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Mortgage Fraud

Subprime Mortgage Whistleblowers Warn Bigger Crash On Its Way

By Jessica Desvarieux for The Real News - Whistleblowers Richard Bowen and Michael Winston, along with UMKC's Bill Black, discuss the rampant fraud at Countrywide and Citigroup and how today's high foreclosure rates in states like Nevada could be a sign of what's to come

A Small Business Homeowner Fights Wells Fargo’s Fraud

Los Angeles, CA - The way the mainstream media writes about foreclosure these days gives the uninformed reader the impression that the crisis is over and our country won that unfortunate uphill battle. The reality is different. Foreclosures are still happening all around the country. More importantly, a high percentage of those foreclosures are fraudulent, caused by rampant and systematic fraud on the part of banks, their industry accomplices, and those in office who are now settling with the perpetrators while treating the victims – the homeowners – as bare statistics. One of those homeowners is Lainey Hashorva, a woman who after fighting to keep her home for many years, recently received a foreclosure notice from Wells Fargo. Here is her story, similar to the stories of many who have entered this ring of fire.

‘Unstoppable’ Homeowners Fight Foreclosure Fraud In Los Angeles

Another group is blooming – one that is refusing to remain silent, refusing to helplessly watch what is happening to families around the country, and to our country as a whole. From this group I have learned that our lives are interconnected, and that every single step, every decision, can change the outcome of not only our personal lives but the lives of those we don’t even know. I have learned that hope can never be destroyed, even in the midst of the biggest and darkest fights we’re facing. The following is an interview with Maegan Donovan Nikolic and Carlos Marroquin, two people in California who lost their homes due to mortgage fraud and wrongful foreclosure – and who, in the aftermath, decided to stand up and demand justice. Their work is a great example of how all our communities should follow their lead, unite, and support each other.

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Urgent End Of Year Fundraising Campaign

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Keep independent media alive. 

Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.

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