AIG breakup nets Wall Street $1 billion bonanza
” Wall Street banks and lawyers could collect nearly $1 billion in fees from the Federal Reserve Bank of New York and American International Group Inc to help manage and break apart the insurer, The...
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AIG Waived Rights in Bailout: NO SUBROGATION=PAID IN FULL
EDITOR’S NOTE: LISTEN UP! It’s easy to pass over these reports with the thought that it merely points out chicanery you already knew was about. But this one confirms what I’ve been saying for three...
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Your Property Insurance vs. Current Appraisal
A reader asked about a post I had written a long time ago about property insurance. Her question relates to the realities of today’s marketplace. First, she wants to get her premium down because the...
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The US Government and the Foreclosure Crisis: Out of Ideas or Out of Will?
It’s old news that federal housing agencies need better ideas about what to do about the foreclosure crisis. The new development is that they realize it and have issued a blunderbuss “RFI” (request...
View ArticleDavid J. Stern Insurer, Admiral Insurance Company Files Lawsuit, Says it...
Stern insurer wants out of policy, says it doesn’t cover claims involving “fraud” by Kim Miller An insurer for former foreclosure giant David J. Stern wants out of its policy, saying in a lawsuit that...
View Article$50 – $100 Billion | White Paper – Is FHA the Next Housing Bailout?
Joseph Gyourko1 Martin Bucksbaum Professor of Real Estate, Finance, and Business & Public Policy The Wharton School University of Pennsylvania ~ Is FHA the Next Housing Bailout? Introduction Yes,...
View ArticleTwo Bank of America Fraud Whistleblowers Settle Claims, Including Former...
Hagens Berman: Two Bank of America Fraud Whistleblowers Settle Claims, Including Former LandSafe/Countrywide Employee Who Earned $14 Million Reward — BAC SEATTLE, May 29, 2012 (GlobeNewswire via...
View ArticleForced Placed Insurance of $18,000 a Year | Wells Fargo and Insurer Gouged Me...
Lender and insurer gouged me — and others — Florida homeowner says Think your homeowners insurance is outrageous? Mark Kunzelmann likely has you beat. Kunzelmann, a 49-year-old network specialist, let...
View ArticleThe Young Turks | Dying Daughter’s Health Insurance Cut By Wells Fargo? (VIDEO)
Wells Fargo allegedly fired an employee because his dying daughter needed expensive cancer treatment, according to a lawsuit filed in Palm Beach County Court on Thursday. Wells Fargo fired mortgage...
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OUTRAGE! Of The Day- Forced Place (Insurance)
The banks are jacking Americans every single chance they get. There really is no holding them back. No self-imposed restraint and not a single elected or government official that is standing up to...
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