A study of California foreclosures released late yesterday found that 99% of the files examined had some sort of irregularity and 84% of them had “one or more clear violations of law.” The study provides fresh evidence, to some, that the $26 billion foreclosure settlement with Bank of America and other big lenders was just a down payment on their ultimate liability for “robosigning” and other illegal acts.
Friday, February 17, 2012
Mortgage-Audit Firm -- Surprise! -- Finds Lots of Errors in Foreclosures
Mortgage-Audit Firm -- Surprise! -- Finds Lots of Errors in Foreclosures
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