Financial Recovery USA

Created on Wednesday, 25 November 2009 00:48 | Last Updated on Saturday, 23 February 2013 04:10 | Written by Administrator |

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New Bank Bailout?

The 50 states, headed by Treasury Secretary Tim Geithner, have put together a proposed 25 billion package to bailout the banks and to let them off the hook from a mutli-trillion dollar problem of illegal foreclosures and rampant fraud.

Mortgage mess: Who really owns your mortgage?

August 7, 2011 1:22 PM

Scott Pelley, of 60 minutes, explains a bizarre aftershock of the U.S. financial collapse: An epidemic of forged and missing mortgage documents. Watch the video below to learn more. This video is a MUST WATCH for anyone who is having trouble, or knows someone who is having trouble, with thier mortgage.

The Nationwide Mortgage Settlement Protects Banks From Some Litigation,

But Here's Where They're Still Exposed

businessinsider.com | Feb 9, 2012

From Attorney General Schneiderman's office (whose task force, as President Obama just said, still has all of its power) — here's a list of legal claims regarding mortgage fraud that can still be made against banks:Read More...

Tax Breaks For Underwater Homeowners

foxbusiness.com | Apr 4, 2012

FAbout 11 million U.S. homeowners owe more than their homes are worth, according to real estate data firm CoreLogic, and while taxes may not be the first thing they think about in deciding what to do, all the variou options have tax consequences:Read More...