All posts tagged "financial crisis"
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807BankersLife After Wall St. Pillaged All the Affordable Residential Homes from Citizens
Be wary of unsolicited offers to purchase your home. Homeowners should be very careful if they respond to any direct solicitation.
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955AccelerationHow the Con Became a Crusade to Light Up the Corruption Which Tore Down America
The disease of corruption and the criminality that greed produces has become the basis of our nation’s governance and its financial systems.
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1.3KAppellate CircuitCFPB Respond to PHH Ocwen’s Claims
Ocwens' Consent Judgment had two sets of obligations: complying with federal and state law, and complying with the fencing-in provisions.
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1.1KAppellate CircuitOcwen Respond to CFPB’s Arguments at the Court of Appeals for the Eleventh Circuit
Even under a traditional res judicata approach, Marra appropriately considered the terms of the Consent Judgment. CFPB’s claims are barred.
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1.1KAppellate CircuitCFPB Argue Against Res Judicata at the Court of Appeals for the Eleventh Circuit
Judge Marra's analysis of the res judicata effect of the Consent Judgment using traditional principles shows that method is inappropriate.
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1.6KAppellate JudgesDiscrimination: Obtaining the Mortgage Loan File and Sanctions In Texas Courts Compared with Illinois
LIT compares Federal District Court Discrimination Cases between African Americans in Ill. and Elder Abuse in TX. The Disparity is Alarming
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1.2KAppellate JudgesState Supreme Court Rules Jury, Not Judge Decides. Not So The Second Circuit, a Federal Court
The State Supreme Court held that the issues should be decided by the jury, not a judge. But truthfully, its decision is...
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1.6KAppellate JudgesFund ‘Em All Mortgages: Why Goodwin Law are the Legal Bouncers for Wall Street Banksters
Big Law's Goodwin has been busy fixing any ‘Problems’ that have arisen since the Financial Crisis of 2008 and LIT investigates ongoing...
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1.2KAppellate JudgesRewind 2008: When You Blow the Whistle On Wall Street Banks, You Take On The Government in America
In 2013, Bank of America’s lawyers somehow convinced a higher appellate court to review Michael Winston's $3.8 Million dollar verdict.
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1.2KAccelerationLaw Firms Making Millions in Fees from 2008 Predatory Mortgage Loan Cases Denied to Homeowners by Same Courts
Judge Nelson puts PRMI on the hook for just over $22 million altogether, with 75% of that sum being awarded to law...
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1.8KAppellate JudgesPHH Mortgage Sued BDF Law Group for the Multi-Million Judgment in Favor of Homeowner Linza
The court’s rulings on the motions filed by the Goodwin Law firm are an indictment of the Barrett firm’s complete failure to...
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2.5KAppellate JudgesJury Awards Homeowner $15.7 Million Punitive Judgment against PHH Mortgage. That Would Be Reduced to Zero by Judges.
When Linza threatened legal action, PHH responded it was a multi-billion dollar company with deep pockets and a “bus load” of attorneys...
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1.5KAccelerationPrimary Residential Mortgage Inc (PRMI) Submits to $24 Million Dollar Appeal Bond in Financial Crisis Toxic Loans Case
Residential Capital filed lawsuits against 12 lenders that originated poor quality loans that ResCap purchased and securitized, including PRMI.
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1.3KAccelerationRewind: The FCIC Report of 2011 Records the Greed of Bankers and the Criminal Theft of Citizens Homes
The profound events of 2007 and 2008 known as the financial crisis or the great recession and blame is documented in the...
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1.6KBankersRewind: 2008 Financial Crisis: Indymac Bank
At the time its July 11, 2008 closure, IndyMac had assets of about $32 billion, making its failure the fifth largest bank...
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689BankersRewind: 2008 Financial Crisis. The Unlawful Homeowner Eviction at 3am and at Gunpoint
Christine Frazer described the raid, saying in the days since the eviction she and her family, including her 85-year-old mother, daughter and...
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1.1KAcceleration$9 Billion in Toxic Loans and Counting
RFC reached settlements totaling approximately $9 billion, with the RMBS Trusts and several of the Monoline Insurers re packaged Toxic Loans.
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2.5KBankersLee Farkas, Mortgage Lending Fraudster, Has Sentenced Reduced to Time Served.
U.S. Judge Brinkema ordered the compassionate release of Taylor, Bean & Whitaker's former chairman and CEO, Lee Farkas, due to susceptibility of...
