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 Samir Hanef said happened to…[...]
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As we have seen for months there have been a steady stream of cases in which the courts have turned back to the fundamental requirements of due process and the rule of law. Here the court reminds (again) that judicial notice is not a substitute for foundation of facts in dispute AND that the homeowner's right to sue for wrongful…[...]
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Wells Fargo Alert: Shares fall Friday after filing warns 'significant increase' in unauthorized accounts
Aug 4, 2017
https://www.cnbc.com/2017/08/04/wells-fargo-shares-fall-after-filing-warns-may-find-significant-increase-in-unauthorized-accounts.html Wells Fargo shares fall after filing warns may find 'significant increase' in unauthorized accounts Evelyn Cheng | @chengevelyn Lucas Jackson | Reuters Tim Sloan, Chief Executive Officer of Wells Fargo & Company Wells Fargo shares fell Friday after a filing with the U.S. Securities and Exchange Commission showed a new review of the bank's consumer sales scandal could…[...]
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https://www.youtube.com/watch?v=2DAvoAxehGw David Dayen also joins Ring of Fire Radio withScott Millican today. By Scott Millican - August 4, 2017 https://www.youtube.com/watch?v=2DAvoAxehGw Today on Ring of Fire, Investigative Journalist, David Dayen, will join us to unpack the latest Wells Fargo Bank scandal and why he thinks they should receive the corporate death penalty. [...]
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The Mains Event: Demand that Attorney Generals Nationwide comply with LPS/Black Knight Consent Judgement
Aug 4, 2017
[wpvideo xxLrNHXL] Please listen to the West Coast Foreclosure Show. Attorney Charles Marshall interviews former FDIC team leader Eric Mains about his foreclosure battle and FOIA strategy. By K.K. MacKinstry Anyone who knows former FDIC Team Leader Eric Mains knows he is one tenacious ex-banker. In eight years of litigation, every court he has approached for relief has stonewalled…[...]
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Editor's Note: Former Secretary of Treasury Timothy Geitner was instrumental in greasing the runways for HAMP so the GSEs could steal homes. But he also engineered the theft of GSE investor profits while proclaiming Fannie Mae and Freddie Mae to be on the verge of collapse. Instead, the federal government, in an act of unconscionable bad faith, implemented net worth…[...]
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Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays Tonight Southern California attorney Charles Marshall will host the new West Coast Radio Show with Attorney Charles Marshall with guest Eric Mains, former FDIC Team Leader. The West Coast Radio Show will run the first and third Thursday of each month,…[...]
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This court has again returned us to the rule of law. You can't screw up and then blame the victim for the problem or even allow the victim to suffer the damages. So here is a reminder that while it may be difficult to establish a fiduciary relationship between the homeowner/borrower and some bank, servicer or trustee, there is still…[...]
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By Neil Garfield Guliex Decison The Justices of the Fifth District Court and courts especially in California have been interpreting procedural rules, laws of evidence, statutory and common law differently in foreclosure cases than they do in other cases where the issues are identical as to ownership and authority to collect a debt. The Guliex decision, in this case, returns…[...]
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David Dayen: The financial regulation life cycle: write, water down, chip away, obliterate
Aug 2, 2017
By David Dayen, August 2, 2017 The Volcker rule was a sensible principle on the day Paul Volcker announced it in January 2010, in the first Obama administration response to Scott Brown's Senate victory. Financial institutions shouldn't be able to take deposits and use the money to gamble in the capital markets. Simple, right? But that one-sentence rule got pinched…[...]
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