Senator Elizabeth Warren: The Unfinished Business of Financial Reform

Just when we thought the big banks couldn't hit a new low - they do...

Bank Of America Employee: 'We Were Told To Lie'

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What about the big bankster launderers in big banks?

Bank Of America Has Provided No Mortgage Principal Relief Under The Foreclosure Fraud Settlement

Bank Of America Has Provided No Mortgage Principal Relief Under The Foreclosure Fraud Settlement: The nation’s five biggest banks agreed to a $25 billion foreclosure fraud settlement back in February that required them to provide $17 billion of mortgage relief to troubled homeowners. However, one of the banks, Bank of America, is hardly holding up its end of the bargain. According to a new report, as of June 30, [...]/p

Bank Of America Fails To Hold Up Its End Of Foreclosure Fraud Settlement

Bank Of America Fails To Hold Up Its End Of Foreclosure Fraud Settlement: When it comes to getting borrowers through foreclosure prevention programs, Bank of America has lagged the other large mortgage servicers in the country for years. Initially, the bank blamed its borrowers for the lack of success, before eventually acknowledging that its mortgage modification processes are wholly inadequate. According to a report today in Bloomberg News, [...]/p

U.S. Told Banks To Make Contingency Plans For Collapse - 'And This Time, We Really Mean It'

U.S. Told Banks To Make Contingency Plans For Collapse - 'And This Time, We Really Mean It'
"They're assuming, of course, that the banks actually believe them. If I were in charge of a big bank, what reason would I have to believe that the U.S. government isn't going to come to my rescue if I bet the house again - and lose?"

Bank Of America Cancels Foreclosure Auction On Minnesota Home After Occupiers Take Action

Bank Of America Cancels Foreclosure Auction On Minnesota Home After Occupiers Take Action: Bank of America has decided to renegotiate the terms of a Minnesota homeowner’s mortgage just days before it was scheduled to be auctioned off following a week of action by activists with Occupy Our Homes MN and other groups. Ruby Brown began fighting the foreclosure more than five years ago. She found out last week [...]/p