Tag Archive

Mortgage Debacle Costs Banks $66 Billion as Suits Sap Profit

Published on September 17, 2011 By admin

The following article is brought to you by James Sterngold at BusinessWeek.Com. Faulty mortgages and foreclosure abuses have cost the nation’s five biggest home lenders at least $65.7 billion, according to a tally by Bloomberg News, and new claims may push the industry wide total to twice that amount. Bank of America Corp., the largest […]

U.S. Said Ready To Sue Big Banks Over Mortgages. FHFA To Seek Billions In Compensation: Report

Published on September 2, 2011 By admin

The following is brought to you by William L. Watts at MarketWatch.Com. WASHINGTON (MarketWatch) — A federal U.S. agency is ready to sue more than a dozen major banks, arguing that they misrepresented the quality of mortgage securities they put together and sold in the run-up to the bursting of the housing bubble, according to […]


Published on September 1, 2011 By admin

The following is brought to you by ChaseHomeFinanceSucks.Com LINK TO MHA HANDBOOK Supplemental Directive 11-09: Making Home Affordable Program – Handbook for Servicers v3.3 Now Available Starting today, September 1, 2011, servicers can download Version 3.3 of the Making Home Affordable Program Handbook for Servicers of Non-GSE Mortgages (Handbook) from HMPadmin.com. The Handbook is a […]

An Interesting Case in New York Regarding Home Loans & Home Loan Modifications

Published on August 5, 2011 By admin

The following link is to a very interesting case regarding the abuse of homeowners by Big Banks through home loans, home modifications, and the law, that many of us are currently experiencing. If you are currently in a case, or will be starting a case, the following opinion and order in this case can help […]

Happy 4th of July!!! Do You Feel Like You Have Independence & Freedom Like Our Forefathers Were Working Towards!?

Published on July 5, 2011 By admin

I hope everyone had a great 4th of July!!! This time of year makes me think of our forefathers and what they would have wanted for our Country! The first video is about today’s criminal farthers: the government, the big banks, and the stock market with regards to home loans, modifications & credit cards, what […]