Showing posts with label Foreclosure Fraud. Show all posts
Showing posts with label Foreclosure Fraud. Show all posts

Thursday, April 11, 2013

Elizabeth Warren Tears Into Federal Regulators For Shielding Big Banks

Elizabeth Warren Tears Into Federal Regulators For Shielding Big Banks: Sen. Elizabeth Warren (D-MA) embarrassed government regulators during a Senate Banking Committee hearing on Thursday morning as she demanded to know why they won’t reveal how frequently big banks illegally foreclosed on homeowners. In January, regulators abandoned a case-by-case review of foreclosure fraud conducted by some of the nation’s largest banks in favor of a [...]/p

Sen. Warren, Rep. Cummings Seek Docs To ID Mortgage Servicers

Sen. Warren, Rep. Cummings Seek Docs To ID Mortgage Servicers
"Sen. Elizabeth Warren and Rep. Elijah E. Cummings sent a letter to Fed Chairman Ben Bernanke and Comptroller Thomas Curry, challenging a decision by agency staff not to supply documents related to violations of federal and state law by mortgage servicing companies. This is why we wanted her, and by gum, it's good to have her!"