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« Fannie & Freddie Will Not Kick You Out If You Stop Paying your Mortgage (VIDEO) | Main | David Faber: Bank Of America NOT Out Of The Woods, Still Faces MASSIVE Mortgage Liability Risk - Video »
Sunday
Jan092011

Foreclosing on People Who Never Missed a Payment

Video - Yves Smith on The Real News

 

  • "Mortgage service industry makes more money from foreclosures than from restructuring debt."

 

 

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Reader Comments (7)

Nothing will happen for any of these people until heads roll. Period. The banks and/or servicers will not change until they have to, and it's no longer profitable to be the f**k-ups that they are. Keep up getting the news out!
Dec 21, 2010 at 4:04 PM | Unregistered CommenterMike
thanks mike...
Dec 21, 2010 at 4:32 PM | Registered CommenterDailyBail
Dec 21, 2010 at 4:33 PM | Registered CommenterDailyBail
@ Mike............................
Nothing will happen for any of these people until heads roll. Period. The banks and/or servicers will not change until they have to, and it's no longer profitable to be the f**k-ups that they are. Keep up getting the news out!

You are sooooooo-right. Plus, how far back do we want to go to prove that both House's will neaver step in to protect us from them. Why in "F***k" did we put them in thAre to protect us from Them.

Like DB has said, we have more than enought proof to hang them & throw them to the Buzzerd's, but it will neaver happen. They are all in one Toilet, spalshing turds around with Barny Frank.

The Dick, is Neaver Far from the "Ass Hole"........................! Goverment-Ass Hole......................Wall Street-Dick..........! I think goverment likes Wall Street up thAre Ass.............!!!!!!!! ?
Dec 22, 2010 at 8:26 PM | Unregistered CommenterTexas Dar
Crash and burn, actually funny to watch.
Dec 22, 2010 at 10:51 PM | Unregistered CommenterCold Snap
This is what is scarring me to death.......we redid our bank loan just 5 years ago to put on the new front of our cabin with Anns windows all the way to the peak, and my Jotul fire place in the corner.

So were still on the radar screen. We have no clue as to who has our note. If this should happen to us it will be the "Last Straw"....We still have 4 years to go.

Our "Snow White Carpet" in the cabin would change color fast if anyone breaks threw the front door to change out the lock......!
Dec 23, 2010 at 5:43 PM | Unregistered CommenterTexas Dar
What an extraordinarily attractive and eloquent woman. Beautifull smile.
Mike is right, they won't change until there's no profit for them to keep on.
Jan 10, 2011 at 6:46 AM | Unregistered CommenterCanuck

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