For Same
Dees Illustration Shahien Nasiripour Huffington Post Mortgage companies enrolled in the Obama administration’s signature foreclosure-prevention initiative may be receiving taxpayer funds despite not having a…
The Fed Bought Fraud
Dees Illustration Greg Hunter USA Watchdog In the wake of the financial meltdown of 2008, the Federal Reserve announced it would buy mortgage-backed securities, or…
Mortgage Crisis: The Six Trillion Dollar Problem
Greg Hunter USA Watchdog When I was an investigative reporter at the networks, the first question we would ask when trying to decide if we…
Foreclosuregate Explained: Big Banks on the Brink
Peter White Truth-Out Scandal is spreading across Wall St. like a very bad case of poison ivy. A rash of fraudulent home foreclosures has exposed…
Foreclosure activity up across most US metro areas
Alex Veiga Associated Press LOS ANGELES — The foreclosure crisis intensified across a majority of large U.S. metropolitan areas this summer, with Chicago and Seattle…
Foreclosure Fraud: The Perfect No-Prosecution Crime
Dees Illustration Greg Hunter USAWatchdog Did you know that in the aftermath of the Savings and Loan (Thrifts) scandal there were more than a thousand…
Foreclosure Mess Scares Away Investors as ‘Fear has Taken Hold’
Dees Illustration Reuters Investors who have been snapping up foreclosed homes are backing off in the wake of the U.S. foreclosure fiasco, driven off by…