Bank allegedly submits false evidence in foreclosure proceedings, 10,000 times per month; Feds, apparently complicit, yawn

From WaPo   Some of the nation's largest mortgage companies used a single document processor who said he signed off on foreclosures without having read the paperwork - an admission that may open the door for homeowners across the country to challenge foreclosure proceedings. As head of Ally's foreclosure document processing team, 41-year-old Jeffrey Stephan was [...]

By |2010-09-22T22:03:35-04:00September 22nd, 2010|Economy|1 Comment

Trapped in Underland

What a fitting coincidence that the DVD version of Tim Burton’s "Alice in Wonderland" movie was released last week, and the Senate also passed that strange financial reform bill! Starting with the ObamaCare mess, and now with this most recent piece of ill-begotten legislation, I feel like Alice, fallen down a rabbit hole and into [...]

By |2010-05-26T20:25:24-04:00May 26th, 2010|Healthcare|2 Comments

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