Homeowner Help Remains Elusive In $16.5B Bank of America Fine

banker flipping off america

David Dayan, UK Guardian The Justice Department has inked yet another cash settlement for misconduct in the production of mortgage-backed securities, this time with Bank of America for … [Read more...]

PA Judge Upholds Sale Of Widow’s Home Over $6 Tax Bill

Michael Winter, USA TODAY A Pennsylvania county judge has again ruled against a widow who lost her home because of an unpaid $6.30 interest charge for paying her school taxes late. Beaver County … [Read more...]

Convicted Mortgage Fraudster Lee Farkas Wants His Mommy

Lee Farkas mugshot

He Says Prison Is Depressing And He Is So Lonely That He Feels Like A Zombie   "Is there anything else I can help you with? Perhaps you'd like an 11-year old prostitute sent to your room. We … [Read more...]

Banks Could Still Blow Up The World

The Huffington Post  |  By Mark Gongloff Big banks are perfectly safe these days, unless you count all those weapons of mass financial destruction they've got lying around. And who's counting … [Read more...]

National Mortgage Settlement Still Failing 700k+ Homeowners

Ben Hallman, Huffington Post One year after federal bank regulators pledged that a nearly $10 billion legal settlement would quickly deliver cash to foreclosure abuse victims, hundreds of thousands … [Read more...]

Interns At Barclays Have To Take A ‘Toilet Naps’

Julia LaRoche, Business Insider One of the big stories on Wall Street lately has been the investment banks cutting back the amount of hours their junior employees have to work. Long hours on … [Read more...]

Here’s The Investment Advice Citi Is Giving To Its Super-Rich Clients

fat rich guy

LAWRENCE DELEVINGNE, CNBC Investors are hurting their long-term returns by focusing too much on assets that can be cashed in at virtually any moment, according to a new outlook published by Citi … [Read more...]

FBI Suspects Front Running of Fannie, Freddie In Swaps Market

Richard Leong, Reuters Wall Street traders may be manipulating a key derivatives market and front running Fannie Mae and Freddie Mac, hurting the US-owned mortgage giants in the process, according … [Read more...]

BofA: Sorry About The Illegal Foreclosure, Here’s A $50 Applebee’s Gift Card

Buy yourself something nice. Like some drinks and a couple apps. Bess Levin, Dealbreaker Bank of America, led by Chief Executive Officer Brian T. Moynihan, faced more than 15,000 complaints in … [Read more...]

Miami Files Latino “Ghetto Loans” Lawsuit Against 3 Banks

Miami sues big banks over discriminatory mortgage lending Reuters Miami has sued Bank of America , Wells Fargo and Citibank in U.S. federal court in Florida, for discriminatory mortgage lending … [Read more...]