Quote:
Originally Posted by BFT3K
New York Attorney General Kicked Off Government Group Leading Foreclosure Probe
from the article...
The Obama administration officials -- in particular, Treasury Secretary Timothy Geithner and HUD Secretary Shaun Donovan -- have publicly stated on numerous occasions that they want a quick resolution to the 50-state mortgage probe.
Sources said attorneys general like Schneiderman, along with the top legal officers from Massachusetts, Delaware and Nevada, among others, were complicating that goal by questioning the plan to scuttle the state and federal investigations in exchange for a settlement.
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I am going to have to reluctantly agree with you here. The tales of rampant abuse and outright fraud committed by BOA and others on foreclosures is really outrageous and should not be swept under the rug. In some cases BOA foreclosed on homes which did not even have a loan...... these were not just honest mistakes but a pattern of fraudulent foreclosures that affected thousands of homeowners.