Friday, December 26, 2025
Tag:

mortgage crisis

Foreclosure mills run rampant, justice may be imminent

If you follow the money at several major foreclosure mill firms, the abuses being discovered at various levels are astounding. One state is investigating, will others follow?

DOJ revises web transcript of 2012 Eric Holder speech

When it was discovered that Eric Holder misstated facts about the Mortgage Fraud Task Force, the DOJ initially issued a press release to correct the record, but has now made the situation worse by editing the original transcript, scrubbing it of errors.

JPMorgan staff that allegedly hid $6B in losses to be jailed

Two arrests are finally set to be made in JPMorgan's "London Whale" case wherein the bank allegedly covered up $6B in losses - will more arrests follow?

Eric Holder misled Americans about mortgage fraud

Eric Holder has overstated facts about the mortgage fraud task force formed to seek out and punish wrongdoing, raising additional questions about the crisis.

City invoking eminent domain on underwater houses

Local governments in California are known to launch experiments, but invoking eminent domain on underwater mortgages is raising questions and eyebrows across the nation.

BoA sued for lying, denying applications for bogus reasons

Former Bank of America staff members are coming forward, alleging bank policies that forced employees to lie to homeowners and in some cases, illegally foreclose.

Wells Fargo foreclosing on home for overpaying mortgage

Wells Fargo has taken a harsh tone in the case of a homeowner who sent in too much money one month in an effort to get ahead during the trial period of his loan modification.

Court rules that MERS meets definition of beneficiary

MERS, once blamed for the entire housing crash, is now being affirmed by judges - could more courts and more states rule in favor of MERS as the tides turn?