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Mortgage Fraud Festered Under Housing Bubble, Feds Investigate
In ’05, a small company bought up run-down duplexes in northeast Indiana at $50,000 a pop. Less than a month later, they were selling them for $120,000 to church secretaries, truckers, retirees and...
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Loomis Rent-A-Cops Have Shopper Cuffed, Hauled Away Over ATM Photo
While Shane was standing in the customer service line at a Seattle REI, he watched two Loomis employees open and change out the cash in an ATM machine. Shane took a photo of them with his iPhone. This...
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REI Says ATM Photographer Is Welcome In Their Store Any Time
REI’s Director of Corporate Communications contacted us with an official statement about the recent showdown between two Loomis security guards and a customer with an iPhone at one of their Seattle...
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Hank Paulson Admits He Never Really Understood How Mortgage-Backed Securities...
Here’s more proof that the people who probably should have known how they were making all that housing bubble money never did—even those who personally made tens of millions off of it. The Business...
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