Trump Picks Ex-Goldman Banker Known as 'King of Foreclosures' to Head Treasury

Bankers Behind "Great Foreclosure Machine" Join Trump's Cabinet as Treasury & Commerce Secretaries

Trump Treasury Pick Foreclosed On An Elderly Woman For 27 Cents

A ‘foreclosure king’ in Congress?

Five Years Since The Economic Collapse

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The Banks' Mafia: Robbing Your Fully Paid Home

Just when we thought the big banks couldn't hit a new low - they do...

Bank Of America Employee: 'We Were Told To Lie'

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Bank of America Whistle-blower Bombshell: “We Were Told to Lie” to Rip Off Borrowers | Alternet

Bank of America Whistle-blower Bombshell: “We Were Told to Lie” to Rip Off Borrowers | Alternet
"Bank of America’s mortgage servicing unit systematically lied to homeowners, fraudulently denied loan modifications, and paid their staff bonuses for deliberately pushing people into foreclosure"

Checks Sent To Victims Of Foreclosure Fraud Are Bouncing

Checks Sent To Victims Of Foreclosure Fraud Are Bouncing: Could federal regulators and their cast of private contractors possibly do a worse job of getting relief to families who were wronged during the foreclosure crisis? First, private contractors botched their initial review of banks’ foreclosure files. Then, the Office of the Comptroller of the Currency cut a bad deal with mortgage servicers that pays [...]/p

Senator Elizabeth Warren's opening statement and Q&A at the April 11, 2013 Senate Banking Committee

Elizabeth Warren Tears Into Federal Regulators For Shielding Big Banks

Elizabeth Warren Tears Into Federal Regulators For Shielding Big Banks: Sen. Elizabeth Warren (D-MA) embarrassed government regulators during a Senate Banking Committee hearing on Thursday morning as she demanded to know why they won’t reveal how frequently big banks illegally foreclosed on homeowners. In January, regulators abandoned a case-by-case review of foreclosure fraud conducted by some of the nation’s largest banks in favor of a [...]/p

Bank Of America To Pay $36.8 Million To Military Members For Improper Foreclosures

Bank Of America To Pay $36.8 Million To Military Members For Improper Foreclosures: Bank of America will pay $36.8 million to members of the military it improperly foreclosed on between 2006 and 2010, according to a settlement it reached with the federal government in 2011, the Justice Department announced this week. Bank of America was already paying 142 military members under the original 2011 agreement, but a further [...]/p

Billionaire Speculators' Greed Makes Life Hard For Renters and Would-Be Homebuyers | Alternet

Billionaire Speculators' Greed Makes Life Hard For Renters and Would-Be Homebuyers | Alternet
"The foreclosure crisis in America has had many unexpected twists. But none may be as striking as the latest development: real estate speculators, with billions in ready cash, are swooping into hard-hit locales and buying foreclosed and low-end homes with the same vehemence that created the housing market bubble."

National Security Brief: U.S. Steps Up Role In Fight Against Extremists In Africa

National Security Brief: U.S. Steps Up Role In Fight Against Extremists In Africa: The Wall Street Journal reports today that “The U.S. is markedly widening its role in the stepped up French-led military campaign against extremists in Mali, providing sensitive intelligence that pinpoints militant targets for attack.” U.S. drones have been setting up many of the targets, the Journal reports. French, U.S. and Malian officials say “the new [...]/p

One Man's Story of What Wall Street Broke

One Man's Story of What Wall Street Broke
""100 Stories of What Wall Street Broke" is a project created by the Home Defender's League, which is collecting first-person accounts from homeowners around the country."

California’s New Homeowner Protections Help Reduce Foreclosures By 62 Percent

California’s New Homeowner Protections Help Reduce Foreclosures By 62 Percent: There were fewer foreclosure filings in January than there have been in any month since April 2007, as foreclosures dropped 28 percent from the same month a year ago, according to data from RealtyTrac. And while the drop was significant across the country, no state contributed more to the decline than California, where legislators last [...]/p

Chris Christie Vetoes Help For Homeowners In State Plagued By Foreclosures

Chris Christie Vetoes Help For Homeowners In State Plagued By Foreclosures:  New Jersey is facing a twin crisis of foreclosures and lack of affordable housing, but Gov. Chris Christie (R) recently vetoed two bills that would have brightened the outlook for New Jersey residents [...]/p

Minnesota Democrats Propose Ending Major Foreclosure Abuses

Minnesota Democrats Propose Ending Major Foreclosure Abuses: Democrats in the Minnesota state legislature are attempting to end one of the more pernicious practices that banks have employed in the aftermath of the housing bubble: “dual-tracking,” during which a lender simultaneously starts foreclosure proceedings on a borrower while assessing the borrower’s eligibility for a mortgage modification. A bill doing away with dual-tracking will [...]/p

Romney’s Housing ‘White Paper’: No Plans For Foreclosure Prevention, Just Debunked Right-Wing Rhetoric

Romney’s Housing ‘White Paper’: No Plans For Foreclosure Prevention, Just Debunked Right-Wing Rhetoric:  There’s an old rule of thumb in politics: if you have rotten news to drop, do it late on a Friday afternoon. Mitt Romney tweaked that rule yesterday: if you have a rotten [...]/p