Why did Obama sue CitiBank to sort them donate loan to unqualified mortgage applicants resulting surrounded by the meltdown?
Case Name
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank have engaged in redlining practices within the Chicago metropolitan area in contravention of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive nouns, actual damages, and punitive damages.
U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).
The party voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
Plaintiff’s Lawyers
Obama, Barack H. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Alexis, Hilary I. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Childers, Michael Allen (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Clayton, Fay (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cummings, Jeffrey Irvine (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Love, Sara Norris (Virginia)
FH-IL-0011-9000
Miner, Judson Hirsch (Illinois)
FH-IL-0011-7500 | FH-IL-0011-9000
Wickert, John Henry (Illinois)
FH-IL-0011-9000
Answers:
Because he is criminal first. And he get kick backs. Why else? Democrat for McCain/Palin 2008.
because he is scum
Explosive Video, Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae
http://www.youtube.com/watch?v=usvG-s_Ss…
Burning Down The House: What Caused Our Economic Crisis? V2
http://www.youtube.com/watch?v=NU6fuFrdC…
Because of his associations next to the left wing criminal group ACORN.
so I guess it is BARRACK Hussein OBAMA'S fault that the wall became predatory lenders . They were Force by relatives like OBAMA and FRANKS to lower the standards. There's a change you can believe contained by. Source(s): OBAMA ENDORSEMENTS:
http://www.eyeblast.tv/public/video.aspx…
THE NEW BLACK PANTHER PARTY
MARXISTS/SOCIALISTS/ COMMUNISTS FOR OBAMA
INTERNATIONAL MUSLIM LEADER IMAM MOHAMMED
COMMUNIST PARTY USA & ITS LEADER/CHAIRMAN SAM WEBB
HAMAS
LOUIS FARRAKHAN & THE NATION OF ISLAM
DEMOCRATIC SOCIALISTS OF AMERICA - WHO HAVE ENDORSED OBAMA SINCE 1996
THE MUSLIM AMERICAN SOCIETY
TERRORIST FUNDRAISER HATEM EL HADY - WHO IS NOW A FUNDRAISER FOR OBAMA'S CAMPAIGN. IN 02/06 EL HADY'S OFFICE WAS RAIDED & CLOSED BY US FEDERAL AGENT'S WHO SEIZED TERRORIST FUNDS FROM EL HADY WHO WAS ALSO IMPLICATED IN UK TERRORIST BOMBINGS
WILLIAM AYERS
TONY REZKO
QADHAFI
FIDEL CASTRO
CYNTHIA K MILLER - WHO IS A MEMBER OF THE NATION OF ISLAM & WAS THE OFFICIAL TREASURER OF OBAMA'S US SENATE CAMPAIGN
" MUSLIMSFOROBAMA08.COM "
SOCIALIST PARTY USA
Source(s):
ALL OF OBAMA'S ABOVE ENDORSEMENTS CAN BE VERIFIED IF YOU GOOGLE THEM
Because he wanted everyone to own a home. Whether they could reimburse for it or not. Whether they had a job or not. No credit-no problem. Bad credit- no problem. Just approaching all the democrats who caused this problem and refuse to even vote when McCain asked for regulation!
to Linda C- the case was dismissed when the party voluntarily settled- part of the settlement was to breed sub-prime loans available. Source(s): 22 years in the mortgage business. Not doing sub-prime loans.
He like to help minorities and poor people grasp into houses they can't afford at the expense of the taxpayers who work to pay their mortgage on time.
He's an attorney. Attorneys are paid, by their clients, to file lawsuits. What's so funny is that you are trying to pretend that this one incident is the precipitating incident of the meltdown. How funny and spiritless.
http://www.snopes.com/politics/obama/loa…
This was 14 YEARS AGO! This has without doubt nothing to do with the current crisis.
And these rules be even perversely used later on by lenders to practice predatory lending, which is loaning culture money you know they can't pay back so you can confiscate their house and put up for sale it at a profit!
That is what congress and McCain were meeting going on for a few years ago - not derugulation! This whole thing have been misrepresented by conservatives in a outstandingly shameful manner.
Really. Really. I gotta vote again.
Surely Wall Street did no wrong. Tell me they didn't lend any money. Destroys my faith in the Citibank policies. Oh NO!
