Banks Breaking Into Homes
And the beat (continues) to go on.
Banks are just breaking down doors of foreclosure properties whenever they want
The inspectors who decide whether homes have been abandoned and are ready for foreclosure are doing such a terrible job that the whole system requires a major overhaul, and maybe should be scrapped altogether, a government watchdog warned on Tuesday.
Property inspectors hired by banks and other mortgage companies are routinely doctoring photographs to make it look as if they have visited a property when they actually haven’t, among other serious record-keeping errors, according to a report by the inspector general of the Federal Housing Finance Agency, the nation’s top housing regulator.
What’s more, federal requirements that inspectors pass criminal background checks have been “inconsistently adopted” by the dozen or so mortgage companies that hire inspectors, according to the report. The Huffington Post has previously reported on how property inspectors, some with criminal backgrounds, are accused in hundreds of lawsuits of breaking into occupied homes and stealing or trashing people’s possessions.
