Banks Still Fleecing Homeowners

Cordray, Pissed

Zach Carter of The Huffington Post says America’s mollycoddled mortgage industry continues to victimize homeowners:

Homeowners persistently bemoaned exactly these problems for years prior to the 2012 settlement, which was supposed to end bad mortgage handling, such as borrowers being evicted by one wing of their bank after another wing had bungled paperwork intended to help them stay in their homes. The CFPB warned Wednesday that paperwork issues could still cause “unnecessary foreclosures.”

Read the CFPB Report.