Minimal Foreclosure Fraud, Maximum Foreclosure News
It was recently reported that banks intended to continue foreclosures after a period of internal review. The good ole hack media, along with the usual Obama admin suspects, jumped right into the fray via the Fed... I find this article to be complete CRAP, but typical of the media and Obama admin. One, the hack media sees fit to use the word "BIG" as a prefix for everything private sector. If most private sector companies deserve the prefix "BIG," then ALL Government agencies deserve the word "BIGGEST." Translation.. Fear BIG Mortgage, but not BIG ObamaCare, EPA, et al... Ugh! I digress though... I also find this article and Fed involvement comical. After all these months and investigations the best they have is "improper signatures," missing paperwork, etc... There are record foreclosures and these banks are probably swamped in paper. However, there was virtually ZERO unwarranted foreclosures. NO ONE was kicked out of their home unless they DESERVED it! How does a person "earn" foreclosure? They stopped paying their mortgage! Duh! So we have deserving foreclosures, but but but wait a sec... It is still "sleazy," according to the media and Fed, because some minor detail was missed. Ugh! Of course, in the Government world, pushing paper is an art form honed over decades of bureaucratic sloth. I guarantee whatever error rate the banks have, it is a faction of a percent of what the Government has now, or will have in the future. You think a minor paperwork glitch is a scandal now? Wait for when grandma can't get a new hip because some overpaid hack Government paper pusher experienced "errors." Ugh! Ugh! Ugh!


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