Orange Beach, Alabama Better late than never, the Attorney Generals of Nevada and Arizona sued Bank of America for “widespread fraud” on the bait and switch of promising that a loan modification is in progress and then foreclosing and selling the house out from under the homeowner at the same time. The Times and [...]
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Phoenix A block away there was one sign still standing that said Holiday Gardens – “covenant restricted” — while the other was nothing but brick since the sign was long gone. A couple of blocks away an old neighborhood watch sign said this was Heatherbrae or some such neighborhood. Side by side both areas [...] New Orleans A harrowing article in the Wall Street Journal documented the success that bottom fishing debt collection agencies are having at ripping the last pennies from working families being crushed in court over relatively small claims. I wish this were news, but of course the story is all too familiar. The big debt predator companies [...] New Orleans In Phoenix this week 35 members of Advocates and Actions did an action on the new “field office” of Fannie Mae to a lame response despite camera crews from five stations whirring away. It was more heartening to read that the Justice Department was using the angle of its authority over bankruptcy law to [...] Phoenix Sitting in the Phoenix office of Advocates and Actions (www.advocatesandactions.org), I had trouble believing Isabelle and Teresa when they told me that when they talked to servicers for Bank of America loans they were talking to B of A representatives in Costa Rica. This was the same Bank of America that received $45 [...] |
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