I did not know that ............ and I bet the media doesn't give it the publicity it deserves.
The blinkers on Democrats will not believe it anyway.
Honestly, it seem as though you didn't even read your facts.
Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive nouns, actual damages, and punitive damages.
That in no way states that these race didn't have enough money to receive a home. This is no way proves that he helped ruin the discount. It just shows that he fought for minority applicants to get homes, and that the alleged wall was rejecting minority applicants that had their finances contained by order.
So, you want us to believe that Senator Obama, was the create of the collapse of these banks? You had better describe McCain, because I don't think he know, and he could use all the firing power he can attain, and he hasn't used that one yet.
He did it to make money and to own it filter to his contributions. Name one other person in the senate for two years who can run for president be unknown and own people contribute about 400 million plus to your campain and be black. Hillary say. Give me a break! Source(s): politics
this type of legal performance against these financial institutions started the snowball
How could this have cause the meltdown when the case was dismissed on May 12th 1998? Maybe you should read what you post. Try reading this and checking it out. This could own been the beginning to this termination.
The Keating Five were five United States Senators accused of corruption within 1989, igniting a major political scandal as constituent of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators, Alan Cranston (D-CA), Dennis DeConcini (D-AZ), John Glenn (D-OH), John McCain(R-AZ), and Donald W. Riegle (D-MI), be accused of improperly aiding Charles H. Keating, Jr.,chairman of the substandard Lincoln Savings and Loan Association, which was the target of an investigation by the Federal Home Loan Bank Board (FHLBB).
The result of the collapse of Lincoln Savings and Loan was that 21,000 mostly elderly investors lost their enthusiasm savings....McCain was further criticized for accepting personal gifts and holidays from Keating, accepting free use of Keating's private shot, as well as accepting hundreds of thousands of dollars of campaign nouns from Keating.
So you're saying that Obama is responsible for the discount?
Related Questions:
When do PMI payments come rotten my mortgage loan?
I know that my loan has to have at tiniest 20% paid, but my question is this. Does the 20% hold to be from the principal or the total loan? Most of my payments now are going toward the interest on the loan, so...
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois
Case Summary
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank have engaged in redlining practices within the Chicago metropolitan area in contravention of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive nouns, actual damages, and punitive damages.
U.S. District Court Judge Ruben Castillo certified the Plaintiffs’ suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs’ motion to compel discovery of a sample of Defendant-bank’s loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).
The party voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
Plaintiff’s Lawyers
Obama, Barack H. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Alexis, Hilary I. (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Childers, Michael Allen (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Clayton, Fay (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cummings, Jeffrey Irvine (Illinois)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Love, Sara Norris (Virginia)
FH-IL-0011-9000
Miner, Judson Hirsch (Illinois)
FH-IL-0011-7500 | FH-IL-0011-9000
Wickert, John Henry (Illinois)
FH-IL-0011-9000
Answers:
Because he is criminal first. And he get kick backs. Why else? Democrat for McCain/Palin 2008.
because he is scum
Explosive Video, Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae
http://www.youtube.com/watch?v=usvG-s_Ss…
Burning Down The House: What Caused Our Economic Crisis? V2
http://www.youtube.com/watch?v=NU6fuFrdC…
Because of his associations next to the left wing criminal group ACORN.
