August 8, 2017

Fannie and Freddie foreclose on almost 16,000 homes in May, almost 4 million since 2008

Fighting Off Foreclosures Fighting Off Foreclosures Editor’s Note:  Fannie and Freddie have foreclosed on almost 4 million homes since the financial crisis of 2008.  The GSEs typically can’t prove they own the loan if it was securitized between 1999 and 2014.  Did you know that Fannie Mae and Freddie cannot accept a note that is …

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Wells Fargo has ripped off Veterans, Auto Loan customers and Homeowners: The Feds do nothing.

Wells Fargo’s legal challenges pile up as the bank tries to rebuild customer trust Kevin McCoy, USA TODAY Published 1:01 p.m. ET Aug. 8, 2017 | Updated 1:26 p.m. ET Aug. 8, 2017  https://www.usatoday.com/story/money/2017/08/08/wells-fargo-legal-challenges-pile-up/548186001/ Play Video Wells Fargo CEO Tim Sloan took over the company last year after the fake accounts scandal. Time (Photo: Justin …

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Wells Fargo customer: It felt like my car was held as extortion

Wells Fargo customer: It felt like my car was held as extortion by Matt Egan   @mattmegan5 August 8, 2017: 10:38 AM ET  http://money.cnn.com/2017/08/08/investing/wells-fargo-auto-insurance-scandal/index.html Wells Fargo CEO: We must get back America’s trust Imagine keeping up with your Wells Fargo car loan payment every month — but having your vehicle repossessed anyway. That’s exactly what …

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