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  1. #1
    Disturbed's Avatar
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    Housing crises starting to turn around FOR THE CONSUMERS!

    Foreclosure Bill Gets Rejected By Obama | TheLedger.com

    More then this.

    This bill would have made millions of fraudulent home loans legal. Bank of America has been forced to freeze all foreclosures because this didn't pass. Many other banks are also voluntarily freezing them as well, so they can't get sued for a fraudulent loan.

    This also means that there are a few foreclosed homes that the previous owners can go, sue the bank, and get their house + the interest they paid on the loan.


  2. #2
    /b/oss's Avatar
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    "They could process more foreclosure cases with improper and invalid documents and make it more difficult for consumers to try to fight,"

  3. #3
    Toshie's Avatar
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    What's the pint of this?

  4. #4
    Disturbed's Avatar
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    Quote Originally Posted by m_t_h View Post
    "They could process more foreclosure cases with improper and invalid documents and make it more difficult for consumers to try to fight,"
    If it had passed.


    Quote Originally Posted by Toshie View Post
    What's the pint of this?
    There is no "pint" of this since a pint is a measure ment used to measure liquid volume.


  5. #5
    Count's Avatar
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    this is extremely old news






    Early in the morning risin' to the street
    Light me up that cigarette and I strap shoes on my feet
    Got to find a reason a reason things went wrong
    Got to find a reason why my money's all gone



  6. #6
    Solley's Avatar
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    Quote Originally Posted by Toshie View Post
    What's the pint of this?
    you asking to be grammar nazi'd
    Quote Originally Posted by Nexon View Post
    Attention Soldiers!
    Me and Sam 69.
    --Combat Arms Command--
    good to know, Nexon.

    (\__/)
    (>_<)
    ('') ('')

  7. #7
    Corndog's Avatar
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    How did this make it all the way though the House and Senate to the president?

    Quote Originally Posted by Solley View Post


    you asking to be grammar nazi'd
    You are too.

  8. #8
    Count's Avatar
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    Quote Originally Posted by Disturbed View Post
    Foreclosure Bill Gets Rejected By Obama | TheLedger.com

    More then this.

    This bill would have made millions of fraudulent home loans legal. Bank of America has been forced to freeze all foreclosures because this didn't pass. Many other banks are also voluntarily freezing them as well, so they can't get sued for a fraudulent loan.

    This also means that there are a few foreclosed homes that the previous owners can go, sue the bank, and get their house + the interest they paid on the loan.


    the banks lend out made up money.

    laws in the us, state that a bank does not have to have money in the vault in order to give out loans.

    thanks to the treasury






    Early in the morning risin' to the street
    Light me up that cigarette and I strap shoes on my feet
    Got to find a reason a reason things went wrong
    Got to find a reason why my money's all gone



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