• National City Bank to pay $35 million for overcharged black and Hispanic borrowers on mortgages from 2002 through 2008. National Bank is now PNC Financial Services Group. National Bank charged with discrimination. Federal [...]

  • Published On: December 23, 2013

    OCWEN TO provide $2 billion in principal forgiveness relief to homeowners throughout the next three years as part of a settlement agreement. The other day a caller said "I used a document preparer or bankruptcy [...]

  • Published On: November 29, 2013

    Cash America International, Inc., one of the largest payday lenders in the country, to pay $19 Million.. The company agreed to reimburse up to $14 million related to debt collection lawsuits and $5 million penalty [...]

  • Con artist threaten to have you arrested or garnish your paycheck unless you pay a debt. More than $221 billion of these loans at the largest banks will hit this mark over the next four [...]

  • Published On: September 28, 2013

    Robert Naugles prepared his own bankruptcy so thought he would charge others for preparing their documents. Sanctioned by Bankruptcy Court. Naugles assumed "the courthouse staff would point out any errors." NOTE - the Court staff [...]

  • Frank Becerra Campos, 66, of San Diego, defrauds Arizona Latinos in a mortgage rescue scam. Collected at least $669,743 in up-front fees “in exchange for loan modification services they utterly failed to provide.” By [...]

  • 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 [...]

  • 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 [...]

  • 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 [...]

  • 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 [...]