The Foreclosure Debacle and the Big Banks lack of honesty

  1. JBTownsend profile image61
    JBTownsendposted 4 years ago

    What do the average Americans really know about the "Foreclosure Debacle," and the Big Banks lack of honesty with this whole process....ROBO Signing (falsifying legal bank documents), the blank endorsements moving one mortgage through the gauntlet of a series of Servicer's (banks)  without the required notary signatures and promissory note to go with it?  How big of a mess is the housing industry really in?
    Did you know the "Big Banks" have spent over 100 Billion Dollars just on their legal fees during the Foreclosure Debacle with all of the lawsuits going on and the buying back of mortgages.