David Dayen: Why Trump Didn’t Have to Obstruct Justice: The US No Longer Holds the Powerful Accountable
May 24, 2017
http://www.thefiscaltimes.com/Columns/2017/05/23/Why-Trump-Didn-t-Have-Obstruct-Justice-US-No-Longer-Holds-Powerful-Accountable By David Dayen May 23, 2017 Administration is in crisis. Successive scandals related to possible collusion with Russia and obstruction of justice have put talk of impeachment in the air. Beyond those parallels to Nixon, anti-Trumpers are giddy about the legal pressures building on Michael Flynn, Paul Manafort and a “person of interest” inside the White House, who knowledgeable…[...]
Continue Reading
Continue Reading
Insurance was one of the vehicles by which borrowers were used to create "fees" that were "kicked back" essentially to the Lender or a controlled entity of the Lender. Besides the obvious violation of RESPA, I see another hidden issue --- the duty to mitigate damages imposed on all "injured parties." Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message…[...]
Continue Reading
Continue Reading
The answer is always the same --- follow the money trail to the truth or follow the fabricated paper trail to a grand illusion. Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments. THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER. —————- Since the banks, servicers,…[...]
Continue Reading
Continue Reading
"Unreasonable Prosecution of a Case" "The litigant who takes aggressive but thrifty steps that drive up the fees of his or her opponent must not be able to hang a hat defensively upon his own attorneys' budget conscious approach.... a litigant may exercise its business judgment 'to go to the mat' but it must also recognize that a 'day of…[...]
Continue Reading
Continue Reading
Cites recent Supreme Court decision that gave cities right to sue lenders May 15, 2017 Ben Lane Earlier this month, the Supreme Court ruled that cities have the right to sue banks over discriminatory mortgage lending practices, but the ruling established a standard that might be tough for the city in question to prove. Now, one city is going to…[...]
Continue Reading
Continue Reading
David Dayen Repost: Inside the Abortive FBI Investigation of Illegal Foreclosure in Florida
May 21, 2017
Low-wage workers posed as bank presidents and signed bogus documents that kicked people out of their homes. Illustration by Dola Sun Flashback to May 2016. Inside the Abortive FBI Investigation of Illegal Foreclosure in Florida David Dayen May 31 2016, 4:30am The massive probe threatened to implicate the biggest banks in America, but sent just one woman to prison. Six…[...]
Continue Reading
Continue Reading
https://www.amazon.com/dp/B06XBZFQR2 From Pulitzer Prize–winning journalist Jesse Eisinger, a blistering account of corporate greed and impunity, and the reckless, often anemic response from the Department of Justice. The release date for this book is scheduled July 11, 2017. Why were no bankers put in prison after the financial crisis of 2008? Why do CEOs seem to commit wrongdoing with impunity? The…[...]
Continue Reading
Continue Reading
An Empty Lot, An Idle Backhoe And Pieces of Rubble": NYC Real-Estate Market Is Imploding
May 21, 2017
The stringent capital controls adopted by Chinese authorities on Jan. 1, some of which were specifically designed to curb foreign real-estate purchases, appear to have had their desired effect. To wit: First-quarter property sales plummeted 58% to $4.3 billion, compared with a year earlier, Bloomberg reported, citing data from real-estate brokerage Cushman & Wakefield Inc. And nationwide, the picture wasn’t…[...]
Continue Reading
Continue Reading
A Quarter Of American Adults Can't Pay All Their Monthly Bills; 44% Have Less Than $400 In Cash
May 20, 2017
There was some good news and some not so good news in the Fed's latest annual Report on the Economic Well-Being of U.S. Households. First the good news. The report, based on the Board's fourth annual Survey of Household Economics and Decisionmaking conducted in October 2016, presents a "picture of improving financial well-being among Americans", at least according to the…[...]
Continue Reading
Continue Reading
http://www.zerohedge.com/news/2017-05-19/mortgage-crisis-20-bofa-ceo-wants-slash-down-payments-help-poor-millennials Among a host of other issues, one of the critical things that contributed to the housing crisis of 2008 was the fact that speculative borrowers had nearly no "skin in the game." Anyone who decided they wanted a piece of the rapidly inflating housing bubble could go out and buy multiple houses with no money down or, in some…[...]
Continue Reading
Continue Reading


