Petition: Tell your members of Congress to support the bipartisan Truth in Settlements Act (SB. 1898 and HR. 4324). This bill would require public disclosure of settlement write-offs.

. . .     This bill would require public disclosure of settlement write-offs.   Piggybankblog posted on 08/29/14 Cross linked with galacticconnection   Maybe you heard the news: last week, Bank of America signed a $16.6 billion settlement with the Justice Department in order to avoid prosecution for their part of the fraud and […]

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Seven Reasons People 62+ Need Protect Their Home

. . . .   Seven Reasons People 62+ Need Protect Their Home   Piggybankblog posted 08/29/14 Cross linked with Mandelman I want to be very direct about this: Seniors are at a distinct disadvantage and face serious risks when attempting to pay off mortgages during their retirement years. That’s why by 2011, according to AARP’s study, […]

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Bank of America Is Paying Up for the Mortgage Mess, But Who Will Get the Money?

. . .   BofA Is Paying Up for the Mortgage Mess, But Who Will Get the Money?     Piggybankblog posted on 08/29/14 Cross linked with times.com   The banks has agreed to provide billions of dollars in “consumer relief.” Here’s what that actually means. What Bank of America Did to Warrant a $17 […]

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UPDATED: Firm says Atlanta law partner embezzled $30 million

. . .   UPDATED: Firm says Atlanta law partner embezzled $30 million   Piggybankblog posted on 08/29/14 Cross linked with ajc.com   (Picture of Nathan E. “Nat” Hardwick IV) (Written by (Scott Trubey) –A one-time managing partner of a prominent Atlanta law firm that specializes in real estate closings has been accused by his […]

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BOS discuss impact of MERS on county records

. . .   BOS discuss impact of MERS on county records     Piggybankblog posted on 08/29/14 Cross linked with record-bee.com   The impact of Mortgage Electronic Registration Systems (MERS) on county records was a topic of interest during the Lake County Board of Supervisors (BOS) meeting on Tuesday. District 3 Supervisor Denise Rushing […]

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HSBC, Nomura lose bid to avoid U.S. agency’s mortgage lawsuits

. . .   HSBC, Nomura lose bid to avoid U.S. agency’s mortgage lawsuits   Piggybankblog posted on 08/29/14 Cross linked with reuters.com   (Reuters) – A U.S. regulator can proceed with lawsuits accusing HSBC Holdings Plc and Nomura Holdings Inc of misleading Fannie Mae and Freddie Mac into buying mortgage-backed securities that later turned […]

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DOJ To Give Money From Bank Of America Settlement To Liberal Activist Groups

. . .   DOJ To Give Money From BofA Settlement To Liberal Activist Groups   Piggybankblog posted on 08/28/14 Cross linked with news.yahoo.com   Judicial Watch reports that the Department of Justice is giving liberal activist groups money from a $16.6 billion settlement with Bank of America. The groups benefitting from the lawsuit, according […]

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BofA Settlement and the Need for Legal Aid Lawyers

. . .     BofA Settlement and the Need for Legal Aid Lawyers     Piggybankblog posted on 08/24/14   Cross linked billmoyers.com Last week, Bank of America reached a record-setting $16.65 billion settlement with the Department of Justice for selling toxic mortgage securities during the housing boom. The agreement includes $30 million for […]

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Police Search For Gunman After Fatal Shooting At Clinton Township Bank

. . .   Police Search For Gunman After Fatal Shooting At Clinton Township Bank     Piggybankblog posted on 08/28/14 Cross linked with cbslocal.com CLINTON TOWNSHIP (WWJ) – Witnesses say it’s a wild scene with “police everywhere” after shots were fired — and one person was killed — at a Clinton Township bank. It happened Thursday at a […]

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Holder cuts left in on $17 billion Bank of America settlement

….. . Holder cuts left in on $17 billion Bank of America settlement   Piggybankblog posted on 08/28/14  Cross linked with powerlineblog Radical Democrat activist groups stand to collect millions from Attorney General Eric Holder’s record $17 billion deal to settle alleged mortgage abuse charges against Bank of America, Investors’ Business Daily reports: Buried in […]

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