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11 state attorney general countrywide lawsuit

Countrywide $122 Billion Mortgage Pool May Drown Bank of America

by Moe Bedard

“The loan modification buy back clause is on a secret Countrywide loan pool in which $122 billion worth of mortgages sold to investors from early 2004 to April of this year. The problem with the clause is that they are policing themselves and no one is watching!”
Putting cherry red lip stick and doing major cosmetic surgery [...]

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State AG’s Take Up Fight for Scammed Homeowners: Are They the Answer to Protecting Homeowners?

by Moe Bedard

Can our nation’s state attorney generals intervene in the markets based on the simple fact that from Wall Street to Main Street, the credit, mortgage and housing bubbles were built on nothing but unfair and deceptive business practices?”
Massachusetts Courts: In roundly rejecting these contentions, the Court stated that Option One and H&R Mortgage “cannot credibly [...]

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