Foreclosure settlement puts hundreds of Charlotte temps out of work
More than 200 Charlotte workers are out of a job as a result of the banking industry foreclosure settlement announced this week.
Promontory Financial Group says it has ceased employing thousands of temporary legal and finance professionals across the country. More than 200 workers in Charlotte were told this week they were no longer needed, company spokeswoman Debra Cope tells the Charlotte Business Journal.
Promontory is one of several large consulting and outsourcing firms that big banks contracted with to review foreclosure cases that may have been mishandled. Promontory’s clients include Charlotte-based Bank of America, Wells Fargo & Co. and PNC Financial Services Group.
“As a result of the termination in independent review, people were let go,” Cope says.
Rest here…
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If You Lay Down With Dogs you can get Fleas…I’m finding it very hard to feel pity for these workers after the way we were treated and hearing/reading the other stories of people who waited for over a year or more and nothing ever happened. They were treated like they were dealing with the people at the banks, and why because the bak was running the show all along..It was a way to to quell the situation while their homes were taken. Does anyone Really think this new settlement will help anyone but the BANK??
Are we supposed to feel bad about this? Sorry, but I don’t. Besides, these were in fact ‘temp’ jobs, meaning that it is short lived. They were all working for the gansta banksters behind the scenes…no pity here. But, aha, they can file for unemployment and live off the government for a while, paid for by whom????