Not like any regulator gives a s*it. So why should the banks.

Free passes over and over. Idiots on both sides.


LA TIMES-

Banks aren’t living up to pledges they made as part of a $26-billion settlement of government investigations into mortgage servicing and foreclosure abuses, according to an advocacy group’s survey of California housing counselors and lawyers.

The survey, the ninth in a series conducted by the California Reinvestment Coalition, also found that providers of mortgage customer service are in violation of consumer-protection provisions in the California Homeowners Bill of Rights.

“Servicers continue to harm California families and neighborhoods, and aggravate the state’s economic recovery,” Kevin Stein, the CRC’s associate director, said in releasing the survey Wednesday.

[LA TIMES]