Tuesday, October 5, 2010

Now one million foreclosures are temporary stopped

This is follows up a post from yesterday
Real estate executives, lawyers and lenders are involved in this latest Washington scandal.  Thousands of lawsuits are expected to be filed by homeowners against the lenders involved, alleging fraud in filing the foreclosure applications.
A lawyer for a homeowner in one case already, James O'Connor of Fitchburg, MA, told The Wall Street Journal alleged illegal foreclosure actions by lenders are rampant throughout the industry.
Here are the list of major banks
Those lenders are JP Morgan Chase, Citigroup, HSBC, PNC, Wells Fargo, Bank of America and U.S. Bank, which is not affiliated with the federal government.

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