The federal government’s case against banks for duplicitous and potentially illegal mortgage practices may be reaching an unsatisfactory final settlement even as one of the largest perpetrators of foreclosure fraud takes outrageous steps to block further investigation into their actions at the height of the housing crisis. Tens of millions of homeowners remain “underwater,” owing [...]
House padlocked? Pet bird kidnapped? Threatening letters arriving in the mail for no apparent reason? Be careful, because America’s biggest bank is also its biggest perpetrator of fraudulent foreclosures, and it may be coming after you… Bank of America, already neck-deep in litigation and fallout from rampant fraud and mistakes relating to its booming post-recession foreclosure business, has another [...]
Widespread outrage met Bank of America’s recent decision to begin charging fees for customers to use their debit cards, and the nation’s largest bank eventually reversed course and scrapped the $5 charge. But if you think that was the extent of the bank’s venture into controversial fees, you would be wrong. While not as broad [...]
Influencing political figures is nothing new for the menagerie of businesses that make up what we now call “Corporate America.” From elected lawmakers to more obscure government officials to those men and women that, as candidates, candidates seeking to become something in our democracy — from a county clerk on up to President of the [...]
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