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chase sued for mtg discrimination
http://www.foxbusiness.com/markets/2017/01/18/u-s-sues-jpmorgan-for-alleged-mortgage-discrimination.html
There is RIGHT and WRONG... to which do you chose to serve?
Wash yourselves, make yourselves clean; Remove the evil of your deeds from My sight. Cease to do evil, Learn to do good; Seek justice, Reprove the ruthless, Defend the orphan, Plead for the widow... Now did I read that right??? Or did it say worship the ruthless, rape the orphans, and rob the widows? Which side DO YOU STAND????? EVIL or GOOD?
May 2014 Mel Watt-"I don’t lay awake at night worrying about what’s fair to the shareholders.”
Preserve and conserve.... Now how does sweeping all profits do this?
When the Third Amendment was announced the Treasury said we’re going to wind this thing down, we’re going to kill it, we’re going to drive a stake through its heart, and we’re going to salt the earth so it can never grow back!" -Judge Douglas Ginsburg-
The "most" transparent Gov in history feels they need to destroy or hide documents related to their crimes against our company.... it seems the LIGHT might be harmful to them???? What kind of blood sucker are these creatures?
CROOKS FEEDING CROOKS, MTG BUSINESS TO BANKS REALLY ? I KNOW I YANKED ALL MY MONEY OUT BOA & FIFTH THIRD, I'M NOW WITH SUNCOAST CREDIT UNION IN FL, I SUGGEST YOU ALL DO THE SAME.
http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106
So it's OK for NFL owners to enjoy monopoly status, government subsides and has power to get local governments to condemn private property for private use; but its outrageous to ask taxpayers to back the 30 year mortgage and low interest rates for the sake of middle class and lower middle class taxpayer/homeowners. O K.
$FNMA everyone better "hold their water" this week. Going to be bumpy!
This stock will finance my yacht or finance my suicide
The Truth about FNMA. Bill Clinton needed a way to expand what is termed "affordable housing" agenda. (affordable housing): a soft/feel good political correct term for, get more minorities into homes. Bill Clinton accomplished this by introducing legislation that would ease the standards of FNMA, allowing for little security in the way of downpayment and much looser proof of income and employment. The Republican congress approved these measures, in that the banks would be able to generate enormous fee income, by lending out will and dumping the longterm mortgage onto FNMA/US Taxpayers books. Two agendas were accomplished in one very irresponsible piece of legislation, from which one of the most historic financial boom and bust cycles was originated. My friend, this is what happened. These are the facts. But let ask you, why does the media or pundants don't state the obvious. Why don't they just revert FNMA lending to the way it was before Billdo Clinton came along. Well here is why, BECAUSE THE SYSTEM WAS GAMED BY LIBERALS PLAYING SANTA CLAUSE FOR THE PURPOSES OF GETTING INTO POWER. It is like another kinder/gentler word Affordable Health Care.
I see the Crooks finally had to pay up. This was the kind of Corrupt behavior that caused F&F to get in trouble.
Moody's $864m penalty for ratings in run-up to 2008 financial crisis
Moody's (NYSE:MCO) agrees to pay $864M to the U.S. Department of Justice and 21 states to resolve an investigation involving bond grades it issued before the 2008 housing collapse.
The ratings agency will pay $437.5M to the DoJ and $426.3M to the states, including $150M to California, an epicenter of the subprime debacle.
Moody's says in the settlement that it at times deviated from methodologies it said it would use to rate mortgage bonds and used a more lenient standard on some complicated bonds than it had disclosed, but the settlement does not contain a finding it violated the law or any admission of liability.
Connecticut, whose attorney general helped lead negotiations, filed a lawsuit against Moody’s in 2010. Mississippi and South Carolina later sued, and other states had potential claims.
Connecticut’s law suit claimed that Moody’s ratings were influenced by its desire for fees, despite claims of independence and objectivity. It also accused Moody’s of knowingly inflating ratings on toxic mortgage securities.
