Baltimore Sues Wells Fargo, NAACP Backs Off

The city of Baltimore filed a complaint Wednesday against Wells Fargo & Co. in Federal Court claiming, “Wells Fargo’s discriminatory practices, and the resulting unnecessary foreclosures in the city’s minority neighborhoods, have inflicted significant, direct, and continuing financial harm on Baltimore”. Today the NAACP dropped their lawsuit against Wells Fargo & Co. after working with [...]

Lawsuits Canvas Top Mortgage Lenders

Class action lawsuits are popping up across the nation, not a surprise to many.  Law firms are announcing their formation of sub-prime lending task forces and teams. The top players in the mortgage service industry all face litigation: Bank of America, Wells Fargo & Co., JP Morgan Chase & Co. and Citigroup Inc.  In total [...]

Citigroup Agrees To Foreclosure Prevention Plan

Citigroup has reached an agreement with the Senate on legislation that will allow bankruptcy courts to modify the terms of residential mortgages so that judges would have the power to reduce mortgage principal. Sen. Richard Durbin (Dem, Illinois) re-introduced the bill to the Senate.  The plan may be included in the economic recovery package being [...]

• Recent Posts

  • Tax Credit Helps Homes Sales Increase
  • Baltimore Sues Wells Fargo, NAACP Backs Off
  • Qualifying For The New Foreclosure Relief Program
  • Foreclosure Prevention Program, Fixer Upper Or Turn Key Ready?
  • Financial Reform Building Momentum

• Sponsored by

• Archives

  • 2010
  • 2009
  • 2008

• Blogroll

  • Debt Consolidation Solutions