In partnering with attorneys general from states across the country, the Obama Administration has brokered a $25 billion mortgage settlement deal set to relieve distressed homeowners fighting foreclosure and to target fraud. The Up panel, joined by Delaware Attorney General Beau Biden, explains the details of the deal.
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Everyone knows alleged principal alleged reduction of an alleged loan is SEMANTICS. The banks twist numbers of the alleged principal of the alleged loan, so the abusive banksters win as soon as the alleged loan is VALIDATED by the principal reduction.
Banksters love it when their fraudulent loans are validated by the alleged debtor. I worked for the banks; I know.
Banksters win on principal reduction because the victim validates the banksters’ false numbers.