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Daily News related to the Foreclosure Crisis The biggest unpunished heist in human history - Max Keiser |
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occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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Date |
Article Articles are added several times a week |
Source |
Comment |
11/30/16 |
Trump Treasury pick: Fannie Mae and Freddie Mac will be privatized |
Housing Wire |
Trump Treasury pick: Fannie Mae and Freddie Mac will be privatized Steve Mnuchin tells Fox Business: "We’ll get it done reasonably fast" By Ben Lane |
11/30/16 |
Wilbur Ross and Steve Mnuchin—Profiteers of the Great Foreclosure Machine—Go to Washington |
The Nation |
Wilbur Ross and Steve Mnuchin—Profiteers of the Great Foreclosure Machine—Go to Washington Mnuchin and Ross led companies that committed fraud to foreclose on millions of homeowners. Now they will be in charge of the entire US economy. What could go wrong? By David Dayen |
11/29/16 |
21 Lawmakers Come Out To Defend The Consumer Financial Protection Bureau |
Consumerist |
21 Lawmakers Come Out To Defend The Consumer Financial Protection Bureau While most federal agencies will soon see a change in leadership and direction after President-elect Donald Trump takes office, the head of the Consumer Financial Protection Bureau is supposed to be shielded from such sudden changes. A recent court decision put that protection — and the future of the CFPB itself — in question, but today |
11/28/16 |
EXCLUSIVE: Ben Carson will accept HUD secretary role |
Housing Wire |
EXCLUSIVE: Ben Carson will accept HUD secretary role The speculation is now over as sources close to the appointment confirm to HousingWire that Ben Carson will officially accept the role of United States Secretary of Housing and Urban Development. |
11/18/16 |
OCC slaps serious sanctions on Wells Fargo as fake account fallout continues |
Housing Wire |
OCC slaps serious sanctions on Wells Fargo as fake account fallout continues The Office of the Comptroller of the Currency slapped a series of sanctions on Wells Fargo that were previously excluded from its settlement with the megabank over the fake account scandal that recently shrouded the bank in controversy. |
11/14/16 |
They’re Growing Older. Their Mortgage Debt Is Growing Deeper. |
New York Times |
They’re Growing Older. Their Mortgage Debt Is Growing Deeper. It was a modest house, a two-bedroom ranch in Arlington, Mass. Jerri and Richard Newman had to stretch to buy it for $169,000 in 1996, but with his job at Boston’s Museum of Fine Arts and her freelance editing, they figured they could swing it. They took out a 30-year, fixed-rate mortgage. But |
11/14/16 |
Guest post: the foreclosure vote |
Mathbabe |
Guest post: the foreclosure vote This is a guest post by Tom Adams, who spent over 20 years in the securitization business and now works as an attorney and consultant and expert witness on MBS, CDO and securitization related issues. I don’t expect anyone to really come up with the perfect explanation for why Clinton lost and Trump won the presidential election. But I do spend some time looking at these maps: |
11/16/16 |
Will Trump Tackle Housing Finance Reform? |
National Mortgage News |
Will Trump Tackle Housing Finance Reform? WASHINGTON – Housing was the talk of the campaign two presidential elections ago, but it stayed under the radar in the 2016 race, leaving plenty of room to speculate about President-elect Donald Trump's likely mortgage policy for the next four years. |
11/16/16 |
Fed's Kashkari unveils plan to tackle 'too big to fail' banks and funds |
CNBC |
Fed's Kashkari unveils plan to tackle 'too big to fail' banks and funds Fed's Kashkari unveil plan to end 'too big to fail' Fed's Kashkari unveils plan to end 'too big to fail' 12 Hours Ago | 01:43 Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest U.S. banks to hold so much capital that they would probably decide to break themselves up. |
11/11/16 |
How Letting Bankers Off the Hook May Have Tipped the Election |
New York Times |
How Letting Bankers Off the Hook May Have Tipped the Election There are many facets to the populist, anti-establishment anger that swept Donald J. Trump into the White House in Tuesday’s election. A crucial element fueling the rage, in my view, was this: Not one high-ranking executive at a major financial firm was held to account for the crisis of 2008. As millions of foreclosures and job losses followed, |
11/10/16 |
HISTORY OF THE FINANCIAL CRISIS |
Fraud Investigation Bureau | This is a comprehensive history documenting the events that caused the 2008 Financial Crisis through news articles, documents, and public pronouncements. We hope this resource will assist fraud investigators and activists in understanding the larger context of the battle we are waging to bring truth and shed light on those who are gutting average Americans through back room deals and fraudulent settlements. |
11/10/16 |
Critics of Colorado’s foreclosure process say it is “fundamentally broken” |
The Denver Post | Colorado Supreme Court considering changes to how foreclosures happen |
11/03/16 |
11 Oregon counties sue private mortgage registry MERS |
The Oregonian |
11 Oregon counties sue private mortgage registry MERS Eleven Oregon counties are suing a mortgage-industry company that registers loan sales, circumventing public property records. |
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