So those who now have realized that the housing down turn was not just a lot of lousy homeowners not paying but the banks forcing their clients to foreclose by raising payments, refusing loan modifications, force placing insurance on homes that already were insured,losing customers payments that were made and not bothering to find them, not dropping interest rates- which they were paid billions buy our government to do.Why- because now we know the banks insured these homes at the the time the loans were taken out and did credit default options on these homes as well-so if they could get their lendee to some how miss a payment, question a payment...
they're by being paid 2 or 3 times the value of the home if the owner was foreclosed on. They are laughing all the way to their bonuses!!! And millions of homeowners are left with nothing...all their equity stolen, out on the street with ruined credit......what did our "fast track" Judges do in the courts???? Did they listen to the homeowners or just the banks....how long can a homeowner afford to pay a lawyer $175 an hour to defend against these big banks and their attorneys before they are broke and give up???
THIS is the WORST SCAM to hit our country in decades and it is still going on. It will be interesting to see how it all plays out.....who will take responsibility for the billions of dollars taken from homeowners...the banks, judges, attorneys.......who has the balls to really put this under a microscope and do the right thing? Watch 99 Homes good movie on what happened in the SW Florida market.
Should people have to commit suicide because everything they have is gone-stolen from greedy banks?I think not!FIGHT BACK!
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