U.S. official warns banks of lawsuits...

U.S. official warns banks of lawsuits over mortgage misconduct

Posted in the Banking Forum

The Startling Discovery

Dunkirk, NY

#1 Jul 16, 2014
Read this: U.S. official warns banks of lawsuits over mortgage misconduct

A U.S. Department of Justice official on Wednesday told banks under investigation in connection with mortgage securities sold before the financial crisis to admit to misconduct and pay substantial penalties or face lawsuits from the agency. The warning from No. 3 Justice official Tony West comes…
Reuters
The Startling Discovery

Dunkirk, NY

#2 Jul 16, 2014
Aside from the Banking Mortgage Fraud, the home owners suffered the huge loss of their properties...

I noticed the sharp decline of value in the owners' Real Estate - Those houses built three decades ago could hardly command A Decent Price!

A Double Whammy for the Retirees!!! Forget about to Flip the House...Some trying to get A Decent Return of Investment are surely sorry for A Life of No Return!!!

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