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Your Guide To The MASSIVE Bank Lawsuits

[credit provider=”futureatlas via flickr” url=”http://www.flickr.com/photos/[email protected]/3494004845/sizes/z/in/photostream/”] On Friday, the Federal Housing Finance Agency filed suit against 17 banks and over 130 executives for their involvement in selling mortgage securities to Fannie Mae and Freddie Mac that later soured.The lawsuits, which the FHFA has painstakingly built for years, detail multiple instances where […]
Your Guide To The MASSIVE Bank Lawsuits
News

GMAC Filed Phony Documents To Foreclose On Homeowners

[preserve] [/preserve] [preserve] [/preserve] GMAC, one of the nation’s largest mortgage servicers, faced a quandary last summer. It wanted to foreclose on a New York City homeowner but lacked the crucial paperwork needed to seize the property.
GMAC Filed Phony Documents To Foreclose On Homeowners