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Summary: Barclays Bank reveals challenges it faces to investors and defends itself against allegations in lawsuits worldwide. The Guardian reports that a document recently sent to shareholders by Barclays exposes the extent of the legal problems facing the bank. The…>read moreNo Comment August 15, 2014
The federal prosecutors seeking out those responsible for the housing crisis of 2008 have just gained an encouraging victory in their case against Bank of America, as the bank was found liable last Wednesday of having sold defective loans that…>read moreNo Comment October 24, 2013
The Hankins fit the picture of a plucky young family buying a fixer-upper– a foreclosed home in small-town Klamath Falls, Ore. for $36,000–that might need some loving attention, some paint, some repairs, but all that was well in the capabilities…>read moreNo Comment October 2, 2012
As reported earlier, the foreclosure law firm of Steven J. Baum PC is shutting down after filing notice with federal labor regulators regarding massive layoffs. The layoffs will occur on February 20 but it is unknown if the firm will…>read moreNo Comment November 23, 2011