Homeowners, advocates want bank reps jailed for foreclosure fraud

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Homeowners, advocates want bank reps jailed for foreclosure fraud

Homeowners, advocates want bank reps jailed for foreclosure fraud

CBS Atlanta-

Homeowners and anti-foreclosure advocates are calling for bank officials and attorneys to be criminally investigated and jailed for using fraudulent documents to force families from their homes. 

Despite settling claims of foreclosure fraud with the U.S. Justice Department and 49 states, no bank official has been held criminally responsible for the submitted false documents in untold thousands of foreclosure proceedings.

“It makes mafia’s organized crime look like fifth-grade math,” said Patrick Powell of Cumming. 

Powell said he became a victim of massive foreclosure fraud when he attempted to modify the loan on his Forsyth County home. He said the bank told him not to make his mortgage payments while it worked out the loan modification, then lost his 60-page modification application six times. 

[CBS ATLANTA]

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One Response to “Homeowners, advocates want bank reps jailed for foreclosure fraud”

  1. papergate says:

    Can we get a copy of this guy’s Patrick Powell v American . . . (GA) complaint? Would love to read it!

    Thanx!

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