• 8.5 Billion Foreclosure Settlement

    Published On: September 11, 2013

    Big banks settle: to Pay $8.5 Billion to settle claims of wrongful foreclosure actions. Aurora Bank, Bank of America, Citigroup, J.P. Morgan Chase, Wells Fargo, Sovereign Bank, MetLife, US Bank, SunTrust, and PNC agree to [...]

  • foreclosure, auction and eviction

    Millions $$ Being Released to Arizona Homeowners

    Published On: September 9, 2013

    Millions of Dollars Being Released to Assist Arizona Homeowners Hit by Mortgage Crisis Attorney General’s Office to Expand Mortgage Relief Efforts over Next Three Years Attorney General Tom Horne is today announcing in a press [...]

  • New Mortgage Lending Rules – CFPB Protecting Us Again

    Published On: September 7, 2013

    CFPB announces new rules which provide many protections to consumers, but also offers protection, or "safe harbor," to banks and lenders The answer is "yes" Bully tactics used to scare or coerce buyers. The federal [...]

  • Credit Card Sold to Debt Collectors

    Published On: September 5, 2013

    Debt buying is really big business – buyers paying three cents on the dollar. Encore Financial, one of the largest credit card debt buyers, paid $562 million for $18.5 billion of debt last year, or [...]

  • Arizona Atty General Warns about another Mortgage Scam

    Published On: September 3, 2013

    Scam letter from Fresh Start, based in New York, requires as much as $5,200 up front from a homeowner. According to the Arizona Attorney General "This is a blatant violation of Arizona law.” Article from [...]

  • BofA Gave Staff Bonuses to Foreclose on Homeowners

    Published On: August 30, 2013

    Lawsuit claims Bank of America that gave bonuses to employees to lie to homeowners and to foreclose on homes. The answer is "yes" Bank of America rewards employees for lying and putting borrowers into [...]

  • Citigroup to Pay Fannie Mae $968M for Loans

    Published On: August 28, 2013

    Citigroup to Pay Fannie Mae $968 Million and BofA to pay $10.35 Billion as a result of faulty mortgages. The answer is "yes" Citigroup said on July 1, 2013 that it had agreed to pay [...]

  • miliary family

    Sallie Mae Accused of Overcharging Military

    Published On: August 26, 2013

    Sallie Mae Accused of Overcharging Military Personnel on student Loans The answer is “yes” Servicemembers Civil Relief Act caps interest on loans to military personnel at 6 percent, along with providing protections against default judgments [...]

  • greed written on a rock

    Another Non-Profit Scheme to Steal Homes

    Published On: August 26, 2013

    Keeping Kids in their Home Foundation is a scam. “Someone should never deed their house over to anyone without the bank‘s consent. These guys are predators. It’s just sad and disgusting.” The answer is "yes" [...]

  • Chase Bank sign

    Justice Dept & SEC Investigating JP Morgan Chase

    Published On: August 24, 2013

    Obama Fraud Task Force investigates JPMorgan Chase & Co.’s for bank fraud related to mortgage backed securities. The answer is "yes" The criminal investigation of JPMorgan Chase & Co.’s mortgage-backed securities practice is evidence a [...]