Relevant:
- Report: Bank of America, Wells Fargo received incentives but mortgages redefaulted
- Servicers Initiate 230,000 HAMP Trials, Says Treasury
- New York Jumps Ahead of Feds With Law Holding Mortgage Companies Accountable on Mods
- BofA Completes 33,000 Permanent HAMP Mods
- New Jersey Supreme Court's Guillaume decision meaningless -- Should foreclosure defense rethink its strategy?
2011-06-10 — ml-implode.com
"So, that's a good thing, I suppose. I mean, after more than two years, it's nice to see Treasury doing something to punish the mortgage servicers who've been ignoring rules, abusing homeowners, and foreclosing on homes they should not be foreclosing on for... oh, let's see... I don't know... June, July, August... plus seven... carry the three... oh yeah... OVER TWO YEARS!"
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