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Seeing that trillions of dollars are being given directly to Bank of America and JP Morgan Chase by taxpayers; Should "the Banks" be allowed to tax Americans directly instead of using the IRS acting as their agent?
You must realize their assets are not worth as much as they were valued in 2007. They are desperate for cash.
What will happen is that we will get taxed twice for the same thing. Haven't the banks showed you over the past 6 years that they can't be trusted? The banks will nickle and dime us to death more than any other institution.
The unit makes most of its money from placing mandatory insurance policies on liens, such as home mortgages, farm loans, etc. The insurance policy increases the amount the mortgage holder has to pay in escrow.
It appears that Balboa was eager to disguise something that was going on. In emails a supervisor, Jason Vaughn, informs his subordinates to remove a long list of images from Rembrandt/Track Source -- two databases that the company used. Mr. Vaughn appeared to be fulfilling a directive from his management.
The emails were sent in November 2010.
So why did the bank need to delete all these images? Well it's possible it was for some sort of routine maintenance, but the leaker claims that it was to prevent the federal government from getting potential proof of wrongdoing on foreclosed properties.
This indeed seems to be the case based on further comments from Jason Vaughn, the supervisor. After the documents were unable to be deleted, the team resorted to removing the numbers from the tracking numbers system to prevent them from showing up in searches. At this point Mr. Vaughn expresses misgivings, writing:
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I'm just a little concerned on the impact that this has on the department and company. Why are we removing all record of this error? We have told Denise Cahen, and there is always going to be a paper trail when one of these sent documents come back, this to me, seems to be a huge red flag to auditors...What am I missing? This just doesn't seem right to me.
B of A should never have been bailed out, insurance and financial fraud are now being investigated by most AG's in every state, and lawsuits are pending against B of A, Chase and WaMu, among others.
Everyone needs to pull their money out of these too big to fail banks and switch to a credit union ASAP. These monster banks are powerful because of their massive customer base. I blame the sheeple for making them as they are.
If all their customers pulled their money out tomorrow B of A would go out of business in no time.
So stop giving them your business. Quit feeding the beast.
Everyone needs to pull their money out of these too big to fail banks and switch to a credit union ASAP. These monster banks are powerful because of their massive customer base. I blame the sheeple for making them as they are.
If all their customers pulled their money out tomorrow B of A would go out of business in no time.
So stop giving them your business. Quit feeding the beast.
Exactly. Nice to know they are not in Vermont...everyone should read wikileaks and also read
bankofamericasucks.com
chasehomefinancesucks.com
Sites are also up and running on Facebook for those who use it for this info.
They are courting Congress for more bailouts as we speak, stop supporting their illegal collusion with Congress and lobbyists.
use a local credit union, stop using multinationals which rely on taxpayer bailout money.
Seeing that trillions of dollars are being given directly to Bank of America and JP Morgan Chase by taxpayers; Should "the Banks" be allowed to tax Americans directly instead of using the IRS acting as their agent?
You must realize their assets are not worth as much as they were valued in 2007. They are desperate for cash.
They should not be able to tax Americans either directly or indirectly (TARP).
Everyone needs to pull their money out of these too big to fail banks and switch to a credit union ASAP. These monster banks are powerful because of their massive customer base. I blame the sheeple for making them as they are.
If all their customers pulled their money out tomorrow B of A would go out of business in no time.
So stop giving them your business. Quit feeding the beast.
Stop using credit cards issued by the big banks. Return to using cash instead of credit & debit. This will make a real impact on banking. Instead of being pushed to a cashless society which allows digital theft use cash and make the beast work for its existence.
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