Foreclosure-Fraud

25 Billion Mortgage Settlement Provides Banks Immunity for Minimal Payments

2012-02-09 00:00:00 +0000 UTC | Importance: 8/10

$25 billion settlement with five major banks over foreclosure abuses provides limited relief to homeowners. The agreement settled widespread ‘robosigning’ practices where banks mass-signed foreclosure documents without proper review. While nominally $25 billion, only $1.5 billion went …

Eric Holder Bank of America JPMorgan Chase Wells Fargo Citigroup +2 more prosecutorial-capture settlement-abuse foreclosure-fraud immunity-deal financial-corruption +1 more

Pam Bondi Fires Foreclosure Fraud Investigators After Campaign Donations from Lender Processing Services

2011-05-01 00:00:00 +0000 UTC | Importance: 9/10

Florida Attorney General Pam Bondi pressured two senior prosecutors, June Clarkson and Theresa Edwards, to resign from their positions leading the state’s investigation into foreclosure fraud and robo-signing by major banks and mortgage servicers. The attorneys had uncovered massive fraud …

Pam Bondi Pam Bondi Foreclosure Fraud Corruption Pay-to-Play Florida