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Pam Bondi’s Fill in the Blank Press Release on the Fraudclosure Settlement

When I saw the cut and press release that was leaked to Yves over at Naked Capitalism I thought to myself, “now that this is out on the internet, no attorney general would use it. Well, guess what,...

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Dividing the Mortgage Settlement Dollars

Details are still forthcoming about the settlement between the federal government and attorneys general and the five largest servicing banks but one interesting twist that is already emerging is how...

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Amicus | Washington AG Rob McKenna Sides with Consumers and Homeowners vs....

Washington AG Rob McKenna sides with consumers and homeowners vs. MERS forclosures Washington Attorney General Rob McKennaweighed in on the side of homeowners this week when he alleged the mortgage...

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The CFPB is concerned that you don’t know how to avoid an overdraft fee

Interference. The Consumer Financial Protection Bureau’s latest all-consuming interest is overdraft fees. How do such fees affect consumers? How is overdraft protection marketed? How are consumers...

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Attorney General Kamala D. Harris Announces Homeowner Bill of Rights (VIDEO)

Attorney General Kamala D. Harris Joins Legislative Leaders to Unveil California Homeowner Bill of Rights SACRAMENTO — Attorney General Kamala D. Harris today announced the California Homeowner Bill of...

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Attorney General Pam Bondi Recognizes National Consumer Protection Week...

Attorney General Pam Bondi Recognizes National Consumer Protection Week TALLAHASSEE, Fla.—In recognition of 2012 National Consumer Protection Week, Attorney General Pam Bondi encourages consumers to be...

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Attorney General Bondi Declares 2012 Legislative Session a Win for Increased...

Attorney General Bondi Declares 2012 Legislative Session a Win for Increased Public Safety and Consumer Protection TALLAHASSEE, Fla.–Attorney General Pam Bondi today commended the Legislature for...

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Matt Weidner | WAKE UP AMERICA – THE AG SETTLMENT IS BAD FOR CONSUMERS and...

CLICK HERE TO READ THE ACTUAL SETTLEMENT/SELLOUT TERMS and it’s not just me who’s raging… RAGE GROWS OVER MORTGAGE SETTLEMENT ~ 4closureFraud.org TweetNo related posts. No related posts.

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Minnesota | U.S. District Judge Patrick J. Schiltz Sanctions Homeowner’s...

“I’d hope that the decision does not have a chilling effect on bringing claims which are properly brought by consumers and their attorneys. That would be an unfortunate result of this claim because...

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One Answer to Why People Hate Banks

My last post mentioned a column by Joe Nocera on debt collection practices. Nocera's column is entitled "Why People Hate the Banks," and it appears on the penultimate page of the national print...

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Was Q1 a Cash for Clunkers period?

Warm winter, cool spring? Did a warm winter steal economic activity from the spring?  The Wall Street Journal’s Marketwatch warns that businesses and consumers may have already spent the cash they...

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Debit Interchange Post-Durbin: Some Early Numbers

The Fed released some data on debit interchange fees since the Durbin Amendment went into effect (here in spreadsheet and here as a memo with more data). It's all still very early numbers, and things...

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Doggie DNA Tests: Waste of Money or Legitimate Tool?

Do mutt-lovers (with admittedly too much time and money on their hands) get anything in exchange for the $75-100 they pay to find out what kind of dog they have? It depends. My advice: before ordering...

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Lee Camp | Is The Path To Happiness Being Kept A Secret?

Somewhere around 40 million people suffer from depression or anxiety each year in the US. Is there a way out of this? Is there a happier way of life? ~ 4closureFraud.org TweetRelated posts: Lee Camp |...

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Matt Weidner | Concentration Camps, Mass Foreclosures And Rounding Up The...

Concentration Camps, Mass Foreclosures And Rounding Up The Domestic Belligerents I’ve just spent four exhausting days taking depositions and fighting for consumers all across this state. I’m dead...

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The Bully Model of Consumer Finance and Litigation

There's a fearful symmetry in the consumer finance world. It's a symmetry of bullies between overreaching financial institutions and plaintiff strike suits, as in both, litigation costs present a...

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Ex-loan officer claims Wells Fargo targeted black communities for shoddy loans

Ex-loan officer claims Wells Fargo targeted black communities for shoddy loans The machine made her rich — the questions came later. Now, she has recast herself as a crusader for consumers in a battle...

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Washington vs. the Middle Class

Washington vs. the Middle Class Forty-five million Americans (one in seven) are on food stamps. One in seven is unemployed or underemployed. The percentage of those out of work defined as long-term...

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George Mantor | Virtual Money or Actual Money?

Virtual Money or Actual Money? In 2007, events began to unfold that hinted at serious changes taking place in the relationship between financial entities and consumers. But, it would be a while before...

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Infographic | Punytive Damages – Largest Corporate Fines Over The Past 10 Years

click for larger graphic Source: Information is Beautiful ~ 4closureFraud.org TweetRelated posts: Infographic | The Libor $candal Explained — The Largest Banking Scandal in History Attorney General...

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Video: Say, why is the USDA attacking meat-eating?

“Never in my life would I have expected USDA to be opposed to farmers and ranchers.” Yes, that would be the US Department of Agriculture, which is supposed to promote agriculture.  Agriculture...

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CFPB Report | Semi-Annual Report of the Consumer Financial Protection Bureau

Semi-Annual Report of the Consumer Financial Protection Bureau Message from Richard Cordray DIRECTOR OF THE CFPB Just one year ago, the Consumer Financial Protection Bureau became the nation’s first...

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Nation’s Lower Class At Least Grateful It’s Not Part Of Nation’s Middle Class

Nation’s Lower Class At Least Grateful It Not Part Of Nation’s Middle Class Again, from the ONION… (SATIRE) CHAPEL HILL, NC—A survey released Wednesday by researchers at the University of North...

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Credit Card Data

The CFPB released a beta version of its complaint database on June 19th. Right now, one can only search credit card complaints, which the CFPB began taking on the first birthday of its creation, July...

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Zywicki’s Interchange Settlement Balderdash

I was really hoping that I would be able to go at least a year without having to call Todd Zywicki out for his comments on some consumer finance issue.  But it's not to be. Zywicki has weighed in on...

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Consumer confidence drops to 2012 low

Or did it? How do voters feel about the economy?  Why not ask consumers in general?  According to Reuters, consumer confidence dropped sharply to its lowest level in nine months — while its analysts...

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The Better Business Bureau, the State Bar, Loan Mods & Lawyers in California

  For going on three years now I’ve watched the State of California more so than any other engage in a debate over loan modifications and lawyers, the key questions being: do you need one, should you...

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Why is CA State Bar Making its Job Protecting Consumers HARDER?

    If you’ve been following my outrage over the California State Bar Association’s so-called “interpretation” of our state law known as SB 94, then you know the issue.  In case you don’t, I’ll recap...

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GAO Study Finds OCC Foreclosure Review too Hard for Us to Understand

Apparently, the Government Accountability Office (“GAO”) has been studying the possible reasons why so few victims of foreclosure in 2009 and 2010 chose to submit their cases for review by the Office...

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