Bank Foreclosure Scandal

'Robo-Signing' Paperwork Breakdown Leaves Many Houses in Foreclosure Limbo By August 2011, a full year after the foreclosure robo-signing scandal first attracted national attention, Bank of America actually took Terry Laughlin, the executive running that division, and.

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The engagement letter between Bank of America and Promontory includes Attachment C, "Promontory’s Conflicts of Interest Policy," a 3-page document. When the Federal regulators that are overseeing the foreclosure reviews released the document to the public, the 3 pages were completely blacked out.

mortgage robo-signing scandal – Find news stories, facts, pictures and video about mortgage robo-signing scandal – Page 2 | Newser. – The chaos over foreclosures widens: Bank of America is. Bank of America and the Department of Justice are near a 16 to 17 billion dollar settlement, the largest agreement between the government and a single.

Banks in $8.5 bln foreclosure abuse settlement By. and the robo-signing scandal – the practice of assigning bank employees to rapidly approve numerous foreclosures with only cursory glances at. The bank eventually completed foreclosure on about 400 of them. in addition to the $185 million wells fargo paid over the unauthorized accounts scandal..

Why The Foreclosure-Gate Scandal Will Only Hurt The Housing Market. Stan Humphries, Zillow. Oct. 12, 2010, 10:05 AM. you and I are mortgage-holding companies like Bank of America, HSBC, and others.

Following the robo-signing scandal, several large banks temporarily froze all pending foreclosures. For some homeowners, the robo-signing mess created opportunities to challenge their foreclosures in court or negotiate with banks to avoid foreclosure. Now, robo-signing happens much less often, but your case might be the exception.

The Foreclosure Scandal Continues (UPDATED). American Banker and Reuters show banks thumbing their nose at the law.

mostly defending his record as CEO of OneWest Bank. He cast himself as a tireless savior for homeowners after scooping up failed lender IndyMac. “It has been said that I ran a foreclosure machine,'”.

Note: Employees and family members residing with employees of wells fargo bank, N.A., its affiliates or subsidiaries or Wachovia Corporation, its affiliates and subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or managed by Premiere Asset Services.

Casino-operating tribes influence sports betting debate The Home Equity Theft Reporter: Florida Bar Expresses Concern About Increases In Title Closing Attorney Involvement In Mortgage Fraud ST. PAUL, Minn. – Native American tribes have emerged as key players in the legislative debates over whether states should legalize sports betting, with some opposing the idea because it could.

Hundreds of people were foreclosed on and lost their homes thanks to an internal calculation error on the part of Wells Fargo, the bank confirmed tuesday. The foreclosures happened after the.