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July 28, 2017
Treasury secretary mnuchin clashing with democrats on capitol hill, especially over a specific nickname. >> i did not make one mortgage during or prior to the mortgage crisis. so i take great offense to anybody who calls me the foreclosure king. >> democrats, of course, bestowed that title on mnuchin during his nomination, accusing him of profiting from the financial crisis while he ran the lender, one west. the hearing got heated when representative keith ellison brought up robo signing, the in...
October 27, 2013
>> the federal government accused 13 banks with unsound foreclosure practice. they paid $3.6 billion in settlement money. the serenas cut? $2,000. >> now hear this, bank of america made the serenas a verbal offer of $100,000 to make things right in a fair way. but they tell cnn that $100,000 is not a fair settlement. heres the majority of their wish list, a mortgage-free 5 bedroom, 3 bath home and also a monetary stiepen of $750,000 for the five members of their household. >> sounds to me like b...
October 1, 2011
America ends with jail time for dozens of demonstrator in boston. thousands of people rallying and voicing the anger over the companys foreclosure practice. they tried to enter the bank. and one officer said they wanted be arrest we obliged. bank of america called the demonstration a publicity stunt. we showed you a plan that crashed in the ferris wheel. here a plane crashed in a phone call and a woman staying there credits a phone call for saving her life. she called it a near death experience....