Foreclosure deal near as banks win more immunity

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Foreclosure deal near as banks win more immunity

Foreclosure deal near as banks win more immunity

It’s official now and it’s very clear that the AG’s behind this foreclosure fraud settlement are purposely doing something so insane that it does not surprise us. For example, take the Michael Hudson’s iWatch series that takes us behind the scenes of what really went down in Countrywide.

Now take a look at what Reuters is reporting the AG’s want to include in the settlement

In recent days, the state attorneys general agreed to release major banks from claims that they made legal errors when first originating the loans, such as approving loans for borrowers without verifying any income, according to two people familiar with the talks.

Is there any other reports out there of more fraudulent activity we can post so this also gets included in the settlement before it’s wrapped up in the coming few days?

Michael?

Gretchen?

Anything?

 …Lets add “Toxic Title” to this equation!

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3 Responses to “Foreclosure deal near as banks win more immunity”

  1. Kathryn says:

    Great coverage and very important detail of settlement talk issues. I watch Dylan Ratigan every day and totally support what he is doing to expose the corruption that is poised to do even greater harm to America. What we know today is still just a bucket of water in the ocean. If the settlement talks simply slap a paltry fine on the banks for robo-signing and give them immunity for the other issues including securitization, even “The Donald” would have to agree that it’s a bad deal for us. I would liken that to throwing a single deck chair off the Queen Mary – who’s going to notice that one is missing? And what difference will that really make? The answer – only the banks will notice how much more they are getting away with and it will really only make a cognizable financial difference to the banks – not their victims. Do the math.

  2. McGruff says:

    The “OCCUPY” crowd should be protesting these people.

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