Archive for December, 2010

Ally reaches settlement with Fannie Mae over mortgage-backed securities

Filed December 29th, 2010 joshua

Fannie Mae and Ally Financial Inc. have reached a #462 million settlement agreement which relieves the company from its obligation to buy back trouble mortgages it sold.
Ally, then GMAC, has taken at least $17 billion in federal bail-out money and is 56 percent-owned by the U.S. government. The company, like many of the other “big […]

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Bank of America Hit with Another Foreclosure Class Action Suit

Filed December 27th, 2010 meg

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Banks looting wrongfully foreclosed homes

Filed December 23rd, 2010 joshua

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Obama Signs Exemption to Identity Theft Red Flags Rule

Filed December 22nd, 2010 meg

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Dannon Settles Activia, DanActive Health Claim Suit

Filed December 16th, 2010 meg

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Vitamin maker must refund $2.1M for unsubstantiated claims

Filed December 16th, 2010 joshua

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DirecTV to Pay $13 Million to Settle Consumer Fraud Suit

Filed December 15th, 2010 meg

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Auto warranty robo-calling scam operators face federal judge, admit fault

Filed December 15th, 2010 joshua

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State Attorneys General, Banking Regulators Investigating Foreclosure Problems

Filed December 13th, 2010 meg

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Banks, Fannie Mae and Freddie Mac Pass Foreclosure Moratorium Over Holidays

Filed December 10th, 2010 meg

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