Tuesday, April 5, 2011

The foreclosure mess isn’t going away

This is a must view.  It's nothing new, but it sums up what happened with Foreclosuregate.
We've told you before about how big banks cut corners on paperwork over the last few years in order to speed struggling homeowners into foreclosure. And a "60 Minutes" report that aired last night offers fresh anecdotal reporting on just how irresponsible--and potentially fraudulent--the banks' practices were. Meanwhile, compelling video of a grandmother being evicted from her home by a SWAT team last week suggests the banks aren't slowing down their rush to foreclosure and eviction
Read it all

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