Archive for: OCC

Are You Fricken Kidding Me!? Independent Foreclosure Review to Provide $3.3 Billion in Payments, $5.2 Billion in Mortgage Assistance

. . . . Pause intro music down below. Independent Foreclosure Review . Piggybankblog posted on 01/07/13 Press Release OCC WASHINGTON — Ten mortgage servicing companies subject to enforcement actions for deficient practices in mortgage loan servicing and foreclosure processing have reached an agreement in principle with the Office of the Comptroller of the Currency [...]

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State AGs Probing Sales of Credit Card Debt

/. . . .. You can pause intro music down below. State AGs Probing Sales of Credit Card Debt . Piggybankblog posted on 09/20/12 Piggybankblog posted picture Cross linked with americanbanker.com A group of state attorneys general is investigating how major banks process and sell delinquent credit card accounts. Attorneys representing Mississippi Attorney General Jim [...]

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Piggybankblog Posted JPMorgan faces money laundering probe

. . . .. You can pause intro music down below. JPMorgan faces money laundering probe . Piggybankblog posted on 09/15/12 Cross linked with reuters U.S. anti-money laundering laws is being reviewed by a banking regulator, a source said, making the largest U.S. bank the latest target of a wide investigation of how banks prevent [...]

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Lawmakers Push to Increase White House Oversight of Financial Regulators. One of the Worst Ideas from Congress in Decades

. . .   .. You can pause intro music down below. Lawmakers Push to Increase White House Oversight of Financial Regulators . Piggybankblog posted on 09/12/12 Cross linked with nytimes.com Financial regulators may face a new obstacle in their efforts to police Wall Street. Lawmakers are pushing a bill that could curb the influence [...]

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Piggybankblog Posted Banks’ Disorganization Pushed 800,000 Homeowners Into Unnecessary Foreclosure: ProPublica

. . .   .. You can pause intro music down below. Banks’ Disorganization Pushed 800,000 Homeowners Into Unnecessary Foreclosure . Piggybankblog posted on 09/11/12 Piggybankblog posted picture Cross linked with huffingtonpost.com Over the past several years, we’ve reported extensively on the big banks’ foreclosure failings. As a result of banks’ disorganization and understaffing — [...]

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