Mortgage Lending Crazy Train Is Back As FDIC And OCC Say No Appraisals Needed On Home Sales Under $400,000 Mortgage lending crazy train is officially back and the Trump Administration is the engineer! It’s such a bad idea that even the dimwitted train operators Charlie Pratt and Floyd Smoot owners of the Cannonball Express think […]
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 […]
Citimortgage Pursues Foreclosure Against Veteran With The Zeal Of A Fat Guy At An All-You-Can-Eat Buffet All Tom and Sandy Lennon wanted to do in 2008 was retire to Naples, Florida and play golf. The last thing they wanted was a decade-long legal battle with Citimortgage. Unfortunately, that is exactly what they got thanks to […]
Wells Fargo Lending Practices Show Jim Crow Is Still Alive And Well At Wells Fargo Wells Fargo wants the public to believe Wells Fargo lending policies no longer discriminate against black people. Especially since the bank settled the plethora of Ghetto Loans lawsuits they faced. Cities across the United States accused Wells Fargo of conning […]
Florida Foreclosure Mill Attorneys Facing Criminal Charges For Not Turning Over Ditech Training Manual Two attorneys for Ditech Financial and a company representative face criminal charges in Miami. A judge found them in contempt for failing to turn over evidence in a civil foreclosure case. The attorneys for Ditech Financial failed to comply with a […]
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