U.S. Judges Sound Off on Bank Settlements
EDITOR’S NOTE: It’s always slower than we want. But the Bench is starting to groan at the absurd “settlements” being reached that are actually a vehicle for immunizing the major players from...
View ArticleLegal Woes Mount For Foreclosure Kingpin
The reports and investigations will continue to roll in…but will there be any relief for the homeowner who was victimized by such practices? How many more families will be thrown into the streets...
View ArticleUnited States of America v Allied Home Mortgage | Feds File Massive Fraud...
Feds File Massive Fraud Case Against Allied Home Mortgage by Tracy Weber and Charles Ornstein ProPublica, Federal prosecutors sued Allied Home Mortgage Capital Corp. and two top executives Tuesday,...
View ArticleFraudclosure | Special Report: The Watchdogs that didn’t bark
Special Report: The watchdogs that didn’t bark (Reuters) — Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as...
View ArticleA Must View – The Young Turks | Feds Won’t Prosecute Banks Despite Evidence...
A devastating report by Reuters shows that the federal government is focusing on small scale swindlers while ignoring crimes by big banks despite a wealth of evidence against them. The Young Turks host...
View ArticleScot Paltrow | Focus: Mortgage-Lending Meltdown – The watchdogs that didn’t bark
Focus: Mortgage-Lending Meltdown — The watchdogs that didn’t bark Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines,...
View ArticleFraud Digest | SOTU – Prosecuting Mortgage Document Fraud
PROSECUTING MORTGAGE DOCUMENT FRAUD In the State of the Union address on January 24, 2012, President Barack Obama announced the creation of a special unit within the Financial Fraud Enforcement...
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