Four Banks Reach $2.7 Million Settlement With Massachusetts AG Martha Coakley Over Foreclosure Violations Massachusetts AG Martha Coakley has forced four national banks to pay a combined $2.7 million. Coakley claims they are penalties for unlawfully foreclosing on properties in Massachusetts. Coakley accused Bank of America, Citi, JPMorgan Chase, and Wells Fargo of violating Massachusetts foreclosure laws and the Massachusetts […]
Bill Schuette’s Dereliction of Duty And Ties To Trott & Orlans Raise Ethics Questions Among Voters For over three and half years, I have been writing about Trott & Trott and Orlans Associates have been committing document fraud. They have escaped the scrutiny of Michigan Attorney General Bill Schuette. Both David Trott, the former managing […]
No Fannie/Freddie Mortgage Write-Downs For Struggling Homeowners 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 court settlements to settle mortgage fraud issues with Fannie Mae and Freddie Mac. These settlements have brought Fannie Mae […]
Douglas Jamiel At Truthout Wrote A Great Piece About Quicken Loans Founder Dan Gilbert “The First National Building over here is ours,” explains billionaire Dan Gilbert, pointing at the Detroit skyline from his glass promontory in a recent interview with 60 Minutes’ Bob Simon. Like a player in an all too real game of Monopoly, Gilbert takes inventory of […]
Michigan AG Bill Schuette Has Become A Pro At Sleight Of Hand Tricks “White collar criminals build a wall of false integrity around them to gain the trust of their victims.” -Convicted Fraudster Sam Antar On Thursday, the Consumer Financial Protection Bureau along with all 50 state Attorneys Generals signed a $2.1 Billion Consent Agreement […]
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