7.26.2013

But you wouldn't want those homeless homeowners (what?) getting greedy now, would you?

Wrongful Bank Foreclosure Has Not Led To Compensation For Victim

The Department of Justice and 40 state attorneys general announced a $25 billion settlement with five big banks last year over foreclosure fraud. Yet less than half of the funds meant to provide homeowners who had been improperly or illegally foreclosed on with relief had been dispersed as of October. Much of the money hasn’t even gone to helping homeowners at all.

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