Mortgage group concerned about payment structures for fines http://www.insidecounsel.com/2013/10/08/mortgage-group-concerned-about-payment-structures?t=litigation Group says large banks have the option to leverage loans they don’t own in order to settle violations BY CHRIS DIMARCO October 8, 2013 • Reprints While the Department of Justice (DOJ) and J.P. Morgan and Chase Co. have still yet to reach a settlement toContinue reading “New Upcoming Fines for JP Morgan and Chase Co.”
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FDIC ($677.4 Billion) Charges Banks With Fraud, Illegal Underwriting Practices « Livinglies’s Weblog
http://livinglies.wordpress.com/2012/08/22/fdic-677-4-billion-charges-banks-with-fraud-illegal-underwriting-practices/ FDIC ($677.4 Billion) Charges Banks With Fraud, Illegal Underwriting Practices Posted on August 22, 2012 by Neil Garfield Has Obama Awakened? Appraisal Fraud Alleged by this Blog is found to be Centerpiece of this Action Editor’s Note: The FDIC claims it studied a rough sampling of the securitized loans and alleges more than 60%Continue reading “FDIC ($677.4 Billion) Charges Banks With Fraud, Illegal Underwriting Practices « Livinglies’s Weblog”