Soon, I’ll be up with a piece looking more closely at the foreclosure fraud scandal engulfing the country. But for those not following carefully, here’s a recap.
Last month, Ally Financial, formerly known as GMAC, suspended evictions in 23 states after revealing that employees had submitted faulty affidavits when foreclosing on some unknown number of homes. In those 23 states, the bank needs a judge’s approval to foreclose, and submits affidavits to get it. (Affidavits are sworn statements, so false ones constitute perjury or fraud.) This month, Bank of America and J.P. Morgan Chase also suspended evictions in these states after revelations about robo-signers — employees rubber-stamping thousands of foreclosure documents, without checking the information — and false evictions came to light.
Now, state governments are enacting moratoriums and politicians are castigating banks for failing to follow through on their legal work, forcing families out of their homes without following due process. This week, Rep. Nancy Pelosi (D-Calif.) and other Democrats wrote Attorney General Eric Holder, requesting that the Justice Department investigate the systemic problems.
The scandal has made clear that paperwork in the housing bust has proven just as shoddy as during the housing boom. The banks are just acting illegally. Check out this video of a woman who thought a burglar was breaking into her house. It was the bank, coming to change the locks. Even though she still lived there.
E-Verify Mandate Begins Today
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EPA Administrator Addresses Concerns About Oil Spill Waste Management
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EPA administrator defends allowing Florida to write its own water pollution rules
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EPA administrator fires back at critics in op-ed
EPA Administrator Lisa Jackson (Pic by USACEpublicaffairs, via Flickr) EPA Administrator Lisa Jackson penned a new op-ed for the Los Angeles Times , criticizing House Republicans desperately seeking to undermine the authority of the agency they have dubbed a “job killer.” Arguing that the environment affects red states and blue states alike, Jackson writes that “it is time for House Republicans to stop politicizing our air and water.” As head of the Environmental Protection Agency, Jackson has faced harsh criticism from House Republicans and GOP presidential candidates who say the agency’s regulations are an undue burden on businesses that have to cut jobs simply to comply with clean water and air rules. Presidential hopeful Michele Bachmann has pledged to end the EPA if she takes office. “Since the beginning of this year, Republicans in the House have averaged roughly a vote every day the chamber has been in session to undermine the Environmental Protection Agency and our nation’s environmental laws,” writes Jackson.
EPA administrator says federal nutrient criteria is a ‘myth’
In testimony given late last week, EPA Administrator Lisa Jackson said that false accusations about her agency’s numeric nutrient criteria to govern Florida waterways are proving to be a detriment to their implementation. # Testifying before the House Agriculture Committee, Jackson said her agency’s work was often “mischaracterized” and addressed several myths surrounding its work
EPA Analysis Says Climate Bill’s Cost for Households Would Be ‘Modest’
All the attention on the energy front today is going to the BP spill, but the Environmental Protection Agency quietly released its long-anticipated analysis of
EPA announces hold on nutrient standards if Florida can come up with own criteria
The EPA announced today that it is now prepared to withdraw a portion of its proposed numeric nutrient criteria (a set of standards governing water pollution in inland waters) and delay the portion related to estuarine waters, to allow the state Department of Environmental Protection to develop its own criteria. # From a statement released by the EPA earlier today: # EPA recognizes that states have the primary role in establishing and implementing water quality standards for their waters. Therefore, EPA is prepared to withdraw the federal inland standards and delay the estuarine standards if FDEP adopts, and EPA approves, their own protective and scientifically sound numeric standards
EPA biologist says fracking may be partly to blame for West Virginia fish kill
New documents obtained by an environmental news service show that an EPA analyst believes that wastewater from fracking may be partly responsible for a fish kill in a West Virginia river. Scientific American reports : U.S
EPA: BP Has 24 Hours to Find a Less Toxic Chemical Dispersant
Thought the massive quantities of oil pouring into the Gulf of Mexico were the only major threat to the country’s southeast coastal waters right now? Think
EPA and California Near Deal on Fuel Efficiency Standards
Two weeks ago, the Obama administration raised fuel efficiency standards by an average of two miles per gallon -- a modest change that disappointed some