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20 Dec 2010, 11:07 am
On November 16, 2010, the Senate Committee on Banking Housing and Urban Affairs held a hearing on Mortgage Services and Foreclosure Practices which included, Bank of America, among other lending institutions, along with consumer advocates and academics. [read post]
19 Dec 2010, 1:16 am
Million dollar mortgages are defaulting at twice the national average. [read post]
18 Dec 2010, 10:14 am
In a letter to Senate Banking Committee Chair Chris Dodd, that he co-signed with Rep. [read post]
18 Dec 2010, 4:52 am
They’re also good words to have on hand if you’re part of a Financial Crisis Inquiry Commission responsible for authoring a report on what caused the nation’s financial crisis, how the largest financial institutions managed to become permanently insolvent in unison, how these same geniuses managed to destroy the global credit markets and our country’s regulatory credibility over a single summer, and then how they managed, after being shamelessly bailed out by… [read post]
18 Dec 2010, 4:23 am
So, the protestors let the crowd know about the banks getting ready to hold their annual bonus orgy, during which we’re treated to sound bites of how the mega-rich get mega-richer… meanwhile American consumers get lied to, jerked around and in my opinion psychologically abused and even tortured as they try to deal with their banks in an attempt to modify their loans. [read post]
17 Dec 2010, 12:43 pm
The AALS Financial Institutions and Consumer Financial Services Section has two great programs lined up for the Annual Meeting on Friday, January 7th. [read post]
17 Dec 2010, 8:46 am
Two weeks later banks had stopped lending to each other. [read post]
16 Dec 2010, 11:36 am
Diane Thompson, a lawyer with the National Consumer Law Center, has defended hundreds of foreclosure cases. [read post]
16 Dec 2010, 11:36 am
Diane Thompson, a lawyer with the National Consumer Law Center, has defended hundreds of foreclosure cases. [read post]
16 Dec 2010, 9:21 am
” Frank, despite that conversation, appeared on national television two days later and said the companies were “fundamentally sound, not in danger of going under. [read post]
16 Dec 2010, 8:03 am
Between 1973 and 2007, oil imports have risen from 36 percent of energy consumed in the U.S. to 66 percent. . . . [read post]
15 Dec 2010, 8:00 pm
Data source: Federal Reserve Bank of St. [read post]
15 Dec 2010, 6:57 pm
Between 1973 and 2007, oil imports have risen from 36 percent of energy consumed in the U.S. to 66 percent. . . . [read post]
14 Dec 2010, 1:27 pm
(2) Ohio: National City Bank shareholder class settlement (1) October 7 roundup (5) October 28 roundup (9) [read post]
14 Dec 2010, 6:37 am
As banks and their law firms continue to be investigated for rampant wrongdoing, consumers may be successful in seeking to waive deficiency judgments, remove damaging credit marks or seek monetary damages. [read post]
13 Dec 2010, 12:26 pm
(That’s what Bank of America thought about Countrywide.) [read post]
13 Dec 2010, 6:02 am
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]
13 Dec 2010, 6:02 am
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]
11 Dec 2010, 6:08 pm
The Treasurer has announced 3 areas of banking system reform designed to firstly assist consumers, secondly assist smaller lenders and thirdly to secure the financial system. [read post]
9 Dec 2010, 7:24 pm
Then, just give the $9 trillion we’ve pumped into banks for no good reason back to all of the homeowners in the housing market and voila… consumer spending recovers, the crisis solved. [read post]
