Wells Fargo finds mortgage myths hamper home purchases

PETER RUDEGEAIR, Reuters, Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co (WFC.N), the largest U.S. … [Read more...]

Are Deutsche Bank & OCWEN Attempting To Swindle A 9/11 Responder?

Ground Zero 9-12

For Three Weeks, James Campisi Breathed Poisonous Air From Ground Zero That EPA Director Christine Whitman Told People Was Safe   Most Americans will never forget where they were 13 years ago … [Read more...]

Article About David Trott In The New Republic Mentions MFI-Miami Case

Financial Terrorist and Foreclosure Fraudster, El Gringo Bandito, David Trott

Michigan's 'Foreclosure King' Is Trying to Win a Seat in Congress David Dayen, New Republic Only four House incumbents lost primaries this year, and you’d think their vanquishers would have by … [Read more...]

Student Loan Debt Crisis Also Hitting Aging Baby Boomers

senior paying bills

Student Loan Debt Isn't Just A Problem For Millennials   "Some may think of student loan debt as just a young person's problem. Well, as it turns out, that's increasingly not the case." -Sen. … [Read more...]

BofA Exec Gets Probation For Trying To Solicit Sex From 13 Y/O Girl

A former executive with Bank of America pleaded guilty to a sex charge, five years after his arrest in an undercover internet sting. Joe H. Culler, Jr., 66, of Columbia, received a two-year … [Read more...]

The Tan Man Angelo Mozilo In Denial As Feds Move In

Countrywide’s Mozilo still asserts innocence in mortgage crisis According to regulators, Countrywide didn’t tell investors it was creating increasingly risky mortgages, while Angelo Mozilo … [Read more...]

Courts Have The Ability To Impose Sanctions In Foreclosure Cases

Courts Have Ability To Issue Sanctions In Foreclosure Cases Edward Reisner, New York Law Journal In response to the insightful article by Daniel Wise, "Panel Shifts Toward Remedy in 'Sarmiento,'" … [Read more...]

The U.S. Student Loan Debt Crisis Will Dwarf The Mortgage Crisis

crushing-student-debt-300x286

This Is Why MFI-Miami Has Started Investigating Student Loan Fraud   Back in 2010, the New York Times ran a story about an Austrian guy who broke off his engagement with his American fiancee … [Read more...]

RBS Admits Intimidating Customers

Shaming of our bully banks: We DID intimidate customers with fake debt collection letters, admit bosses JASON GROVES and SEAN POULTER FOR THE DAILY MAIL The big banks sent hundreds of … [Read more...]

Struggling Homeowners Are Shouldering The Responsibility Of U.S. Deficit

Uncle_Sam_Squeezing_Money_Out_of_a_Tax_Payer

No Fannie/Freddie Mortgage Write-Downs Means More Cash For Uncle Sam   Since the housing crisis began in 2007, the major banks and the major servicers have paid nearly $130 Billion in fines and … [Read more...]