mortgage fraud

Three Dems Ask To Meet With Holder To Discuss Prosecuting Mortgage Fraud
A new watchdog report that said the FBI ranked mortgage fraud as a low threat after the height of the financial crisis. Read more...
JPMorgan Settlement Docs Show Every Large Bank In U.S. Committed Mortgage Fraud
The JPMorgan Chase settlement documents tell us mortgage fraud was widespread through every large bank. Read more...
GOP Congressman: White Collar Crime On Wall Street Doesn't Exist
I absolutely love it when Republicans come up with solid reasons to vote them out of office as soon as possible all on their own, and having it on video...priceless. Read more...
Oops! Looks Like Your Mortgage Documents Might Be Fake
While many of us suspected as much, we now have a smoking gun. Read more...
U.S. Justice Department Sues Bank Of America
The U.S. government on Tuesday filed two civil lawsuits against Bank of America that accuse the bank of investor fraud in its sale of $850 million of residential mortgage-backed securities. Read more...

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While Wells Fargo CEO John Stumpf and his fellow banksters met in Salt Lake City, Alliance of Californians for Community Empowerment (ACCE) members mourned the damage they bank has caused the Bay Area with a protest at their Headquarters. Read more...
Occupy Our Homes, the Home Defenders League, and others are joining fed-up homeowners who are ready to demand action from the DOJ against criminal bankers. Read more...
Well, you've watched Frontline's investigative report "The Untouchables," here or at PBS's website, or on your local PBS station. The report cast a sharp glare on the lack of even a single arrest or prosecution of any senior Wall Street Read more...
Federal prosecutors hit Bank of America with a $1 billion lawsuit Wedesday, accusing the bank of mortgage fraud that contributed to the housing crisis. Bank of America became entangled in the scheme -- known as “High-Speed Swim Lane” or “Hustle” -- when it purchased Countrywide Financial in July 2008, just as the economy was slipping into recession. Countrywide, a mortgage lending giant, was already known for approving risky loans when it introduced its “Hustle” program to churn out more loans, effectively eliminating a system that ensured the mortgages were being made to buyers who could afford them. A top U.S. attorney said the bank’s fraud was “spectacularly brazen in scope.” Read more...
Since we're never going to see the criminal indictments these weasels deserve, would it be too much, in light of current developments, that the president and other administration officials stop throwing in little digs at homeowners for their Read more...