Bank of America Declares Living Customer Dead, and Other Bank Oopsies
The most common: accidental foreclosures.
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The most common: accidental foreclosures.
New York State attorney general Eric Schneiderman had been one of the final hold-outs.
They dressed as foreclosure victims.
They said they reviewed more than 100,000 documents when they really reviewed 1,000.
The New York Fed tells the banks to take back their crappy mortgages, while the White House finishes one big investigation and starts another.
Bank stocks plunge after investors (belatedly?) realize the housing market might be royally screwed.