Tuesday, August 25, 2009

Today it seems as if the banks are all coordinating together to milk as much money from the American people as they possibly can. It is very common for a bank to sit back and let a home go to foreclosure because they have no vested interest in the home other than the servicing fees.

The servicer sells the loan to the investor, the investor gets an insurance policy on the loan so when it defaults they get paid off. It is no wonder why they let the home foreclose it is a win win for the banks.

We need to hold banks accountable and stop letting them steal the liberty form the American People!
Loan Modifications, Short Sales, Debt Consolidation, Tax Settlement and Litigation
Provided by Lugash Law Center
San Diego, CA 92106

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