Archive for: countrywide

Mozilo Unbowed Says Countrywide Was ‘World-Class Company’

. . . . Pause intro music down below. Mozilo Unbowed Says Countrywide Was ‘World-Class Company’ . Piggybankblog posted on 12/13/12 Cross linked with businessweek.com Countrywide Financial Corp. co-founder Angelo Mozilo said under oath last year that he had “no regrets” about how he ran the mortgage firm and that he only agreed to a […]

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THE GOVERNMENT FINALLY THROWS SOMEONE IN JAIL FOR MORTGAGE CRIMES! A Borrower Who May Be Innocent

. . . . . You can pause intro music down below. THE GOVT. FINALLY THROWS MAN IN JAIL FOR MORTGAGE CRIMES! . Piggybankblog posted on 11/17/12 Cross linked businessinsider It is a topic of neverending frustration. Despite the millions of ridiculous mortgages made during the peak years of the housing bubble, despite the billions of dollars […]

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Rebecca Mairone, BofA Exec Who Allegedly Enabled Fraud, Now Head Of JPMorgan Chase Foreclosure Review

. . . . . You can pause intro music down below. Rebecca Mairone, BofA Exec Who Allegedly Enabled Fraud, Now Head Of JPMorgan Chase Foreclosure Review . Piggybankblog posted on 11/11/12 Cross linked with huffingtonpost.com . by Paul Kiel ProPublica, Nov. 9, 2012, 1:18 p.m. An executive who the Justice Department says facilitated a […]

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Whistleblower Story! Bank Of America Mortgage Fraud: U.S. Attorney Sues For Over $1 Billion Alleging Fraud Against Fannie, Freddie

. . . . You can pause intro music down below United States Federal Government Sues BofA for $1 Billion Over Mortgage Losses . Piggybankblog posted on 10/24/12 Cross linked with yahoo.com The federal government filed a civil lawsuit against Bank of America Corp. (BAC), alleging the second-biggest U.S. bank by assets saddled taxpayers with losses […]

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JPMorgan Rivals Face Billions in Damages After N.Y. Fraud Case

. . . . You can pause intro music down below JPMorgan Rivals Face Billions in Damages After N.Y. Fraud Case . Piggybankblog posted on 10/02/12 Cross linked sfgate.com Oct. 3 (Bloomberg) — JPMorgan Chase & Co.’s rivals may face government lawsuits claiming tens of billions of dollars in damages tied to investor losses on […]

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Piggybankblog Posted Countrywide: It's baaack

. . . . . You may pause the music down below. Countrywide: It’s baaack . Piggybankblog posted on 10/02/12 Cross linked with finance.fortune.cnn.com . FORTUNE –The Federal Reserve’s recent decision to buy mortgage bonds until the economy recovers has made home lending more attractive than it has been in years. The spread between what it […]

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Bank of America settles loan discrimination charges

. . .   .. You can pause intro music down below. Bank of America settles loan discrimination charges . Piggybankblog posted on 09/14/12 Cross linked with washingtonpost.com . Bank of America agreed to settle claims it violated federal law by discriminating against mortgage applicants with disabilities, the Department of Justice said Friday. The nation’s […]

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Campaigns should address the home ownership crisis

. . .   .. You can pause intro music down below. Campaigns should address the home ownership crisis . Piggybankblog posted on 09/11/12 Cross linked story with startribune.com Now that the presidential campaign is entering the home stretch, President Obama and Mitt Romney need to address home opportunity – the cluster of issues from […]

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Bank of America seeks end to lawsuit tied to AIG case

. . . . You can pause intro music below Bank of America seeks end to lawsuit tied to AIG case . Piggybankblog posted on 08/29/12 Cross linked with cnbc.com NEW YORK (Reuters) – Bank of America Corp <BAC.N> is urging a federal court to throw out an unusual lawsuit by its shareholders accusing it […]

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OUT OF THE MOUTH OF JPMORGAN CHASE: SCHEDULE OF LOANS PURCHASED FROM WAMU DOES NOT EXIST; NO ASSIGNMENTS OF MORTGAGE, NO ALLONGES OR ANY EVIDENCE OF TRANSFERRING OWNERSHIP OF LOANS FROM WAMU TO CHASE!

. . . . You can pause intro music below OUT OF THE MOUTH OF JPMORGAN CHASE: SCHEDULE OF LOANS PURCHASED FROM WAMU DOES NOT EXIST! . Piggybankblog posted on 08/23/12 Cross linked with dailypaul.com Confirming, under oath and in print what we already suspected: there is no schedule of mortgage loans evidencing what JPM […]

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