GOP Senators Gives No Valid Reason To Oppose Watt GOP Senators today dealt a blow to President Barack Obama’s efforts to install his own nominee as regulator of Fannie Mae (FNMA) and Freddie Mac (FMCC), blocking an effort to confirm Representative Mel Watt to the post. Republicans cited misgivings about the qualifications of Watt, a North Carolina Democrat, to lead the Federal […]
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 […]
Bank of America 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 Jobs American banks and American businesses have been stomping on the rights of Hispanic-Americans since the U.S. annexed what is now the American Southwest […]
Reagan Appointed Federal Judge Upholds MERS Tax Dodging Scheme In Michigan On Friday, Judge Robert Holmes Bell dismissed Ingham County Register of Deeds Curtis Hertel’s lawsuit seeking unpaid Michigan Real Estate Transfer Taxes on property being transferred in and out of Fannie Mae, Freddie Mac with the use of the MERS database system. Holmes ruled […]
It Appears Ed DeMarco Is No Clint Eastwood On Sunday, a group of 500 protesters from the National People’s Action converged in front of the home of Ed DeMarco, the Acting Director of the Federal Housing Finance Agency. FHFA is the government agency established to oversee mortgage behemoths Fannie Mae and Freddie Mac after they […]
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