so I guess it is BARRACK Hussein OBAMA'S fault that the wall became predatory lenders . They were Force by relatives like OBAMA and FRANKS to lower the standards. There's a change you can believe contained by. Source(s): OBAMA ENDORSEMENTS:
http://www.eyeblast.tv/public/video.aspx…
THE NEW BLACK PANTHER PARTY
MARXISTS/SOCIALISTS/ COMMUNISTS FOR OBAMA
INTERNATIONAL MUSLIM LEADER IMAM MOHAMMED
COMMUNIST PARTY USA & ITS LEADER/CHAIRMAN SAM WEBB
HAMAS
LOUIS FARRAKHAN & THE NATION OF ISLAM
DEMOCRATIC SOCIALISTS OF AMERICA - WHO HAVE ENDORSED OBAMA SINCE 1996
THE MUSLIM AMERICAN SOCIETY
TERRORIST FUNDRAISER HATEM EL HADY - WHO IS NOW A FUNDRAISER FOR OBAMA'S CAMPAIGN. IN 02/06 EL HADY'S OFFICE WAS RAIDED & CLOSED BY US FEDERAL AGENT'S WHO SEIZED TERRORIST FUNDS FROM EL HADY WHO WAS ALSO IMPLICATED IN UK TERRORIST BOMBINGS
WILLIAM AYERS
TONY REZKO
QADHAFI
FIDEL CASTRO
CYNTHIA K MILLER - WHO IS A MEMBER OF THE NATION OF ISLAM & WAS THE OFFICIAL TREASURER OF OBAMA'S US SENATE CAMPAIGN
" MUSLIMSFOROBAMA08.COM "
SOCIALIST PARTY USA
Source(s):
ALL OF OBAMA'S ABOVE ENDORSEMENTS CAN BE VERIFIED IF YOU GOOGLE THEM
Because he wanted everyone to own a home. Whether they could reimburse for it or not. Whether they had a job or not. No credit-no problem. Bad credit- no problem. Just approaching all the democrats who caused this problem and refuse to even vote when McCain asked for regulation!
to Linda C- the case was dismissed when the party voluntarily settled- part of the settlement was to breed sub-prime loans available. Source(s): 22 years in the mortgage business. Not doing sub-prime loans.
He like to help minorities and poor people grasp into houses they can't afford at the expense of the taxpayers who work to pay their mortgage on time.
He's an attorney. Attorneys are paid, by their clients, to file lawsuits. What's so funny is that you are trying to pretend that this one incident is the precipitating incident of the meltdown. How funny and spiritless.
http://www.snopes.com/politics/obama/loa…
This was 14 YEARS AGO! This has without doubt nothing to do with the current crisis.
And these rules be even perversely used later on by lenders to practice predatory lending, which is loaning culture money you know they can't pay back so you can confiscate their house and put up for sale it at a profit!
That is what congress and McCain were meeting going on for a few years ago - not derugulation! This whole thing have been misrepresented by conservatives in a outstandingly shameful manner.
Really. Really. I gotta vote again.
Surely Wall Street did no wrong. Tell me they didn't lend any money. Destroys my faith in the Citibank policies. Oh NO!
I did not know that ............ and I bet the media doesn't give it the publicity it deserves.
The blinkers on Democrats will not believe it anyway.
Honestly, it seem as though you didn't even read your facts.
Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive nouns, actual damages, and punitive damages.
That in no way states that these race didn't have enough money to receive a home. This is no way proves that he helped ruin the discount. It just shows that he fought for minority applicants to get homes, and that the alleged wall was rejecting minority applicants that had their finances contained by order.
So, you want us to believe that Senator Obama, was the create of the collapse of these banks? You had better describe McCain, because I don't think he know, and he could use all the firing power he can attain, and he hasn't used that one yet.
He did it to make money and to own it filter to his contributions. Name one other person in the senate for two years who can run for president be unknown and own people contribute about 400 million plus to your campain and be black. Hillary say. Give me a break! Source(s): politics
this type of legal performance against these financial institutions started the snowball
How could this have cause the meltdown when the case was dismissed on May 12th 1998? Maybe you should read what you post. Try reading this and checking it out. This could own been the beginning to this termination.
The Keating Five were five United States Senators accused of corruption within 1989, igniting a major political scandal as constituent of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators, Alan Cranston (D-CA), Dennis DeConcini (D-AZ), John Glenn (D-OH), John McCain(R-AZ), and Donald W. Riegle (D-MI), be accused of improperly aiding Charles H. Keating, Jr.,chairman of the substandard Lincoln Savings and Loan Association, which was the target of an investigation by the Federal Home Loan Bank Board (FHLBB).
The result of the collapse of Lincoln Savings and Loan was that 21,000 mostly elderly investors lost their enthusiasm savings....McCain was further criticized for accepting personal gifts and holidays from Keating, accepting free use of Keating's private shot, as well as accepting hundreds of thousands of dollars of campaign nouns from Keating.
So you're saying that Obama is responsible for the discount?
Related Questions:
When do PMI payments come rotten my mortgage loan?
I know that my loan has to have at tiniest 20% paid, but my question is this. Does the 20% hold to be from the principal or the total loan? Most of my payments now are going toward the interest on the loan, so...