Former Wayne County Deputy Treasurer & Career Political Appointee David Szymanski Wants His Old Job This Time As The Official Wayne County Treasurer With the announcement earlier this week by long time Wayne County Treasurer Raymond Wojtowicz that he was retiring ahead of next year’s election, former Deputy Treasurer, David Szymanski has been schmoozing the political […]
JPMorgan Chase Claims That FHA Loans Are Government Backed Subprime Loans FHA loans that were originally intended to give first-time buyers easy access to mortgages are being compared to the very loans that contributed to the housing crisis. Kevin Watters, CEO of Chase Mortgage Banking told CNBC, “FHA requirements are down to a 520 FICO […]
Hudson City Savings Bank Pays $32.75 Million To Settle Claims It Discriminated Against Blacks And Latinos Hudson City Savings Bank has settled claims of mortgage discrimination by the federal government for $32.75 million that it violated federal laws when it gave loans to members of the black and Hispanic communities. Claims by the Consumer Financial Protection […]
The City Of Oakland Is The Latest City To File A Ghetto Loans Lawsuit Against Wells Fargo Oakland, California has become the latest municipality to file a Ghetto Loans lawsuit against Wells Fargo. Oakland is accusing the largest U.S. mortgage lender issuing high-cost Ghetto Loans to African-Americans and Latinos. These loans allegedly led to foreclosures and […]
Erez Arsoni Was Busted Operating A $20 Million Detroit Real Estate scam From An Office In New York Erez Arsoni, a telemarketing firm owner in New York who fled to Spain after it was discovered he was operating a $20 million Detroit real estate scam out of his New York office has been extradited to […]
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