Posts tagged compliance fraud
10 banking organizations to address misconduct and negligence (repost)
0Action Date: April 14, 2011 Location: Washington, DC
The Federal Reserve Board on Wednesday, April 13, 2011, announced formal enforcement actions requiring 10 banking organizations to address a pattern of misconduct and negligence related to More >
HUD Audits Accuse Major Lenders of False Claims Fraud
0The Huffington Post reported late yesterday that five of the country’s largest mortgage lenders may have defrauded taxpayers by filing false claims with the Federal Housing Administration (FHA). Confidential audits conducted on More >
New York AG Looks to Link Financial Crisis and Mortgage Securities
1Industry analysts, economists, even lawmakers generally concede that the pooling of risky subprime mortgages into secondary market securities served to fuel the economic collapse that almost brought the nation’s financial More >
Banks float $5 billion deal to settle foreclosure probe: report
0(Reuters) – Major banks are willing to pay as much as $5 billion to settle claims by federal and state officials of improper mortgage foreclosure practices, the Wall Street Journal reported, citing people familiar with the situation.
The banks’ More >
US sues Deutsche Bank over mortgage fraud
1* Bank accused of lying to join US mortgage program
* DoJ says bank profited even as homeowners defaulted
* Deutsche Bank shares fall (Rewrites; adds Deutsche Bank comment, background, byline)
By Jonathan Stempel
NEW More >
INVITE: TODAY Thurs Nov 11th: Fort Lauderdale Happy Hour for Combatants of Illegal Foreclosures
0This is an extension of 4ClosureFraud’s West Palm beach Happy Hour in FORT LAUDERDALE. GO HERE: http://wp.me/pFWnq-3F6
YOU have something to share! Please come and join other Homeowners, Real Estate / BK / Title Attorneys, Realtors, Distressed More >
