2010-05-05montrealgazette.com

"The Bank of Montreal is suing hundreds of people — lawyers, mortgage brokers, its own employees and even a member of Parliament — over what the bank says is a mortgage fraud involving $120 million in property.



Comments:

Dinochick at 05:34 2010-05-07 said:
If you think about it, this is entirely feasible.

What about all those pushy brokers? How many times did reps and branch managers push through loans their underwriters advised not to. Or processors and underwriters that looked the other way.

While they were "small" loans, and only here and there, it adds up.

These are the consequences... Right on... Accountability, what a concept!!! Permalink

rocketrob at 07:32 2010-05-10 said:
GO CANADIENS!!!

When are we going to see that action in Amerika? (lol's) Permalink

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