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Showing blog posts tagged with mortgage fraud

100 Days to Fix What Wall St. Broke: Painful to See American Dream 'Rot Away'

Jackie Tortora | Corporate Greed

100 Days to Fix What Wall St. Broke: Painful to See American Dream 'Rot Away'

Wall Street wrecked the economy and banks still are refusing to work with people who are trying to stay in their homes. The Campaign for a Fair Settlement, along with other partners, is calling on President Obama  over the next 100 days  to champion an agenda that would:

1. Hold bankers accountable for their crimes.

2. Keep people in their homes by resetting their mortgages.

Sign the petition here . 

______________________

Diane McCloud shared her story  about her home underwater. Read more from  100 Stories of What Wall Street Broke :

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Big Banks Agree to Settle Charges of Foreclosure Abuse

Arlene Holt Baker | Corporate Greed

Illustration by outacontext/Flickr

Ten of the nation’s largest banks agreed earlier this week to settle charges of foreclosure abuse with federal regulators. After the housing bubble burst, banks allegedly processed foreclosures improperly and mishandled homeowners’ applications for mortgage modifications. The resulting foreclosure crisis hurt all working families. Homes lost value, especially in communities of color that were among the hardest hit.

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People@Work See How America's Unions Make a Difference

Trumka Applauds Schneiderman Lawsuit Against Bear Stearns

Jackie Tortora | Corporate Greed

Photo by Benjamin Dumas.

In an era when the rich and powerful line their own pockets at the expense of workers, homeowners and investors, New York State Attorney General Eric Schneiderman is striking a blow for accountability and equal justice, says AFL-CIO President Richard Trumka. 

Schneiderman just filed a lawsuit against Bear Stearns  alleging that the former investment bank created fraudulent mortgage-backed securities.

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Demand Strong Mortgage Abuse Settlement with Big Banks

Mike Hall | Corporate Greed

Tell your state attorney general to demand real accountability from the Big Banks for the collapse of the housing market by clicking here . The action, sponsored by the AFL-CIO community affiliate, Working America , comes as state and federal officials are negotiating a settlement with the Big Banks for their role in driving the U.S. economy into a ditch and often recklessly defrauding consumers seeking mortgages.

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Take Action

Sign the petition to raise the minimum wage

It’s been four years since low-wage workers got a raise. Sign the petition to tell Congress it’s time to raise the minimum wage.

Click here »

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eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltext.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/literal.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/link.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/li.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezxmltags/ul.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/ezimage.tpl" with resource "design"
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "content/datatype/view/eztext.tpl" with resource "design"
Timing: Oct 02 2013 12:21:12
End
Notice: Oct 02 2013 12:21:12
eZTemplate: Loading template "setup/debug_toolbar.tpl" with resource "design"

Timing points:

CheckpointElapsedRel. ElapsedMemoryRel. Memory
Script start 0.0000 sec0.0135 sec 1,284.6172 KB1,198.9531 KB
Module start 'content' 0.0135 sec0.4614 sec 2,483.5703 KB5,524.1172 KB
Module end 'content' 0.4749 sec4.0272 sec 8,007.6875 KB15,216.5156 KB
End 4.5021 sec  23,224.2031 KB 
Total runtime:4.5111 sec
Peak memory usage:24,970.9219 KB

Time accumulators:

 Accumulator Elapsed Percent Count Average
ini_load
Load cache0.0095 sec0.2099%340.0003 sec
Find INI Files0.0003 sec0.0077%60.0001 sec
Mysql Total
Mysqli_queries2.9695 sec65.7222%10910.0027 sec
Looping result0.0456 sec1.0095%10730.0000 sec
TS translator
TS init0.0022 sec0.0479%40.0005 sec
TS cache load0.0010 sec0.0229%40.0003 sec
TS context load0.0007 sec0.0156%40.0002 sec
Template Total4.4583 sec 98.7% 3 1.4861 sec
Template load0.0062 sec0.1368%30.0021 sec
Template processing4.4519 sec98.5326%31.4840 sec
Template load and register function0.0006 sec0.0136%10.0006 sec
states
state_id_array0.2141 sec4.7380%790.0027 sec
state_identifier_array0.2362 sec5.2284%840.0028 sec
override
Cache load0.0088 sec0.1937%1340.0001 sec
class_abstraction
Instantiating content class attribute0.0013 sec0.0293%390.0000 sec
Sytem overhead
Fetch class attribute can translate value0.0114 sec0.2520%160.0007 sec
Fetch class attribute name0.0205 sec0.4540%330.0006 sec
XML
Image XML parsing0.0180 sec0.3975%160.0011 sec
General
String conversion0.0000 sec0.0004%30.0000 sec
dbfile0.0042 sec0.0932%1000.0000 sec
Total script time:4.5182 sec