Homeowner Bill Of Rights Blocked By Banks, Minnesota State Representatives

(MintPress) – The United States is in the midst of a homelessness epidemic, with nearly 3.5 million Americans living on the streets every year. Exacerbating the problem is the more than 3.4 million foreclosures that have taken place since the financial crisis of 2008, the largest economic meltdown since the Great Depression. State legislators have an opportunity […]

Martin Michaels
By Martin Michaels

(MintPress) - The United States is in the midst of a homelessness epidemic, with nearly 3.5 million Americans living on the streets every year. Exacerbating the problem is the more than 3.4 million foreclosures that have taken place since the financial crisis of 2008, the largest economic meltdown since the Great Depression. State legislators

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Banks Foreclosed On Homes Of Servicemen — Some Had Never Missed A Payment

(Mint Press) – In a boost to Wall Street, critics arguing for more regulation on the banking industry, Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have uncovered that they have foreclosed on more than 700 active members of the military during the housing crisis and seized homes from about two dozen other borrowers […]

Frederick Reese
By Frederick Reese

(Mint Press) - In a boost to Wall Street, critics arguing for more regulation on the banking industry, Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have uncovered that they have foreclosed on more than 700 active members of the military during the housing crisis and seized homes from about two dozen other borrowers who were current on

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Macalester College Students Put On The Heat To Wells Fargo Bank On Home Foreclosures

(MintPress) – “This is a student-led, student-run campaign that we have ownership on but we are also part of a broad coalition of groups in the Twin Cities targeting corporations like Wells Fargo,” said Macalester College student Rebecca Hornstein to Mint Press News. A growing number of students at the college have demanded that the […]

Martin Michaels
By Martin Michaels

(MintPress) - “This is a student-led, student-run campaign that we have ownership on but we are also part of a broad coalition of groups in the Twin Cities targeting corporations like Wells Fargo,” said Macalester College student Rebecca Hornstein to Mint Press News. A growing number of students at the college have demanded that the

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Thirteen People Arrested At Demo Against Wells Fargo Foreclosure Policies

(MintPress) – More than 200 people representing a broad coalition of faith-based groups, labor unions and student activists marched to Wells Fargo Home Mortgage Center in Minneapolis, Minn. Wednesday, demanding an end to home foreclosures and unjust lending policies. Demonstrators with Occupy Homes Minnesota hand delivered thousands of petition signatures to bank representatives demanding Wells Fargo […]

Martin Michaels
By Martin Michaels

(MintPress) - More than 200 people representing a broad coalition of faith-based groups, labor unions and student activists marched to Wells Fargo Home Mortgage Center in Minneapolis, Minn. Wednesday, demanding an end to home foreclosures and unjust lending policies. Demonstrators with Occupy Homes Minnesota hand delivered thousands of petition

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Transcripts Show Fed Underestimated Crisis In 2007

Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the deepest recession since the Great Depression, transcripts of the Fed’s policy meetings that year show. The meetings occurred as the country was on the brink of its worst financial crisis since […]

Associated Press
By Associated Press
Activists with Occupy Homes Minnesota tape signs to a Minneapolis home Thursday night, declaring that it is not for sale. Occupy Minnesota activists have been working with the Cruz Family, who owns the home and has been attempting to work with Freddie Mac to buy it back. (Photo Trisha Marczak/MintPress)

Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the deepest recession since the Great Depression, transcripts of the Fed's policy meetings that year show. The meetings occurred as the country was on the brink of its worst financial crisis since the

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21st Century Robber Barons: How The Financial Sector Escapes Prosecution For Crimes Committed

Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. The agreements announced Wednesday, Jan. 9, with the Federal Reserve were similar to deals struck earlier this month with 10 other major banks and […]

Edward Rhymes
By Edward Rhymes
Traders work in the Goldman Sachs booth on the floor of the New York Stock Exchange Thursday, March 15, 2012. (AP Photo/Richard Drew)

Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. The agreements announced Wednesday, Jan. 9, with the Federal Reserve were similar to deals struck earlier this month with 10 other major banks and

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