Sunday, May 15, 2011

US Trustee Estimates Servicing “Errors” at 10x Level Claimed by Banks (and Parroted by Federal Regulators) « naked capitalism

US Trustee Estimates Servicing “Errors” at 10x Level Claimed by Banks (and Parroted by Federal Regulators) « naked capitalism Massive cover up still underway US Trustee throws a wrench in the works by revealing more realistic numbers related to servicer abuses against home owners. Finally, a realistic view of what really has been going on in the banking industry. The industry and its servicers has been running wild sparing no abuse. The law seems not to apply to the banks and their strong arm servicing units. Make big money in penny stocks today

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