Feb. 21 (Bloomberg) — Neil Barofsky, former special inspector for the U.S. Treasury’s Troubled Asset Relief Program and a Bloomberg Television contributing editor, talks about the settlement with U.S. lenders over foreclosure abuses. He speaks with Erik Schatzker on Bloomberg Television’s “InsideTrack.”
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The Fraud by Banksters will continue it never stops !
How and why does a servicer get a dime out of anything? They are servicers. Not the lenders. The banks don’t own loans, they sold them off to the ‘lenders’ (trust investors). Why aren’t the trusts and the title insurance companies suing these bum’s in the court of public opinion?
Amen to that! Are you fighting back if you have a mortgage?
Because of the tax implecations! Why else?