Stealing the Homes of America


BANK OF AMERICA FIGHTS COURT BATTLE OVER PURGE OF NEARLY 2 BILLION FORECLOSURE RECORDS “The flow chart shows that Bank of America corrected the lack of endorsements on original notes in open, active foreclosures by using unauthorized workers to surrogate sign endorsements on original notes with … [Read more...]

Here’s what Wells Fargo did to trigger a $1 billion fine

  Compliance programs, auto insurance and mortgage problems cited by federal regulators Unlike many of the scandals that have triggered billion-dollar penalties for banks, the problems that led to a 10-figure federal government settlement for Wells Fargo & Co. don’t appear to have … [Read more...]

Wells Fargo Caught In Yet Another Scandal


Given the seemingly unceasing stream of scandal that has flowed out of Warren Buffett's favorite bank, Wells Fargo, it's hardly surprising that after doing everything from illegally repossessing the cars of American soldiers to fraudulently "cross-selling" credit cards and other products to millions … [Read more...]

VA Loans Create Opportunity and Responsibility


A recent crackdown on loan churning promotes transparency, but more education is needed. By Kraig Spence, manager, Churchill Mortgage's Columbia, Maryland, branch | Housing may be one of the strongest sectors of the economy right now, but some 10 years ago the mortgage meltdown and resulting … [Read more...]