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Thom's blog
Regulation and Enforcement Protect Consumers
Despite billions of dollars in fines and numerous new regulations, the mortgage industry has still been breaking the law. A new report by the Consumer Financial Protection Bureau details how the industry has continued abusing consumers, and why we need an agency tasked with protecting our rights. According to this report, mortgage servicing companies have been forging paperwork, illegally foreclosing on homes, and even forcing borrowers to sign away their legal rights just to get a loan modification.
These companies are essentially the middle men between banks and borrowers, handling everything from mortgage payments to the foreclosure process, but they haven't been doing their jobs. The CFPB report found that several servicing companies were flat-out incompetent, and others were just ignoring the law. Because of these findings, the CFPB banned these companies from participating in federal mortgage modification programs, and collected millions of dollars for wronged consumers in the second half of last year.
The CFPB's report shows that companies like this cannot be trusted, and that government regulation and enforcement are necessary to protect consumers. Billions in fines, bad press, and even an economic collapse were not enough to stop these companies from preying on Americans, but thankfully the Consumer Financial Protection Bureau is sticking up for us.
-Thom
(What do you think? Tell us here.)
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Tonight on The Big Picture on RT TV at 7pm and 9pm... Will all salt water fish be extinct soon? (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Watch the video 'Last Hours' narrated by Thom Hartmann about the "time bomb" that is ticking underground, underwater and under ice… frozen methane that is now escaping and could trigger runaway climate change. www.lasthours.org
Have a question or comment for Thom? Grab your phone, hit record and send your video to YourTakeMyTake@gmail.com and we may air it on "The Big Picture."
Need to Know: Will Obamacare make America Happier...
Lone Liberal Rumble:- Kris Ullman, Conservative Commentator/Activist. - Horace Cooper, National Center for Public Policy Research
The Best of the Rest...
Will all salt water fish be extinct soon?- Dr. Boris Worm, Dalhousie University
Daily Take: CVS Proves Big Government is working
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Tuesday's Daily Stack
Hour One: Coke super bowl ad brings out the worst on the right?- Kevin Jackson, The Black Sphere
Quote: "I'll have them n***** voting Democratic for two hundred years." Attributed to President Lyndon B Johnson.
Hour Two: The "gig" is up in Chattanooga...
Hour Three: Shouldn't we treat sugar like tobacco and alcohol?- Mark Thornton, Ludwig Von Mises Institute
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Wednesday on The Thom Hartmann Program, 3-6pm ET
Read Thom's latest Liberally Yours column online at The Daily Caller..be sure to add your comments & support your local liberal!
Hour One: A Conservative defends the 1% - C. Edmund Wright, WTF? How Karl Rove and the Establishment Lost…Again.
Hour Two: Brunch With Bernie (special edition) - Senator Bernie Sanders (I-VT) takes your calls.
Hour Three: CVS proves Big Government is working...
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...
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Thursday on The Thom Hartmann Program, 3-6pm ET
I'll have a conversation with former Republican, former Florida Governor Charlie Crist on why he left the GOP and about his 2014 candidacy for Governor of Florida on the Democratic ticket...
Plus, we'll have all the latest news and information you won't hear from the corporate owned news media...together with your calls right here on...
The Thom Hartmann Program...Occupying The Media 3 hours a day 5 days a week" for "we the people"...
And remember...Democracy is NOT a spectator sport...it begins with you...
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Thom's Poll
Should all workers receive paid sick days?
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Watch & Listen to Thom
Watch the Full "Big Picture" Show...
Full Show 2/4/14: The GOP's Coke Freak Out
Tonight's "Politics Panel" looks at the Republican's outrage over the new Coke commercial, why Canada doesn't want to refine their tar sands oil in their own country and Senator Warren's idea to allow the Post Office to act as a bank for poor Americans. Thom talks with the Drug Policy Alliance's Meghan Ralston on what can be done to prevent heroin overdoses and with Professor Roberto De Vogli on how government can help fight obesity. In tonight's "Daily Take" Thom discusses how Chattanooga, TN is leading the way with high speed and affordable internet access.
Thom Hartmann on the News: February 4, 2014
Caller: Conservatives got the Wrong Message from the Coke Ad!
How Obamacare will Lower Unemployment
The "gig" is up in Chatanooga
Caller: Taxation is not the Solution to the Sugar Problem!
The Thom Hartmann Program - February 4, 2014
Shouldn't we Treat Sugar Like Alcohol & Tobacco?
Doesn't the Coke Super Bowl ad Bring out the Worst on the Right?
The Thom Hartmann Program - February 4, 2014 part 1
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Show Info
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Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook.
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