Amy Goodman, Shahien Nasiripour, Democracy Now!. May 18, 2011.
The nation's five largest mortgage companies are being accused of defrauding taxpayers in their handling of foreclosures on homes purchased with government-backed loans.
Suzanne Manneh, Ngoc Nguyen, New America Media. May 4, 2011.
The bank has profited obscenely and affected people's ability to have a home, even to feed and clothe their children. Hundreds of thousands still await a loan modification.
The Treasury Dept.'s mortgage relief program isn't just failing, it's actively funneling money from homeowners to bankers, and Treasury likes it that way.
Why did Wells Fargo, a reasonably healthy bank, merge with a debt-laden disaster like Wachovia in the middle of the financial crisis? Ask Vulcan Materials Co.