Tag Archives: Foreclosure

Scott Walker Screws Wisconsin Again

This probably shouldn’t come as a shock, but it does. Out of the $26 billion dollar settlement reached yesterday across 50 states regarding foreclosure fraud, $31.6 million is going to the Wisconsin state government. Governor Scott Walker has already drawn … Continue reading

Posted in Scott Walker Watch | Tagged , , , , | 10 Comments

A Big Victory in the Fight Against Foreclosure Fraud

Not to be confused with New York Attorney General Eric Schneiderman’s investigation of the mortgage industry recently announced by President Obama during the State of the Union, a join investigation by attorneys general in all 50 states which has been … Continue reading

Posted in Corporate Crime | Tagged , , , , , | 16 Comments

Schneiderman on the Mortgage Industry Investigation

Rachel Maddow interviews New York Attorney General Eric Schneiderman concerning the new investigative unit recently announced by President Obama and Eric Holder tasked with investigating the packaging of mortgage-backed securities and the consequences thereof. Needless to say even with a … Continue reading

Posted in Corporate Crime | Tagged , , , , , , | 4 Comments

Corporations Are (Good) People

According to Mitt Romney, “the banks” aren’t bad people. In fact, they’re just as scared as you are of the Obama Administration and their job-killing regulations and “uncertainty.” Or something. Romney was standing outside a Fannie Mae-foreclosed home in a … Continue reading

Posted in Economy | Tagged , , , , , , | 5 Comments

Mitt Romney’s “Elite” Investments

As Mitt Romney’s tax return and financial disclosure forms continue to be analyzed, new details of his shady financial dealings, the sources of his vast wealth, are coming to light. Examination conducted by the LA Times has revealed that Romney … Continue reading

Posted in Election 2012 | Tagged , , , , , , | 5 Comments

50 Years of Foreclosure

From the department of “Holy Shit.” A new USA Today report suggests the consequences of the Bush “Ownership Society” and Wall Street’s mortgage-backed security scam could be with us for many years. Perhaps even 50. USA Today reports on new … Continue reading

Posted in Housing Market | Tagged , , , | 13 Comments

Where In Mayor Bloomberg Says Stupid Things

I’m still trying to wrap my head around how a man, who is clearly not a dummy, could say something this, well, dumb. “I hear your complaints,” Bloomberg said. “Some of them are totally unfounded. It was not the banks … Continue reading

Posted in Housing Market | Tagged , , , , , , | 9 Comments

Every Day Is Opposite Day

Hot on the heels of Mitt Romney’s suggestion that the real solution to the housing market is to have even more foreclosures, Herman Cain debuted his own ideas today. CAIN: I know people don’t like this, but no. Because then … Continue reading

Posted in Wingnuts | Tagged , , , , | 7 Comments

Foreclosing On Bank of America

After foreclosing on a couple who didn’t even have a mortgage, Bank of America got more than they bargained for. Florida homeowners Maurenn Nyergers and her husband paid for their home in cash, and never took out a mortgage, so … Continue reading

Posted in Housing Market | Tagged , , | 4 Comments

Worst Persons in the World

The Heritage Lakes Homeowners Association in Texas for foreclosing on the home of an Iraq war soldier on active duty — because of an unpaid $800 homeowner’s association fee. Yes. Really. In Texas, homeowners’ associations can foreclose on homes without … Continue reading

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