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Daily Scrounge

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23 posts in this category

Attorney General Conway Files Suit Against "MERS" In Foreclosure Investigation

by Richard Zombeck in Daily Scrounge

Jan

Kentucky Atty. Gen. Jack Conway announced that his office filed a lawsuit today in Franklin Circuit Court against MERS for violating Kentucky law.

In the lawsuit, he alleges that MERS violated Kentucky law by not recording mortgage assignments with the County Clerk's offices when mortgages were sold or transferred from one bank to another.

Barclays Libor Ad ... sort of [Video]

by Richard Zombeck in Daily Scrounge

Dec

Someone (Michael Spicer) beautifully narrated this Barclays Ad to illustrate the subtle undertone of their interest rate rigging in the LIBOR scandal. That little scandal that cost us all a lot of money and that no one seems to care about.

Let’s Not Hold Banks Accountable

by Richard Zombeck in Daily Scrounge

Dec

Nice .... Can the auto industry be shielded from law suits if their cars explode too? How about granting restaurants immunity from poisoning patrons? Here’s a good one from NYT DealB%k “Banks Seek a ...

Moynihan: I can’t recall … anything

by Richard Zombeck in Daily Scrounge

Nov

Taibbi over on Rolling Stone, took a well deserved swipe at Brian Moynihan is a post earlier this week. Seems the bank CEO is completely oblivious about what went on in his bank for a few years. And w...

These go into the “what could possibly go wrong” category

by Richard Zombeck in Daily Scrounge

Nov

Looks like Chase is getting into the app business, with an announcement to create an app for mortgage hunters. Clearly it connects to a Chase broker. The new app, which is called My New Home, lets...