Barofsky Discusses AIG's "Giant Middle Finger" Lawsuit Against U.S.
Jan. 8 (Bloomberg) -- Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about
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Jan. 8 (Bloomberg) -- Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about
Forbes- Somewhere in a parallel universe, there’s an American International Group (AIG) that spent September 2008 craftily negotiating with its creditors over credit default swaps,
HuffPO- * Board to meet Wednesday to decide * NYTimes first reported plans to join suit * Ex-CEO Greenberg called Fed 'loan shark' Jan 8
Reuters- Bank of America Corp is looking to sell collection rights on at least another $100 billion of mortgages in the wake of announcing a
Feds Replace Flawed Foreclosure Review With Vague $8.5 Billion Settlement by Paul Kiel ProPublica, Jan. 8, 2013, 9:13 a.m. The Independent Foreclosure Review was supposed
H/T K. McCarthy You can listen to the Oregon Supreme Court oral arguments Live on Jan.8th @3pm PST Go here for replay: http://oregoncourts.mediasite.com/Mediasite/Catalog/catalogs/default.aspx For information
In the years of the housing boom, Spain's banks offered 100% mortgages. Now, while receiving millions in public aid, they are throwing people out of
Bloomberg- Can you ever count paying out billions of dollars to settle claims as a victory? When it comes to mortgages, you sure can. Today
OPB- The Oregon Supreme Court is expected to hear two cases this week involving the mortgage industry's Mortgage Electronic Registration System, also known MERS. When
I knew something was up because I tweeted out on Dec 21, 2012. "Has anyone heard of a foreclosure mill owner who might have been
Just breaking and more info to follow...Stay Tuned. UPDATE 11:01 am: AP- Ten major banks and mortgage companies have agreed to pay $8.5 billion to
What w the victims get from these toxic mortgages? What happens to Angelo Mozilo? Bank of America- Bank of America today announced agreements with the
via Dave Kreiger - Clouded Titles relied on third-party communications from Lender Processing Services's "DeskTop" system. They attested to the facts as genuine when they
via Dave Kreiger – Clouded Titles relied on third-party communications from Lender Processing Services's "DeskTop" system. They attested to the facts as genuine when they
DEUTSCHE BANK NATIONAL TRUST COMPANY, as Trustee Under the Pooling and Servicing Agreement Dated as of November 1, 2005, GSAMP Trust 2005-WMC-2, Plaintiff and Counterdefendant-Appellee,
EMC MORTGAGE CORPORATION, Appellee, v. BARBARA J. KEMP, Appellant. No. 113419.Supreme Court of Illinois.Opinion filed December 28, 2012.JUSTICE FREEMAN delivered the judgment of the court,
Like I said, there was a lot going on over the weekend behind the scenes and now it looks like it's a go. NYT- A
The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the
Appears they too learned about this secret bailout from the media.
NYT- IF you were hoping that things might be different in 2013 — you know, that bankers would be held responsible for bad behavior or
I can tell you that there is a lot going on behind the scenes...just can't point my finger on it....but it's not good. Bloomberg- Leaders
NCBRC- A Michigan state court found that a debtor may oppose foreclosure on the basis that the assignment of the mortgage to the foreclosing party