The foreclosure mess isn’t going away

Zachary Roth
Yahoo! News
April 5, 2011

We’ve told you before about how big banks cut corners on paperwork over the last few years in order to speed struggling homeowners into foreclosure. And a “60 Minutes” report that aired last night offers fresh anecdotal reporting on just how irresponsible–and potentially fraudulent–the banks’ practices were. Meanwhile, compelling video of a grandmother being evicted from her home by a SWAT team last week suggests the banks aren’t slowing down their rush to foreclosure and eviction.

Read entire article and watch video

This article was posted: Tuesday, April 5, 2011 at 11:17 am

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