Moody’s ratings were “directly influenced by the demands of the powerful investment banking clients who issued the securities and paid Moody’s to rate them,” Connecticut attorney general, George Jepsen, said in a statement on Friday.
Capuano quote from six months ago... https://www.google.com/amp/www.valuewalk.com/2016/07/michael-capuano-fannie-mae/amp/?client=safari
Shouldn't this reinforce his position to privatize ?
http://www.housingwire.com/articles/38931-trumps-treasury-pick-to-divest-assets-after-office-confirmation
Ben Carson says he will review FHA premium cut, should be a positive for FNMA
Trump needs to know about the swamp creatures that act like friends...https://rockytoppolitics.com/2016/11/18/the-corruption-of-bob-corker-part-1-5/
Here's our boy, dotting all the i's and crossing all the t's:
http://www.cnbc.com/2017/01/11/trump-treasury-nominee-mnuchin-pledges-to-divest-assets-worth-millions.html
Government's stake will be sold in an IPO type way - Thus, recapping Fannie and raising the share price !
All 260 Billion need to be returned to Freddie and Fannie... that 187 Billion is fraudulent interest payments need to be RETURNED!
Mel Watt the current head of the FHAF, the man who doesn't lose sleep over our rights as shareholders, was born in Mecklenburg County, North Carolina on August 26, 1945, Mel Watt was a 1967 Phi Beta Kappa graduate of the University of North Carolina with a BS degree in Business Administration. In 1970 he received a JD degree from Yale University Law School and was a published member of the Yale Law Journal.Mel practiced law from 1970 to 1992, specializing in minority business and economic development law. He served in the North Carolina State Senate from 1985 to 1986. He served in the U.S. House of Representatives from 1993 to 2014 as a member of the House Financial Services Committee and the House Judiciary Committee. He was con?rmed by the U.S. Senate and was sworn in as the Director of the Federal Housing Finance Agency on January 6, 2014.
Mel is married to Eulada Paysour Watt, an educator. They have two sons, Brian and Jason, both graduates of Yale University, and two grandchildren.
Tim Pagliara on Twitter
Huge win- new pleadings will reflect discovery we have not seen. Gov. Lawyers will have to answer with the truth. https://t.co/pslPXrBvS5
— Tim Pagliara (@timpagliara) December 19, 2015
These are two privately held companies that were falsely blamed and then stripped for crimes they did not do. To say this administration shouldn't be punished for its Un-American and criminal actions is a disgrace, and then lying to the courts instead of coming clean is out right treason to our nation.
GIVE THE MITG BUSINESS TO THESE GUYS, REALLY ?
Wells Fargo To Pay Employees More As Part Of Plan To Help Them Steal Less From Customers ~~~ Dealbreaker ~~~ 1/6/17
Perhaps no financial firm in the world has more New Year’s resolutions for 2017 than Wells Fargo. And considering that the bank’s 2016 was the resolution equivalent of pledging in January to eat less sugar only to wake up dope-sick in a gutter with a needle sticking out of its arm on Christmas Eve, it is understandable that Wells feels like there is some work to do.
http://dealbreaker.com/2017/01/wells-fargo-retail-banking-raises/
WOW SWEENEY PLAYING RIGHT WITH THE HAND OF CORRUPTION - MAKE A DECISION !! HONOR YOUR PLEDGE !!
It would be interesting to hear Greg Schwind's testimony on what this administration presented to the courts. The Client-privilege does not hold here. "The crime-fraud exception also does require that the crime or fraud discussed between client and attorney be carried out to be triggered. US Courts have not yet conclusively ruled how little knowledge an attorney can have of the underlying crime or fraud before the privilege detaches and the attorney's communications or requisite testimony become admissible."
Lying to Judge Lamberth and presenting false testimony to the courts by a government administration is a serious issue of national security because a nation cannot survive such uncorrected corruption.
The most transparent government in US history thinks it is OK to break the law and hide issues regarding their illegal seizure of two private companies, not only are they hiding, they are presenting false testimony to the Courts.