Feeling cooperative yet, Paul?
Note that ugly word "fraudulent". Note, too, that innocent phrase "agreed to pay"--as if paying, for them, is an option. Note also too there is no mention of anyone going to jail. Not a single soul from anywhere within those vast companies had to go to jail for their misdeeds. They couldn't even muster up a single scapegoat.
The banking industry’s epidemic of mortgage-related fraud might not have been possible without the existence of the legal entity known as “MERS.”
Only the $9 billion is a sure thing – and most of that money will go to government agencies that have a poor record of providing relief to wronged homeowners.
The mortgage investigations Cuomo touted as " wide-ranging" came to little, even as he held one of the country's most powerful prosecutorial positions through the financial crisis.
A new watchdog report that said the FBI ranked mortgage fraud as a low threat after the height of the financial crisis.
The JPMorgan Chase settlement documents tell us mortgage fraud was widespread through every large bank.
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.
While many of us suspected as much, we now have a smoking gun.
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.
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