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	<title>Mortgages and What Is A Bad Loan &#187; Lawsuits</title>
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	<link>http://crisis.lenderwatch.org</link>
	<description>Mortgage Crisis Before, During, and After</description>
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		<title>Deutsche Bank Sued by Dexia over bad mortgages</title>
		<link>http://crisis.lenderwatch.org/news/804</link>
		<comments>http://crisis.lenderwatch.org/news/804#comments</comments>
		<pubDate>Fri, 15 Jul 2011 08:29:02 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Deutsche Bank]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[suit]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/?p=804</guid>
		<description><![CDATA[French-Belgian bank Dexia said Thursday that it was suing Deutsche Bank for more than $1 billion in losses caused by dodgy mortgage-backed securities that imploded during the 2008 financial crisis. The lawsuit, filed late Wednesday in a New York court, accuses the German banking giant of fraud and making &#8220;false and misleading statements&#8221; when it<a href="http://crisis.lenderwatch.org/news/804" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/804/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mortgage fraud and the elderly in New Mexico</title>
		<link>http://crisis.lenderwatch.org/news/602</link>
		<comments>http://crisis.lenderwatch.org/news/602#comments</comments>
		<pubDate>Fri, 05 Jun 2009 12:40:22 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage broker]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/?p=602</guid>
		<description><![CDATA[In two civil lawsuits filed Friday morning the New Mexico Attorney General is asking a judge for immediate action to stop foreclosures on the two properties. Both incidents involve elderly residents. In one suit is based on a Los Lunas couple who said they gave money to their brokers and bank to pay off bills.<a href="http://crisis.lenderwatch.org/news/602" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/602/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Saxon Mortgage watchdog ready for complaints</title>
		<link>http://crisis.lenderwatch.org/news/556</link>
		<comments>http://crisis.lenderwatch.org/news/556#comments</comments>
		<pubDate>Sun, 22 Feb 2009 07:18:25 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[attorney general]]></category>
		<category><![CDATA[Help Center]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[programmer]]></category>
		<category><![CDATA[programmer for Saxon Mortgage Watch]]></category>
		<category><![CDATA[saxon mortgage lawsuit]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/556</guid>
		<description><![CDATA[A website dedicated exclusively to watching Saxon Mortgage, a mortgage servicer owned by Morgan Stanley, claims to be ready for a flood of complaints. &#8220;Unlike other web sites that receive complaints about many companies, we are specialized,&#8221; said a programmer for Saxon Mortgage Watch. Saxon Watch will study complaints, check for trends, and determine if<a href="http://crisis.lenderwatch.org/news/556" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/556/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Cleanup underway in subprime houses</title>
		<link>http://crisis.lenderwatch.org/news/545</link>
		<comments>http://crisis.lenderwatch.org/news/545#comments</comments>
		<pubDate>Tue, 20 Jan 2009 21:39:59 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Economic Impact]]></category>
		<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[OTS]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/545</guid>
		<description><![CDATA[This is a recap. Merrill Lynch &#038; Co. Inc. said in a financial report that it has agreed to pay $550 million to settle separate class action lawsuits stemming from subprime loss disclosures. The Ohio State Teachers Retirement System, the lead plaintiff in one lawsuit brought on behalf of stock purchasers, agreed to a proposed<a href="http://crisis.lenderwatch.org/news/545" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Shady lenders take note of mortgage relief injunction</title>
		<link>http://crisis.lenderwatch.org/news/527</link>
		<comments>http://crisis.lenderwatch.org/news/527#comments</comments>
		<pubDate>Wed, 10 Dec 2008 17:27:14 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/527</guid>
		<description><![CDATA[A state court helped subprime borrowers and homeowners with onerous mortgages, including Alt-A and jumbo mortgages. The help probably did more than restructuring and individual loan modifications have done thus far. This may mean real relief, rather than what we have seen from many mortgage companies. Just putting the past due amount on the end<a href="http://crisis.lenderwatch.org/news/527" class="read-more">Continue Reading</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>When the neighbor saves $100,000 while you keep paying</title>
		<link>http://crisis.lenderwatch.org/news/521</link>
		<comments>http://crisis.lenderwatch.org/news/521#comments</comments>
		<pubDate>Wed, 19 Nov 2008 17:25:14 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/521</guid>
		<description><![CDATA[Aline van Duyn of FT.com wrote a great article that explains a few things about mortgage modifications. I quote part of van Duyn&#8217;s article below. But that is not the real shocker. While approximately 35 percent of people are struggling with mortgages, what really drives me wild is what happens when the neighbor gets $100,00<a href="http://crisis.lenderwatch.org/news/521" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/521/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Argent Mortgage VP gets 18 years in prison</title>
		<link>http://crisis.lenderwatch.org/news/488</link>
		<comments>http://crisis.lenderwatch.org/news/488#comments</comments>
		<pubDate>Sat, 06 Sep 2008 04:38:55 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[Capital]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/488</guid>
		<description><![CDATA[Orson Benn, a former VP of subprime lender Argent Mortgage is off to prison for 18 years. Argent was one of Ameriquest&#8217;s divisions. Although it doesn&#8217;t do much for homeowners, it is nice to see something has happened. Remember, if you will, that George Bush named Ameriquest&#8217;s owner, Roland Arnall, as ambassador to The Netherlands.<a href="http://crisis.lenderwatch.org/news/488" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/488/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Auction rate securities fraud attracts a crowd</title>
		<link>http://crisis.lenderwatch.org/news/487</link>
		<comments>http://crisis.lenderwatch.org/news/487#comments</comments>
		<pubDate>Thu, 04 Sep 2008 15:08:31 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/487</guid>
		<description><![CDATA[The New York attorney general&#8217;s office is issuing subpoenas to several Bank of America Corp executives as the state broadens its probe into the bank&#8217;s marketing of auction-rate securities, a person familiar with the investigation said on Wednesday. As it should be, we say. The lawyers are coming out in droves, asking the question &#8220;Did<a href="http://crisis.lenderwatch.org/news/487" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/487/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Developers sue banks as agreed upon funding vanishes</title>
		<link>http://crisis.lenderwatch.org/news/472</link>
		<comments>http://crisis.lenderwatch.org/news/472#comments</comments>
		<pubDate>Thu, 24 Jul 2008 15:58:51 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/472</guid>
		<description><![CDATA[Lender liability lawsuits are beginning as builders see banks pulling back from their contractual agreements. In some cases it is due to lack of funds, while in other cases lines of credit are reduced as new appraisals come in millions of dollar lower than previous appraisals. Developer John Thomas says he had nearly finished building<a href="http://crisis.lenderwatch.org/news/472" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/472/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Criminal charges against Bear Stearns managers</title>
		<link>http://crisis.lenderwatch.org/news/448</link>
		<comments>http://crisis.lenderwatch.org/news/448#comments</comments>
		<pubDate>Tue, 17 Jun 2008 16:07:19 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Lawsuits]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage crisis]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/448</guid>
		<description><![CDATA[U.S. prosecutors are preparing to file criminal charges against managers of two Bear Stearns hedge funds whose collapse helped kick off the credit crisis last year, the Wall Street Journal reported on Monday, according to Reuters. For those who remember the day to day events of last year the subprime markets was failing before the<a href="http://crisis.lenderwatch.org/news/448" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/448/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
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