Comments on: Will Foreclosure Abuses Ever End?

By: Kimberli Wilson

Kimberli Wilson — Sun, 28 Oct 2012 01:36:26 +0000

The CFPB solution for the foreclosure problem is not enough.Telling the banks to answer the phone and give people a phone number where a person answers is hardly addressing the massive issues. The solution for force placed insurance is not to tell people in writing that you are going to put in place an over priced insurance policy on their home. THEY ALREADY KNOW THIS! THIS IS THE PROBLEM NOT THE SOLUTION! That is like telling a school bully it is OK to beat people up as long as you give it to them in writing first. Love the CFPB but they need to put all the problems with home lending and foreclosure on a flow chart and see how fragmented their current solutions are. The CFPB is our only hope and they can do it! Thank you Elizabeth for the CFPB!!!!!

By: Ken Hansen

Ken Hansen — Tue, 23 Oct 2012 19:59:45 +0000

Is the CFPB designed to fail? Cordray sounds more like someone watching out for Banking interests, since, let’s be honest, they might be the only consumers that really matter. His latest public hot air was about making sure “credit ain’t made too tight by them rules n’ such, so let’s protect them Banksters who make high quality loans”. This sounds like a press release from a nearby lobbyist. He’s going out of his way to offer special protections to Banks. What do banks need that for!? Ironically, Kirkland & Ellis (Richard’s old gig) is one of Romney’s biggest contributors.

By: ruth ann earhart trummert traci

ruth ann earhart trummert traci — Tue, 23 Oct 2012 19:34:00 +0000

So many families put so much into their homes /those having upgraded to new neighborhood. Seniors investing for retirement planning! Very few winners. Most that created this mess just walked away moved down the street and repurchased once again! Billions given to whistle blowers over inflated appraisals? Robo signing? Lenders thst tried too come foreward lost their jobs! Seniors fixed income dissbility payments a chosen few got to win a lawsuit over something that was rapant with all banks! State government critisized over using funds meant for homeowne rs?? Does anyone think the monies would really be fairly distributef? That it would save someones home??.state government already know it wont be given to deserving citizens might as well spend it where needed!