Review of Foreclosure Fraud Is Set

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Review of Foreclosure Fraud Is Set

Review of Foreclosure Fraud Is Set

Sorry to interrupt. But here it goes because “WE” have trust issues.

Exactly what qualifications do these “third-party companies” have? What if the servicer is not one of the 14? What will happen to deficiency judgements, in case they try to come after you? Because as I picture it, those of you who “may” get pocket change thrown at you might get hit with a DJ before the change lands in your hands. Then here goes the beauty of this article

“It hasn’t been determined whether borrowers that accept restitution would have to agree to surrender related legal claims.”

Think about this one and what it all means. It’s the same type of garbage they were trying to throw at NY AG Schneiderman.

But it don’t matter because they’re moving “full-steam ahead” with a settlement with or without participating AG’s.

WSJ-

Millions of current and former homeowners will have a chance to get their foreclosure cases examined to determine whether they should be compensated for banks’ mistakes, under a wide-ranging review being planned by federal regulators.

The review process, which could be unveiled in the next few weeks, will be open to borrowers who were in some stage of foreclosure in 2009 or 2010. Estimates prepared by the Office of the Comptroller of the Currency, which will oversee the review, indicate that 4.5 million borrowers could be eligible for review.

[WALL STREET JOURNAL]

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CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

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One Response to “Review of Foreclosure Fraud Is Set”

  1. truly says:

    The OCC? Hah! 2009-2010 4.5 million borrowers? What about the rest of us? Eligible? Bull!

    So far, I’m not in the group, I’m Robosigned out the wazoo, Sheriff’s sale is scheduled for tomorrow. What about all those Americans already thrown out on the street?

    STOP the FORECLOSURES!
    SOMEBODY! GET… A… GRIP!!!

    Who would EVER believe that this Nation would come to this kind of OPPRESSION of ITS PEOPLE, a GLOBAL HUMILIATION? WE are the MODEL?!@#? WHERE are we “Nation-building” abroad? God help them.

    We have become everything that we have been taught to DESPISE.

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