Posts tagged Wells Fargo

Bank Officials Cited in Churn of Foreclosures

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Four million Americans have been foreclosed upon since the beginning of 2007. Here, a boarded up house in Islip, N.Y., in February.

By and J. B. SILVER-GREENBERG - Published: March 12, 2012

Managers at major banks ignored More >

More Time Allowed for Foreclosure Review Requests

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Image via Wikipedia

by Jann Swanson Mortgage Daily Review Feb 15 2012, 10:53AM

Homeowners who think they may have been financially injured due to the actions of mortgage servicers during a foreclosure have additional time to request a review of More >

Why it’s time to break up the ‘too big to fail’ banks

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January 18, 2012: 10:56 AM ET

Customers would benefit, the U.S. government would benefit, and – believe it or not – the big banks themselves would do better. 

By Sheila Bair, contributor

FORTUNE — America is downsizing. Whether it’s the food we eat, More >

JOHN L. O’BRIEN, JR. Register of Deeds Calls for Criminal Action Against the Big Banks, Says they acted like “criminal enterprise”

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NEWS

FOR IMMEDIATE RELEASE Salem, MA January 18th, 2012 Contact: Kevin Harvey 1st Assistant Register 978-542-1724 kevin.harvey@sec.state.ma.us

Saying that the time has come for a full scale criminal investigation, Southern Essex District Register of More >

MERS Settles, Avoiding Class Action Foreclosure Fee Lawsuit

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An 11th-hour settlement is expected to stave off potential class action status in a lawsuit that claims foreclosed borrowers were overcharged for attorneys’ fees that the Mortgage Electronic Registration Systems Inc. did not actually incur.

The More >

AG Gansler: Wells Fargo Settles Over “Pick-a-Payment” Mortgages Company offers loan modifications and pays nearly $1 million to consumers

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For Immediate Release

Media Contact: David Paulson, 410-576-6357 dpaulson@oag.state.md.us

BALTIMORE, MD ( Jan. 5, 2012) - Attorney General Douglas F. Gansler announced today that his Consumer Protection Division has entered into an More >

OCC Chief Counsel Testifies on Efforts to Correct Foreclosure Deficiencies

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TESTIMONY OF JULIE L. WILLIAMS  FIRST SENIOR DEPUTY COMPTROLLER AND CHIEF COUNSEL OFFICE OF THE COMPTROLLER OF THE CURRENCY Before the SUBCOMMITTEE ON HOUSING, TRANSPORTATION, AND COMMUNITY DEVELOPMENT  Of the  COMMITTEE ON BANKING, HOUSING, AND More >

Homeowner Groups Sue to Force Foreclosures

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Members of the Vintage East Condominium Association in Miami Beach got tired of waiting for JPMorgan Chase & Co. (JPM) to foreclose on unit 9, so they sued the bank in February to take control of the property.

In June, more than four years after the More >

The State of the Government’s Loan Modification Program

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The State of the Government’s Loan Modification Program

Total Number of Trial Mods Started:       1,493,107

Canceled Trials:                                         740,240

  • In Trial:                        7.3%           109,076

False Statements

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False Statements Action Date: June 27, 2011 Location: San Diego, CA

California Bankruptcy Judge Laura Stuart Taylor has joined the ranks of judges who will not tolerate fraudulent documents produced by banks to foreclose. Judge Taylor entered an More >

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