LoanDepot.com sued for foreclosure

by Fraud Stoppers Admin | Sep 4, 2017 | Foreclosure Defense News, Tactics, and Tips

LoanDepot.com sued for foreclosure by  The West Virginia Record | ELKINS – A couple is suing LoanDepot.com after they claim it wrongfully began foreclosure proceedings on their home. Arlie C. Addington and Rena Sue Addington have a mortgage loan insured by the Federal...

Banks Accused Of Pocketing $240M In Foreclosure Billings To US

by Fraud Stoppers Admin | Jun 29, 2017 | Foreclosure Defense News, Tactics, and Tips

Banks Accused Of Pocketing $240M In Foreclosure Billings To US Banks Accused Of Pocketing $240M In foreclosure billings To US. Bank of America, Wells Fargo, JPMorgan Chase and Citigroup are accused of scamming U.S. agencies out of some $240 million in a False Claims...

Wells Fargo bogus accounts balloon to 3.5 million: lawyers

by Fraud Stoppers Admin | May 13, 2017 | Foreclosure Defense News, Tactics, and Tips

Wells Fargo bogus accounts balloon to 3.5 million: lawyers Wells Fargo & Co may have opened as many as 3.5 million unauthorized customer accounts, far more than previously estimated, according to lawyers seeking approval of a $142 million settlement over the...

Judge Skewers Wells Fargo at Hearing on Phony-Accounts Scandal

by Fraud Stoppers Admin | May 6, 2017 | Foreclosure Defense News, Tactics, and Tips

Judge Skewers Wells Fargo at Hearing on Phony-Accounts Scandal SAN FRANCISCO (CN) — A federal judge Thursday appeared skeptical of Wells Fargo’s claim that its board of directors was unaware of the scope of the phony accounts scandal that already has cost the bank...

Chinese group becomes biggest shareholder of Deutsche Bank as investors revolt

by Fraud Stoppers Admin | May 6, 2017 | Foreclosure Defense News, Tactics, and Tips

Chinese group becomes biggest shareholder of Deutsche Bank as investors revolt Conglomerate HNA has upped its stake in the bank to 9.92 percent as a result of a voting rights announcement and share package worth £2.8billion (€3.4bn). The Chinese have replaced the...