Foreclosures nationwide have exposed a swamp of fraudulent documents, but in many parts of Florida, courts have been letting banks ignore the law with impunity. Now, moves by Florida’s Supreme Court and its state bar associatio…
A New Jersey court has invalidated a foreclosure by insisting on a basic concept of due process — that the bank must authenticate the documents it uses to make its case. But in the case of Wells Fargo v. Sandra A. Ford, there …
Bank of America Corp. (BAC) is the subject of a lawsuit that accuses the bank of hiding foreclosure problems that contributed to a drop in its share price.
The suit, filed by a union benefit plan, says Bank of America concealed problems in its record…
Standard & Poor’s downgraded Ireland’s debt rating by one notch on Wednesday due to concerns over possible increased capital requirements by the country’s banks.
Continue reading S&P Downgrades Ireland’s De…
A California appeals court has ruled that U.S. Bank conned Claudia Aceves out of her home by tricking her into giving up her bankruptcy protections. Now she can sue the bank for damages and fraud, and conceivably, so could othe…