All posts tagged "occ"
-
1.3KAccelerationRewind: 2008 Financial Crisis. The Largest Financial Swindling of Citizens in American History
Victims of wrongful foreclosures find justice absent as the banks perpetuating the crimes against them remain too big to be held accountable.
-
3.0KEditors ChoiceSan Antonio-based USAA Federal Savings Bank Fails Regulator Test. Sounds Familiar.
San Antonio-based USAA Federal Savings Bank received a failing grade over evidence of discriminatory or other illegal credit practices.
-
2.2KCFPBCalifornia Wants its Own CFPB
California is planning to replicate on a state level what the Consumer Financial Protection Bureau was created to be, branding it the...
-
2.9KDebt CollectorForeclosure Banker and Trump Cabinet Member Joe Otting Resigns Suddenly Allowing Brian Brooks to Upgrade from Deputy to Comptroller of the Currency, and it’s Not Bitcoin
Former foreclosure banker Joseph Otting resigns but his old pal from OneWest Bank steps into his shoes. Brian Brooks has been a...
-
2.4KDebt CollectorForeclosure King Steve Mnuchin Hires Another Member of the Eviction Gang in Preparation of Another Cash Bonanza at the Expense of the People
Department of the Treasury Secretary Steven Mnuchin apparently enjoyed working with some of his compatriots at OneWest Bank so much that he’s now moving to...
-
1.9KFifth CircuitCitibank Found Guilty of Being a Greedy Junk-Yard Repo Man
Under federal banking regulations, there is a two-year limit on banks maintaining possession of a foreclosed property. The rules stipulate that banks...
-
1.4KMortgage ServicersOneWest Bank paid 24 percent of the Loan Book Value to purchase Mortgage Servicing rights of IndyMac after 2008 Bank failure
After IndyMac collapsed in 2008, the receiver/conservator from the FDIC negotiated a sweet deal for Steve Mnuchin to purchase the loan book...
-
1.7KMortgage ServicersColonial Savings Couldn’t care Sweet FA about Maintaining Flood Insurance for Home Loans
The image above shows that Colonial Savings FA, bought Mortgage Servicing rights from loans after the financial collapse in 2008. It paid...
-
1.2KEditors ChoiceA Former Democrat Becomes a Republican President and Hands His “Ole Pals” Controversial High Powered Positions in His Cabinet
Nine cabinet members, appointees and advisors have donated about $2.8 million to liberal groups and Democratic candidates as well. Mnuchin, for example,...
