General Discussion
In reply to the discussion: Obama to Grant Banks Robosigning Immunity [View all]sabrina 1
(62,325 posts)I think you would feel very differently if you were one of the victims of the foreclosure fraud, as my friend was. It's no small thing to have a bank literally steal your home and to use forgery to do so.
The government has acknowledged now that people were wrongfully foreclosed on with its latest attempt to 'review' all foreclosures from Jan 2009 to Dec 2010. My friend lost, no, had her house stolen, in Jan 2010. The person who bought it, doesn't own it either because of the forgeries in the paperwork.
To say all of this should just be swept under the rug is simply to not understand the vast corruption involved which, if not accounted for, will continue to poison the mortgage industry.
What is needed are investigations starting last year, as recommended by the Bi-Partisan Senate Committee after its own two year investigation. They sent those recommendations to the Justice Dept. But so far, nothing has come of that.
We are still a country of laws. To say that those laws do not apply to the 1% is simply not acceptable. My friend will be suing Wells Fargo, along with their corrupt Law Mill attorney, Steven Baum, now out of business and under criminal investigation by the NY AG. Too bad ordinary people don't feel like handing over their homes to corrupt bankers and then just forget about it.