Blog Archives

Decoding the GOP Argument Against Punishing Banks for Their Mortgage Crimes

Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks’ Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain …

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Foreclosure Fraud in Maryland: Banks’ Lawyers Accused of Forging 1,000+ Deeds

As if we needed more proof of the outlaw actions of banks and their agents, The Baltimore Sun reports that 1,000 or more Maryland deeds are likely forgeries created by a foreclosure mill. If the accusation is true, the false dee…

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , , , , , , , , , , , ,

Online Buyer Beware: E-Commerce Fraud Is Getting More Sophisticated

As more Americans shop online for the holidays, they’re falling prey to increasingly sophisticated scams. In response, on Cyber Monday, the Justice Department busted 82 sites for allegedly selling counterfeit and pirated goods, …

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , , , , , , , , , , , , ,

Two More Arrested in Madoff Ponzi Scheme

Annette Bongiorno and Joann “Jodi” Crupi, both long-term employees at Bernard L. Madoff Investment Securities, were arrested Thursday and charged with multiple counts of conspiracy, securities fraud, falsifying documents and tax…

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , , , , , ,

Mortgage Lenders May Meet With Foreclosure Task Force Today

A government task force investigating the foreclosure crisis may meet with mortgage lenders as soon as today, Bloomberg News reported.

Attorneys general in all 50 states are investigating claims that lenders used flawed paperwork to foreclose on hundreds of thousands of homes.

Sponsored Links

“The banks want to sit down with the attorneys general. These meetings are being set up,” Colorado Attorney…

Continue reading Mortgage Lenders May Meet With Foreclosure Task Force Today

Mortgage Lenders May Meet With Foreclosure Task Force Today originally appeared on DailyFinance on Thu, 28 Oct 2010 08:06:00.

Filed Under: , , , , ,

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , ,