. . . Wells Fargo Leads Bank Foreclosure Halt After OCC Guidance Piggybankblog posted on 05/20/13 Cross liked with bloomberg.com Wells Fargo & Co. (WFC), the biggest U.S. home lender, halted some foreclosure sales until it can understand new federal guidelines on seizures sent to the nation’s large and mid-sized banks. The [...]
+Continue Reading. . . . . My name is John Wright AND I AM FIGHTING BACK! All Rise! .The Honorable Judge Wright has left The Court of Public Opinion! . Follow John’s Daily Blog Register to be part of my blog . Your donation makes a difference in my life. …. . . . PRIVACY [...]
+Continue Reading. . . BofA: Schneiderman Has No Rights to Sue Piggybankblog posted on 05/11/13 Cross linked with wsj.com Bank of America BAC +0.85% is pushing back against New York Attorney General Eric Schneiderman, who threatened to sue the bank over alleged violations of last year’s $25 billion mortgage settlement. In a letter [...]
+Continue Reading. . . Bank of America’s Wild Ride — A Legal Side Effect? In a matter of minutes this morning, Bank of America (NYSE: BAC) both rose and fell sharply, leaving investors to wonder what the heck was going on. Sitting at a 0.74% gain just before 10:30 a.m. EDT, the bank is [...]
+Continue Reading. . . U.S. can pursue case against Bank of America over mortgages Piggybankblog posted on 05/09/13 Cross linked withchiagotribune FIRREA law.FIRREA does not yet have much of a track record in court, but the government turned to in the wake of the financial crisis as a potential means to target civil fraud [...]
+Continue Reading. . . Fannie Mae Settles Securities Fraud Class Action Piggybankblog posted on 05/09/13 Cross linked with typepad.com A sprawling securities fraud class action against Fannie Mae and its former auditor, KPMG LLP, is coming to a close. The parties filed notice with a Washington federal judge late yesterday that they had reached [...]
+Continue Reading. . . Chase stops suits against credit-card holders Piggybankblog posted 05/09/13 Cross liked with cbsnews.com COMMENTARY Revelations last year that many of the nation’s biggest banks were illegally evicting homeowners by “robo-signing” foreclosure documents triggered a flurry of federal and state investigations. Now, as American Banker reports, the scandal may be [...]
+Continue Reading. . . JPMorgan’s Jamie Dimon in Hot Swampy Water Again Piggybankblog posted on 05/03/13 Cross linked bluzlink.com Jamie Dimon, one of Wall Street’s biggest swinging dicks is once again swimming in a regulatory swamp land. Despite the unbelievable hubris and blatant disregard for the law, he’s probably not going to suffer [...]
+Continue Reading. . . . . U.S. seizes on ruling to boost Wells Fargo mortgage fraud case . Piggybankblog posted on 04/26/13 Cross linked with foxbusiness.com . NEW YORK – The Justice Department has promptly capitalized on a court victory to bolster a case before another federal judge, citing a ruling on Wednesday that endorsed the [...]
+Continue Reading. . . . . Error claims cast doubt on Bank of America foreclosures in Bay Area . Piggybankblog posted on 04/26/13 Cross linked with baycitizen.org Joji Thomas was desperate to save his home. The San Francisco mechanical engineer sold his car, tapped into his wife’s savings and begged friends for money. In [...]
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