Browsing Archive: November, 2011

Senate Votes To Let Military Detain Americans Indefinitely, White House Threatens Veto

Posted by MortgageFraudNC . on Wednesday, November 30, 2011,
Military Detention

First Posted: 11/29/11 06:35 PM ET Updated: 11/29/11 08:15 PM ET

WASHINGTON -- The Senate voted Tuesday to keep a controversial provision to let the military detain terrori...


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Study: African Americans & Latinos Twice as Susceptible to Foreclosures as Whites

Posted by MortgageFraudNC . on Friday, November 25, 2011,

Credit.com Nov. 21, 2011
Credit.com is the source for expert information and news about credit cards, credit scores, credit reports and the credit business.

By Michael Schreiber

The Center for Responsible Lending released a study today that documents a trend in American foreclosures that is startling, yet not surprising. The study, "Lost Ground, 2011: Disparities in Mortgage Lending and Foreclosures," co-authored with the Center for Community Capital at the University of North Carolina, C...

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Whistleblowers ignored, punished by lenders, dozens of former employees say

Posted by MortgageFraudNC . on Wednesday, November 23, 2011,
A Wells Fargo branch in San Francisco. Paul Sakuma/AP file
Mortgage fraud involved many lenders, former employees say

By


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Financial Markets (Wallstreet) are about to crash, pull your money out

Posted by MortgageFraudNC . on Friday, November 18, 2011,
Posted by Ann Barnhardt - November 17, AD 2011 10:27 AM MST

Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management,

It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures an...


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Community Stands Strong to Block an Eviction

Posted by MortgageFraudNC . on Wednesday, November 16, 2011,
Mary Ward with supportersMichelle V. Agins/The New York TimesMary Lee Ward, in hat, on Friday morning with her lawyer Karen Gargamelli, right; Assemblywoman Annette Robinson, in red; and Edna Johnson, an aide to Representative Edolphus Towns.

From inside Mary Lee Ward’s small and sparsely furnished living room in Bedford-Stuyvesant, Brooklyn, it sounded Friday as if a block party was in full swing in the street below. Cars and trucks honked their horns as they passed and almost 200 v...


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Mr. President, Stop the Great Bank Heist!

Posted by MortgageFraudNC . on Tuesday, November 15, 2011,

A New York Times editorial of November 9, 2011 sounded the alarm concerning what I would refer to as the Great Bank Heist. The robbery, however, is not of the banks, but by them, with the Obama administration, I regret to say, helping them, in effect, to rob the public.

Banks and the government are intent on reducing the liability of the banks for their fraudulent and negligent conduct that led to the Great Recession. The two articles that best describe what is going on are the ...


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SHAME ON JAY-Z!

Posted by MortgageFraudNC . on Monday, November 14, 2011,
Jay-Z

After it was revealed that profits from the "Occupy All Streets" shirts would not be shared with protesters, the rapper and Rocawear came under heavy fire.

After news broke that Jay-Z was releasing a line of T-shirts in support of Occupy Wall Street but that profits would not be shared with protesters, the rapper has been under heavy criticism.


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President Obama turning his back on Homeowners with backroom deal!

Posted by MortgageFraudNC . on Friday, November 4, 2011,
President Obama is on the brink of cutting a backroom deal that would give bankers broad immunity for illegally throwing tens of thousands of Americans out of their homes. The Administration is pressuring state attorneys general to abandon an ongoing investigation into the massive "robo-signing" fraud, in exchange for a relatively small payoff by the banks.

To help expose the looming cash-for-immunity deal between the Obama administration and big banks, Occupy Wall Street on Saturday, N...


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Foreclosure review begins today by homeowner request....BEWARE!!

Posted by MortgageFraudNC . on Wednesday, November 2, 2011,

A massive review of as many as 4 million foreclosures nationwide began Tuesday as mortgage servicers seek out borrowers whose cases contain flaws.

The review could impact thousands of Floridians, who as part of the federally-mandated program may be compensated if a review finds they suffered financial harm because of defects in their case.

Letters began being mailed Tuesday to eligible homeowners who were in some stage of foreclosure in 2009 and 2010 alerting them that they can request...


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Judges Are for Sale — and Special Interests Are Buying

Posted by MortgageFraudNC . on Tuesday, November 1, 2011,

A new report details how big business and corporate lobbyists are packing courts with judges who put special interests ahead of the public interest

The Occupy Wall Street movement is shining a spotlight on how much influence big-money interests have with the White House and Congress. But people are not talking about how big money is also increasingly getting its way with the courts, which is too bad. It’s a scandal that needs more attention. A blistering new report details how big bu...


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