While House Republicans push to eliminate new net neutrality regulations adopted by the Federal Communications Commission (FCC), Sen. Al Franken (D-MN) announced Monday he will introduce legislation to make violations of net neutrality a crime.
“I’m introducing a new bill that would call violations of net neutrality out for what they are – anti-competitive actions by powerful media conglomerates that represent violations of our anti-trust laws,” Franken said at this year’s South By Southwest (SXSW) Interactive Festival in Austin, Texas.
“We don’t allow big corporations to use their size to bully their competition, and my bill would make it clear that this applies to telecoms that use their power to control the Internet.”
Sen. Franken, please allow this site to make it very simple for you and address your concerns of the very problematic ‘robo-signing’ issues that you find troubling. There is an address in your neck of the woods that you should be made aware of 1270 Northland Dr Ste 200 Mendota Heights, MN 55120 (link)… Then stop over to learn all about this default servicing ‘robo-signing’ company here LPS (link). In a most recent case coming from New Jersey names Laura Hescott an employee of LPS (link) the person who executed the assignment of mortgage. The Judge states the following “The bona fides of the practices of this service provider have been the subject of increased judicial scrutiny. See, e.g.,In re Taylor, 407 B.R. 618, 623 (Bankr. E.D. Pa. 2009).”(link).
Franken urges reform on foreclosure ‘robo-signing’
Sen. Al Franken participated in a U.S. Senate hearing on Tuesday regarding the foreclosure process and ways that the federal government could help Americans keep their homes while also preventing investors from losing their investments. Franken said that one of the biggest problems fueling the foreclosure crisis is “robo-signing,” a tactic used by lenders to speed up the foreclosure process.
“Many problems have come to light since the beginning of the foreclosure crisis,” Franken told the Senate Judiciary Committee. “Most recently, we have seen mortgage servicers fraudulently signing affidavits to execute foreclosures, when they have zero personal knowledge of the individual borrower’s situation. This problem, known as robo-signing, is particularly troubling to me.”
“Unfortunately, concerns have been raised that Ally’s practices are not an anomaly in this industry, and that these bad practices are used by numerous other companies as well,”
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