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Foreclosure firm has Halloween party dressed as depressed homeowners

Based on their Halloween costumes from last year, it would not be surprising if employees from foreclosure firm giant Steven J. Baum dressed up this year as homeowners who’ve lost their property thanks to firms like them. In a column from The New York Times Joe Nocera, a former employee…

‘Occupy Lexington Kentucky’ protests in front of JPMorgan Chase

A small group of demonstrators on Thursday joined in solidarity with the “Occupy Wall Street” protesters by assembling outside a JPMorgan Chase bank in Lexington, Kentucky. “We are union members, students, teachers, veterans, families, the unemployed and underemployed,” the group said. “We are all races, sexes and creeds. We are…

JPMorgan fined for contravening Iran, Cuba sanctions

WASHINGTON — JPMorgan Chase Bank has been fined $88.3 million for contravening US sanctions against regimes in Iran, Cuba and Sudan, and the former Liberian government, the US Treasury Department announced Thursday. The Treasury said that the bank had engaged in a number of “egregious” financial transfers, loans and other…

US charges 3 with negligence in WaMu bank collapse

WASHINGTON (AFP) – The US government accused three bankers Thursday with reckless mismanagement that led to the country’s largest-ever bank collapse during the 2008-2009 home loan crisis. In rare charges brought against bankers involved in the home-finance industry collapse, the Federal Deposit Insurance Corporation told Seattle federal district court that…

Exclusive: Bank locks woman out of home illegally

Wells Fargo Home Mortgage illegally locked a Maryland woman out of her home this week as part of a foreclosure action, Raw Story has learned. The woman arrived Wednesday at her condominum in Jefferson, a rural hamlet about an hour’s drive northwest of Washington, D.C., to discover the locks had…

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