Is Bank Of America Stomping On The Rights Of Hispanic Homeowners?

By 06.10.13
Stomping Out The Competition

BofA Is Illegally Taking Angel Garcia's Home And He's Not Alone "This is like doing business with a praying mantis. You get seduced, and then eaten alive afterwards" -Steve … [Read more...]

Filed Under: Michigan, Mortgage News, Steve's Blog

Schneiderman Targets HSBC Over Foreclosures

By 06.6.13

David McLaughlin, Bloomberg HSBC Holdings Plc (HSBA) broke New York foreclosure law and put homeowners at greater risk of losing their homes, according to New York Attorney … [Read more...]

Filed Under: Mortgage News, New York

Wells Fargo settles allegations over foreclosed homes

By 06.6.13

Mary Ellen Podmolik, Chicago Tribune The National Fair Housing Alliance and 13 of its members, including two suburban Chicago groups, will receive $27 million from Wells … [Read more...]

Filed Under: Mortgage News

Why Isn’t The Detroit Emergency Financial Manager Doing This?

By 06.5.13
Jamie-Dimon

Alabama County Fights JPM-Chase & Gets Over 50% Taken Off Bond Debt   “I got to get the politics lined up. And, of course, we have to pick the partners who are … [Read more...]

Filed Under: Detroit Stuff, Financial News, Michigan, Steve's Blog

Are Michigan GOPers Using Mortgage Banking Theories Created On Fantasy Island?

By 05.30.13
Mr.-Rourke-and-Tattoo-150x150

GOP Sponsored Foreclosure Bills Would Cost Banks Money & Would Not Speed Up Foreclosures   As I wrote about last week, the GOP dominated Michigan Legislature is … [Read more...]

Filed Under: Michigan, Mortgage News, Steve's Blog

N.Y. Assembly Passes ‘Shadow Docket’ Legislation

By 05.29.13

Daniel Wiessner, Reuters The New York State Assembly this week approved a bill designed to expedite residential foreclosure cases by requiring lenders to file mandatory … [Read more...]

Filed Under: Mortgage News, New York

1st Circuit COA Slaps Wells Fargo For Triple Damages For Jerking Around Homeowner

By 05.27.13

Sheri Qualters, National Law Journal A federal appellate court ruled that Wells Fargo Bank must face a Massachusetts consumer protection law claim that entails possible … [Read more...]

Filed Under: Massachusetts, Mortgage News

NY AG Has More Proof Bank Of America And Wells Fargo Violated Mortgage Settlement

By 05.26.13

Reuters via Huffington Post New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated … [Read more...]

Filed Under: Mortgage News, New York

Banks’ Lobbyists Help In Drafting Financial Bills

By 05.26.13

ERIC LIPTON AND BEN PROTESS, NY Times Bank lobbyists are not leaving it to lawmakers to draft legislation that softens financial regulations. Instead, the lobbyists are … [Read more...]

Filed Under: Financial News
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