The nation’s three biggest banks, already poster children for a variety of fraudulent practices, have now added insurance fraud to the list of offenses that keep bringing them to federal court. This time, the problem had to do with “force-placed” homeowner insurance...
Invest in your future: buy insurance! That’s what the nation’s major insurance companies tell worried consumers every day. Those monthly premiums, they say, represent an investment for the future, protecting valuable assets like homes, cars – and even lives – against...
JASON HARTMAN: Welcome to the Creating Wealth show. This is your host, Jason Hartman and this is episode number 331. Thank you so much for joining us today. Our guest today will be Meredith Whitney. You’ve probably heard of her. She is the one that I mentioned a...
More dirty laundry continues to air in the mortgage lending industry as US Department of Justice investigations keep leading to more charges of bad loan practices against the nation’s biggest banks. The latest round has JP Morgan Chase paying $614 million for...
By many benchmarks, the housing market’s recovery continues, with rising home prices, more new construction and even a safer lending environment for mortgage applicants. But casting a long shadow over all these rosier indicators is the vast and stagnant foreclosure...
