GAO: Bank Regulators Not Even Looking At Forelcosure Practices
A rather nauseating statement from a Government Accountability Office report on foreclosures: Because they generally focus on the areas with greatest risk to the institutions they supervise, federal banking regulators had not generally examined servicers’ foreclosure practices, such as whether foreclosures are completed; however, given the ongoing mortgage crisis, they have recently placed greater emphasis on [...] Related Stories Will The Fed Withdraw Its Foreclosure Predator Bailout? The Fed’s New Foreclosure Predator Bailout Economic Sabotage: The Real Conservative Agenda
View full post on All Stories
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
