Posts Tagged suing banks
David vs Goliath (Bank Fraud Post)
Posted by admin in Foreclosure Defense, Fraud Recovery on March 20, 2013
by Brian Mahany The following post is an email from a client. It is reposted with permission. For privacy reasons, we have changed her name to “Jane” and redacted identifying information. Brian, I spent some time this AM reading your blog posts on my case and “Legal Abuse Syndrome”. Well done, and thank you. I [...]
Attorney General Confirms – Big Banks Are “Too Big To Jail” (Bank Fraud Post)
Posted by admin in Foreclosure Defense, Fraud Recovery on March 8, 2013
by Brian Mahany Wednesday was a sad day for the American public, good government and law enforcement. U.S. Attorney General Eric Holder appeared before the Senate Judiciary Committee and answered questions about the financial crisis and the response of the Justice Department. When asked why no big banks have been prosecuted, Holder admitted what we [...]
Brits Fine Lloyds Banking Group For Payment Delays
Posted by admin in Fraud Recovery on February 20, 2013
by Brian Mahany We don’t discuss offshore stories very much unless it involves taxes. Seeing one of Great Britain’s leading dinged by regulators is worth discussing, however. Lloyd’s is one of the largest banks in Great Britain. Like some U.S. banks, Lloyds decided to offer payment protection insurance (PPI). This is the type insurance that [...]
JP Morgan Chase Faces Sanctions Over Refusal To Cooperate In Madoff Probe – Bank Fraud
Posted by admin in Fraud Recovery on January 8, 2013
by Brian Mahany America’s “Too Big To Fail, Too Big To Jail” banks have always been favorite targets of ours. Not a day goes by without one of the big banks being in some sort of legal trouble or regulatory hot water. We have heard countless stories of how these lenders have abused their business [...]
David v Goliath – Pro Se Homeowners Beats Freddie Mac In Foreclosure Appeals Victory
Posted by admin in Foreclosure Defense, Fraud Recovery on January 3, 2013
by Brian Mahany We like rooting for the underdog. Particularly when the underdog has no lawyer and takes on the Federal Home Loan Mortgage Company (“Freddie Mac”). Freddie Mac is a government sponsored enterprise with over $2 trillion in assets. They certainly can afford great lawyers and take on small homeowners who dare take on the government [...]
The Prophecies Of Doom – Bank And Investment Fraud In 2013
Posted by admin in Foreclosure Defense, Fraud Recovery, Legal Malpractice on December 31, 2012
by Brian Mahany On December 21st, I attended an outdoor doomsday party in New Orleans. The promoters anticipated 10,000 revelers for the big event. My guess is that 500 showed up. Evidently, not many people thought the world was ending or if they did, they found better ways of celebrating than drinking beer in New [...]
“Too Big To Jail” – The Politicians Respond (bank fraud post)
Posted by admin in Fraud Recovery on December 26, 2012
by Brian Mahany We have written many stories about big banks and mortgage companies. In our opinion, they are terrible corporate citizens and are directly responsible for the mortgage crisis and resulting recession. We believe that thousands of people have lost their homes and jobs because of the actions of Allied Home Mortgage, Bank of [...]
“Too Big Too Jail” – Why The Justice Department Sends So Few Bankers To Jail (bank fraud post)
Posted by admin in Fraud Recovery, White Collar Criminal on December 23, 2012
by Brian Mahany For the longest time we have said that the Wall Street elite and big banks were simply “too big to care.” Popular media says they are “too big too fail.” After the Justice Department settled with HSBC Bank, we have added “too big to jail” to the list of their shortcomings. This [...]
Whose Responsible For The Housing Market Meltdown? FDIC Settles With IndyMac CEO
Posted by admin in Fraud Recovery on December 17, 2012
by Brian Mahany There is plenty of blame for the housing market meltdown. Ask anyone on Main Street, America and most will quickly (and correctly) point the finger at the Wall Street and the big banks. Those folks, however, will likely deny everything. Last week the FDIC was successfully able to hold one big bank [...]
Is Bank Of America Targeting Veterans Seeking Interest Rate Reductions (IRRRL’s)?
Posted by admin in Foreclosure Defense, Fraud Recovery on December 10, 2012
by Brian Mahany Earlier this Spring, we wrote about a massive federal false claims action involving Wells Fargo, Washington Mutual, Chase Manhattan Mortgage, Citimortgage, General Motors Acceptance Corporation, Countrywide, Bank of America, US Bank, Fifth Third Bancorp plus a dozen smaller lenders. The government says they were improperly charging fees to America’s veterans seeking Interest Rate [...]
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