Bank of America getting sued by SEC and DOJ

Bank of America getting sued by SEC and DOJ

I love it. Its about time the banks had to pay for their crookedness. Bank of America is charged with defrauding investors who bought residential mortgage-backed securities (RMBS) from the firm. The Securities and Exchange Commission (SEC) alleges that the bank failed...

This is what investors should be doing

Realtors are going in the field and farming like they used to. They are contacting home owners even before they even think about selling. They are calling, driving and sending mail. They have lots of “pocket listings” this way- people who are considering...
Lenders are upset

Lenders are upset

They say that the rules brought on by the Consumer Financial Protection Bureau go too far in insisting that lenders verify borrowers ability to pay. A new government agency called the Consumer Financial Protection Bureau has been created to protect consumers from...