Archive for the ‘Uncategorized’ Category

All Rise! The Honorable Judge Wright has left The Court of Public Opinion! Please Be Advised “John’s Daily Blog” Has Been Discontinued At Piggybankblog!

. . .     All Rise! The Honorable Judge Wright has left The Court of Public Opinion!     October 5th, 2014 Written by John Wright   Please be advised the “John’s Daily Blog” portion of Piggybankblog.com has been discontinued due to a lack of interest shown in donator turnout and due to personal […]

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Why Bank of America CEO Brian Moynihan’s promotion spells bad news

. . .     Why Bank of America CEO Brian Moynihan’s promotion spells bad news   Piggybankblog posted on 10/04/14 fortune.com article   Wall Street’s watchdogs, let out to run after the financial crisis, are slowly being put to sleep. Another one just got sent to the pound. On Wednesday, Bank of America announced […]

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BernankeThat Ben Bernanke Even Wants A Mortgage Tells Us That The Mortgage Interest Deduction Should Go

. . .   That Ben Bernanke Even Wants A Mortgage Tells Us That The Mortgage Interest Deduction Should Go   Piggybankblog posted on 10/06/14 Forbes Article There was much chuckling last week when Ben Bernanke revealed that he had tried to refinance the mortgage on his house and had been refused. Seriously, the ex-head of […]

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Everything That’s Wrong With the Federal Reserve Bank

. . .     Everything That’s Wrong With the Federal Reserve Bank   Piggybankblog posted on 10/13/14 Forbes.com article   The most astonishing revelation I learned about the nation’s central bank is that it does not have the capability of discovering when one of the large money center bank members becomes insolvent. Larry Summers, […]

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Bill Moyers & Company Full Show: Too Big to Jail?

. . .   Bill Moyers & Company Full Show: Too Big to Jail?   Piggybankblog posted on 10/03/14 billmoyers.com article   Attorney General Eric Holder’s resignation last week reminds us of an infuriating fact: No banking executives have been criminally prosecuted for their role in causing the biggest financial disaster since the Great Depression. […]

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You Know It’s a Tough Market When Bernanke Can’t Refinance

. . .     You Know It’s a Tough Market When Bernanke Can’t Refinance   Piggybankblog posted on 10/03/14 bloomberg.com article   Ben S. Bernanke said the mortgage market is so tight that even he is having a hard time refinancing his own home loan. The former Federal Reserve chairman, speaking at a conference […]

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CitiMortgage, Wells lose bid to end lawsuit over credit reports

. . .     CitiMortgage, Wells lose bid to end lawsuit over credit reports   Piggybankblog posted on 10/01/14 reuters.com article   Oct 1 (Reuters) – Wells Fargo Bank and Citigroup’s mortgage unit must face claims that they violated federal law by falsely notifying credit reporting agencies that thousands of homeowners went through bankruptcies […]

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Judge gives Kalamazoo County green light to sell woman’s home after property tax mistake

. . .   Judge gives Kalamazoo County green light to sell woman’s home after property tax mistake   Piggybankblog posted on 10/03/14 fox17online.com article      KALAMAZOO COUNTY, Mich. — A Kalamazoo County judge has sided with county officials in a dispute where a Richland woman says her home is being seized over a property […]

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90-year-old Middleburg woman facing eviction

. . .     90-year-old Middleburg woman facing eviction     Piggybankblog posted on 10/03/14 firstcoastnews.com   MIDDLEBURG, Fla. — A 90-year-old woman is facing eviction from her home for not paying on a mortgage, a loan she claims she never made. But after our inquiries, Wells Fargo tells us they are putting the […]

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Racketeering Lawsuit over Robo-Signing Can Proceed

. . .   Racketeering Lawsuit over Robo-Signing Can Proceed   Piggybankblog posted on 10/01/14  troydoucet.com article   Yesterday, a federal appeals court ruled that a RICO lawsuit against Bank of America, its law firm, a law firm employee, and MERS could proceed. The United States Court of Appeals for the Sixth Circuit ruled that […]

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