Two Deutsche Bank Traders Convicted For Manipulating LIBOR Index The federal government convicted two Deutsche Bank Traders in New York last week. The government accused the two traders from Deutsche Bank’s Pool Trading Desk of participating in a scheme to manipulate the London Interbank Offered Rate (LIBOR). The LIBOR Index is a critical global benchmark tied to […]
Nationstar Executive Edward Hyne Testifies Aurora Bank Policies Included Forging Note Endorsements Nationstar Executive Edward Hyne sat for a deposition in a bankruptcy case last month. Normally, this would not be a big deal. However, this time the Nationstar executive dropped a bombshell about the now-defunct Aurora Loan Servicing. He claimed in his deposition that Aurora doctored […]
Foreclosed Homes Are Appreciating Faster than Typical Homes Investors who bought foreclosed homes at the peak of the financial crisis are reaping huge rewards. Foreclosed homes that were foreclosed on during the recession are skyrocketing in value compared to the typical U.S. home. The median crisis-era foreclosed home increased 10.3% in value over the past […]
Blowhard Bill Schuette Whines About Blight But Ignored Complaints From Thousands Of Victims Of Foreclosure Abuse Committed By His Contributors Who Caused The Blight Michigan Gubernatorial candidate Blowhard Bill Schuette is a brilliant guy when it comes to exploiting the work of others for his political gain. Schuette has made it the cornerstone of his […]
The Florida Supreme Court’s Bartram Decision Was Nothing More Than A Bailout For Florida Foreclosure Mills Homeowners began beating Florida foreclosure mills about five years ago. Thus, they were able to keep their home mortgage-free. However, they were winning because of some dramatic court showdown reminiscent of Roe v. Wade or Brown v. Board of Education. […]
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