Tag Archives: Mortgage Industry

Scott Walker Screws Wisconsin Again

Posted on February 10, 2012 at 3:00 pm by JM Ashby

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

Posted on February 9, 2012 at 4:45 pm by JM Ashby

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

The Incoherent Winter

Posted on February 3, 2012 at 8:00 pm by JM Ashby

Artist – Dave Granlund In other news, New York State Attorney General Eric Schneiderman, co-chair of Department of Justice’s new investigative unit, filed a lawsuit against Bank of America, Wells Fargo, and JPMorgan Chase for their use of the Mortgage … Continue reading →

Posted in Open Thread | Tagged , , , , , , | 2 Comments

Schneiderman on the Mortgage Industry Investigation

Posted on January 28, 2012 at 5:30 pm by JM Ashby

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

Florida Clown Car

Posted on January 27, 2012 at 8:00 pm by JM Ashby

Artist – RJ Matson In other news, Attorney General Eric Holder announced the creation of an investigative unit, originally proposed in the State of the Union, which will probe misconduct in the bundling of high-risk, sub-prime mortgage loans into triple-A-rated, … Continue reading →

Posted in Open Thread | Tagged , , , , | 1 Comment

We’ll Be Greeted With Flowers

Posted on December 16, 2011 at 8:00 pm by JM Ashby

Artist – John Cole In other news, the Securities and Exchange Commission charged six former top executives from Fannie Mae and Freddie Mac with securities fraud today. The charges allege the executives willfully approved of lies misleading statements regarding their … Continue reading →

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Best Persons

Posted on November 30, 2011 at 5:40 pm by JM Ashby

This could just as easily be a Worst Persons post on behalf of Deutsche Bank, but I’m going to go with Best Persons on account of the sheriff’s deputies and mover’s actions. Yesterday, a Deutsche Bank branch in Atlanta had … Continue reading →

Posted in Ethics | Tagged , , , | 4 Comments

Where In Mayor Bloomberg Says Stupid Things

Posted on November 2, 2011 at 6:10 pm by JM Ashby

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

Moment of Derp

Posted on October 18, 2011 at 4:20 pm by JM Ashby

What is Mitt Romney’s solution to the continued decline of the housing market and the foreclosure epidemic? More foreclosures! “As to what to do for the housing industry specifically — and are there things that you can do to encourage … Continue reading →

Posted in Epic Fail | Tagged , , , , , | 6 Comments

Conservative Brain-Freeze

Posted on October 6, 2011 at 8:00 pm by JM Ashby

I think I’ll pass on the Strawberry Santorum. Artist – Joe Heller In other news, the Fitch Ratings agency is predicting that as many as half of prime mortgage owners will be underwater if home prices fall another 10% as … Continue reading →

Posted in Open Thread | Tagged , , , | 9 Comments