Wells Fargo: No halt to foreclosures: Wells Fargo said Friday it has no plans to adopt a foreclosure moratorium despite Bank of America’s decision today to halt all foreclosures.
US banks fake documents to rush foreclosures: Major US banks systematically faked documents in order to speed up foreclosures for hundreds of thousands of homeowners, a mounting body of evidence shows. It appears likely that federal and state laws were broken in the process.
10,000 wait in line at Cal Expo in bid to save their homes: An estimated 10,000 people were in line Friday morning when the Cal Expo Pavilion's doors opened on a five-day event aimed at helping distressed homeowners avoid foreclosure.
A record 30% of unemployed out of work at least a year: A record 30% — or 4.4 million — of the nation's 14.7 million unemployed workers were out of work at least a year in August, up from 23% in December, according to an analysis of Bureau of Labor Statistics data
Third world America: Collapsing bridges, street lights turned off, cuts to basic services: the decline of a superpower
72,000 stimulus payments went to dead people: More than 89,000 stimulus payments of $250 each went to people who were either dead or in prison, a government investigator says in a new report.
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