Former Countrywide CEO Angelo Mozilo Says Financial Crisis Wasn’t His Fault And To Quit Blaming Him Former Countrywide CEO Angelo Mozilo claims he had nothing to do with the financial crisis. He wants people to quit blaming him. The disgraced CEO of Countrywide Financial told hedge fund executives that he doesn’t care that he is […]
MFI-Miami Attorney Julia Kefalinos Gets Student Loan Nullified By Miami Judge The explosion of online and private colleges has made the student loan industry a lucrative business. Hence, driving student loan debt in the U.S. to $1.5 Trillion. This debt is second only to mortgage debt and is larger than the debt Colombia owes the IMF. Private […]
Finance Industry Expects GOP Controlled Congress To Loosen Lending Guidelines For For-Profit Colleges and Universities Republicans have taken complete control of the federal government’s legislative process. The first thing on the agenda is to attack government regulations protect students at For-Profit Colleges. The GOP plans to attack it with the zeal of a fat guy […]
This Is Why MFI-Miami Has Started Investigating Student Loan Debt In 2010, the New York Times ran a story about an Austrian guy who broke off his engagement with his American fiancee because of her $170,000 student loan debt. Americans expressed their “OMG! That’s horrible!” on social media. Americans then shrugged their shoulders and went back […]
Even After Verdict Defiant BofA Execs & Rebecca Mairone Still Pleading Innocence Nate Raymond at Reuters wrote a great piece about Rebecca Mairone aka the Countrywide Hustler Bank of America Corp was found liable for fraud on Wednesday over defective mortgages sold by its Countrywide unit, a major win for the U.S. government in one of the […]
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