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Massachusetts AG Coakley Takes on the Banks | Abigail C. Field

Abigail C. Field- The posse of Wall Street Sheriffs just got bigger: Massachusetts Attorney General Martha Coakley joined Nevada Attorney General Catherine Cortez Masto, New York Attorney General Eric...

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MA Attorney General Martha Coakley & Reg. Of Deeds John O’Brien on NBC...

“The single most important thing we can do to return to a healthy economy is to address this foreclosure crisis,” said AG Coakley.  “Our suit alleges that the banks have charted a destructive path by...

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CAPITAL STRIKE! GMAC stops mortgage lending in MA in response to AG lawsuit

SO WHAT WHO CARES… There are credit unions! Mass AG: “In this state, banks must follow laws. It appears GMAC acknowledges it has a problem following those laws & being held accountable.” WSJ- GMAC...

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Foreclosure Fraud Expert Marie McDonnell Commends Attorney General Martha...

Marie McDonnell, President of McDonnell Property Analytics, Inc., and a pioneer in exposing fraudulent and illegal practices in the mortgage industry through her forensic audits, today commends...

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Prosecuting Wall Street, pt. 2 – 60 Minutes – CBS News

Two high-ranking financial whistleblowers say they tried to warn their superiors about defective and even fraudulent mortgages. So why haven’t the companies or their executives been prosecuted? Steve...

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Secrets of the Bailout, Now Revealed – Gretchen Morgenson

I’ve always said if walls could talk in these secretive rooms, look no further than Gretchen to shut it down with a story. NYT- A FRESH account emerged last week about the magnitude of financial aid...

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LETTER: Attorney General Martha Coakley urges Congress to investigate Ally, GMAC

THE COMMONWEALTH OF MASSACHUSETTS OFFICE OF THE ATTORNEY GENERAL ONE ASHBURTON PLACE BOSTON, MASSACHUSETTS 02108 MARTHA COAKLEY ATTORNEY GENERAL (617) 727-2200 www.mass.gov/ago December 6, 2011 The...

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Barney Frank requests hearing on mortgage abuses at Ally

Just one day after Attorney General Martha Coakley urged Congress to investigate Ally, GMAC, this comes. REUTERS- Congressman Barney Frank on Wednesday asked his colleagues to hold a hearing on alleged...

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In Challenging S.E.C. Settlement, a Judge in Wisconsin Cites a Court in New York

One by One, judges are going to finally have enough of the ponzi’s. To the judges who aren’t turning a blind eye… thank you. NYT- A federal judge in Wisconsin has challenged the Securities and Exchange...

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KABOOOM! Judge Rakoff Says S.E.C. Misled Two Courts in Citi Case

NYT- The federal judge overseeing the Securities and Exchange Commission’s fraud case against Citigroup became even more direct in his criticism of the agency’s actions on Thursday, accusing the...

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Former Ameriquest Employee fired after he reported illegal activity, sued...

Those of you who’ve had any dealings with Ameriquest may find this interesting… Via William McCloskey William McCloskey worked for Ameriquest from November 2004 till March 2005. William was fired after...

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TREVINO vs MERSCORP | MERS Settles, Avoiding Class Action Foreclosure Fee...

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...

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U.S. Plans to Sue Banks Over Mortgage-Related Actions Linked to the Financial...

Yea… OK… Just like you gave them a free pass over the Foreclosure Fraud. Aren’t most working for the Obama Administration? Elections are around the corner! WSJ- Federal securities regulators plan to...

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Citigroup Whistle-Blower Says Bank’s ‘Brute Force’ Hid Bad Loans From U.S.

Keep rewarding these dead beats, making them serve no jail time and they shall continue buying their settlements for as long as they go unpunished! BLOOMBERG- Four years after rotten mortgages helped...

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Review Finds Possible Flaws in More Than 138,000 Bank Foreclosures

Not this word again “Flaw”…it’s FULL   B L O W N   FRAUD! Why wasn’t this review done prior to any settlement? Because they never began any investigation. DealBook- The nation’s biggest banks may have...

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The Bankers’ Subversion of the Rule of Law, Notary and Land Records edition

Abigail C. Filed- Hi For the next couple of weeks, I’m one of the David Dayen subs at FireDogLake–no one person could fill his shoes–and this post ran there earlier today. This version is slightly...

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