Friday, March 11, 2011

Fed: Banks Did Not Make Single Wrongful Foreclosure - Consumer advocates livid over finding

WARNING ;;; THIS WILL MAKE YOU MAD... OBVIOUSLY THE FEDS CAN'T READ.. THERE HAVE BEEN MANY FORECLOSED ON THAT HAD HOMES WITH NO MORTGAGE, NO LOAN AND NO PAYMENTS OWING. ARE THEY C R A Z Y ????? I think someone needs to educate the Feds! dont' even get me started!


Is this a set up to coverup the corruption in the courts????.... Feds are totally ignoring that many courts have already decided there were wrongful foreclosures!   What a bunch of morons we have in high places. 


Fed: Banks Did Not Make Single Wrongful Foreclosure - Consumer advocates livid over finding: "(NEWSER) – The Federal Reserve’s probe into the robo-signing scandal and other abusive mortgage practices failed to turn up a single wrongful foreclosure, the Fed’s Consumer Advisory Council revealed yesterday. But many consumer advocates on the council, which is made up of outside experts, complained that the Fed had too narrowly defined “wrongful foreclosure,” with some expressing fears that the public wouldn’t take the review seriously, the Huffington Post reports.

The Fed defined “wrongful foreclosure” as the repossession of a home whose owners were not significantly behind on their payments."


Check this additional article: http://zingervotes.blogspot.com/2011/03/federal-reserve-expected-to-claim-no.html

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