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31 Mar 2010, 6:18 am
They are AIG, GM, Chrysler and their two automotive-related finance companies, GMAC and Chrysler Financial, respectively. [read post]
30 Aug 2010, 8:34 am
I talk to a lot of homeowners from all over the country every single day, and it’s been like that for almost two years now. [read post]
28 Mar 2007, 7:18 am
(Part 1 and Part 2), I posted about Wal-Mart's application to form a bank, observing that in practical terms, Wal-Mart (like any other major credit provider, such as GECC or GMAC) is in fact acting very bank-like already: What defines a bank? [read post]
12 Feb 2012, 2:37 pm
There’s also $3 billion that’s supposed to be devoted to the refinancing of underwater but current mortgages, but this fund will only apply to mortgages owned by one of the five banks involved in the settlement… Bank of America, JPMorgan Chase, Wells Fargo, Citibank, and Ally Bank/GMAC… and then, only to those current on their mortgage payments. [read post]
5 Feb 2010, 6:05 am
The reason for the rescues during the crisis, such as AIG, or the TARP injections to forestall failures, was not to protect depositors of banks or the FDIC insurance fund. [read post]
12 Jul 2017, 12:38 pm
Texas appeals court finds evidence that Bank of America failed to credit customers' payments in home equity loan foreclosure case, failed to adhere to proper procedure in issuing acceleration and cure letter, and overstated amount needed to cure default. [read post]
7 Sep 2011, 6:37 am
It’s like I went to bed, and when I woke up I was in a world where insurance companies couldn’t seem to stop overpaying claims, the DMV had a drive up window, and Bank of America can’t answer the phone, or hold onto a folder for over an hour. [read post]
9 Nov 2009, 9:47 pm
MANDELMAN’S MONTHLY MUSELETTER ISSUE 5.0 1. [read post]
30 Oct 2010, 6:37 pm
This past week, pretty much every conversation I find myself in has something to do with the MASSIVE FRAUD that has emerged related to our nation’s housing, mortgage, credit, foreclosure and economic crises… see, it’s grown so immense in scope that I don’t even know how to refer to it anymore. [read post]
28 Dec 2010, 10:04 am
Calderon, Chairman of the Senate Committee on Banking Finance & Insurance, sponsored the bill. [read post]
2 Feb 2011, 2:12 am
Should homeowners join Kramer and Kaslow’s “Mass Joinder” lawsuit against Bank of America or any of the other banks being sued by Attorney Phillip Kramer or Attorney Mitchell Stein? [read post]
16 Dec 2008, 5:07 pm
• A hedge fund group of Massachusetts Mutual Life Insurance Co. of Springfield has lost all of its clients' money--more than $3 billion--to the Defendant. [read post]
22 Jan 2011, 7:50 am
But I want to make sure we all understand what’s at the core of this situation… what caused Bank of America, JPMorgan Chase, Wells Fargo, and GMAC, et al, to employ “robo-signers,” and attempt to foreclose using fraudulent affidavits claiming that each bank had lost the actual notes. [read post]
19 Apr 2011, 12:41 pm
The list of servicers, in alphabetical order, includes: Ally Financial/GMAC, Aurora Bank, Bank of America, Citigroup, EverBank, HSBC, JPMorgan Chase, MetLife, OneWest Bank, PNC Financial, Sovereign Bank, SunTrust, U.S. [read post]
22 Jun 2011, 6:07 pm
This is a long, tedious post. [read post]
22 Jun 2011, 6:07 pm
This is a long, tedious post. [read post]
