Schumer Rails On Foreclosure Fees
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2008-05-09 — loanworkout.org
``Schumer documented a pattern of abuse of borrowers through inflated, duplicative, or made-up fees that are often undocumented, undisclosed, and occasionally unlawful. Schumer is specifically considering a number of options for legislation, including expandng the authority of the U.S. Trustee’s office, and dramatically increasing the penalties and sanctions on bad-actor lenders that skirt bankruptcy law.''
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