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.
by GL Bell7 years ago
Just saw this on morning news...If this is true than we have seen nothing yet...
by erickazoso8 years ago
I'm curious what others think, in my opinion, the current recession we're in is simply the fault of the people that wanted a house and either couldn't afford their loans or didn't educate themselves properly on the loan...
by And Drewson6 years ago
I have a serious question about the state of Americans and all the job losses, defaulted loans, housing market collapse, etc.Should the government have a one-time reprieve for people that have been damaged by all...
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