…I’ve said for quite awhile that the rule of law was broken in the financial system with the failure to hold the banks accountable as they were given blank checks during the bailouts. One example of this is the bias against fraudulent foreclosures. If you as a person write a check to a third party […]
Food for thought. Please note the Senator isn’t advocating for raising the wage to that rate, only “minding the gap”. (Raising it now that high would have some serious negative economic consequences.) Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
…the only thing we mere mortals can do is vote with our few dollars. If you do business with HSBC, I encourage you to read this article, then withdraw your funds from them. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
Maybe. As Taibbi writes, it’ll depend on the actual wording of the settlement. I’m less optimistic than he is about it. I’m also curious where the money from said settlement would go? To the people who were affected by this perjury? Or to the State, for their use (ostensibly) in preventing and/or perusing offenders? Bookmark […]
Also filed in Economy, Law, Mortgages, Villians
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Tagged bad bets, Bankrupt, Bankruptcy, Banks, Dumb Banks, Economy, End of the Rule of Law, Foreclosure, Foreclosures, Housing, Housing Market, Housing market still sucks, Housing recovery, Mortgages, Rule of Law, Shady Mortgage Industry Bastards, Villians, Wall Street
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…cross posted from NegativeCreditLine. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
No, Steve Jobs brought us Apple. Our American system enabled its success, just as its corruption enabled the housing bubble and the chaos that has followed. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
What’s surprising about this being news is that it’s news. When we went through our personal housing crisis over two years ago, this was readily apparent. Even when our 2nd mortgage sold it to another company at a discount, the 2nd company refused to even consider lowering our interest rate. Their loss, in the end. […]
As it should be. There was a time I believed in the invisible hand and in the free market, in the notion that corporations would do right by the people. That belief, like Santa Claus and the Tooth Fairy, was nothing more than a fairy tale. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare […]
The fraud perpetrated on the Court, Debtors, and trustee would be shocking if this Court had less experience concerning the conduct of mortgage servicers So begins the Judge’s conclusion in one bankruptcy case concerning a clearly fraudulent mortgage servicer and owner. Well worth the read, via the NACA blog. Bookmark on DeliciousDigg this postRecommend on […]
Still not a good market, folks. Unless you can tolerate further loss and/or are planning for the purchase to be your “forever” home, it is generally not a good time to buy. Bookmark on DeliciousDigg this postRecommend on Facebookshare via RedditShare with StumblersTweet about itSubscribe to the comments on this post
