OCC – Correcting Foreclosure Practices

Correcting Foreclosure Practices – Updated August 28, 2013

foreclosure_review_cartoon1While cruising the Internet looking for the status of a particular bank, the Office of the Comptroller of the Currency (OCC) Independent Foreclosure Review website jumped into view. The OCC website is worth an examination even though the Submission Window is closed (way too early IMHO) as there are numerous CONSENT ORDERS made available for viewing. 

Of course the accused financial and/or financial related companies never admit or deny the the “Findings” from the examination by the: Continue reading

Banks Get To Name Their Own Price – Independent Foreclosure Review More Like Priceline.com

110714obamabanksters“Sneaky” comes to mind to describe the government and the banksters regarding two settlements between US banks and government regulators who alleged that the banks were guilty of widespread abuse of the foreclosure system that allowed banks to seize homes from defaulting borrowers. The banksters agreed to pay out more than $20 billion on Monday to resolve claims arising from the mortgage crisis. Continue reading