Banks Commit Mortgage Fraud

let's take a look. / more a the link

snip

In a letter to Attorney General Eric Holder, Federal Reserve Board Chairman Ben Bernanke and U.S. Comptroller John Dugan, the lawmakers said recent reports that Bank of America,J.P. Morgan Chase and Ally Financial may have improperly approved thousands of foreclosures "amplify our concerns that systemic problems exist."

Banks "have repeatedly misled and obstructed homeowners from receiving the help Congress and the Administration have sought to provide," they wrote. "The excuses we have heard from financial institutions are simply not credible three years into the crisis."

http://www.washingtonpost.com/wp-dyn/content/article/2010/10/05/AR2010100503969.html?hpid=topnews