I’m watching the entire video again right now, my initial takeaways from watching the video is that all of that it shows just how wildly the issues surrounding foreclosure and mortgage servicing fraud have spun wildly out of control. What cannot be ignored is the fact that most of the issues foreclosure defense attorneys have been warning and raising issues about for years now are finally being admitted by the servicers and lenders and that officials with some power are now being forced to admit that many of the issues we have been raising are significant and profoundly damaging to the entire country.
For too many years, judges have ignored or dismissed the very issues that the Plaintiffs are now marching in front of Congress to admit. These late admissions of fraud, mis service and error do nothing to solve the problems our country is now faced with. We’re all being robbed by the banks and our courts are being abused and taken advantage of.
What we have folks is a Moral Hazard Juggernaut…..Please watch the entire video…..