Maybe the New And Improved President of the United States of Amerika will stand up and hold Wall Street and The Banks accountable. Kinda hard to imagine that though when he’s the president they bought. But if the political pressure were strong enough, maybe the Monitor of the National Mortgage Sellout would actually do something to hold them accountable…..(breath holding);
From NY Times:
In February, when five big banks settled with government officials over evidence of foreclosure fraud, the deal was greeted with skepticism. The banks agreed to provide $25 billion in mortgage relief to hard-pressed borrowers, $17 billion of it from reducing the principal on troubled loans. The government considered that a victory, because banks resist principal reductions, but banks have a reputation for promising amends that never seem to get made.