Reply #19: Great post. Thanks for giving the reason to lighten up on the "worthless borrower" tirades [View All]

[D-Lee]

Simply put, there never would have been fraud settlements on a massive scale unless there had been massive fraud on the part of the banks -- and that fraud was perpetrated on the borrowers.

That is why I am so glad that you gave this observation and link: "$8.68 billion settlement between Countrywide and eleven states which sued the mortgage company for its fraudulent practices.
http://www.consumeraffairs.com/news04/2008... "

That quote and link should be sent to every media outlet trashing home buyers in foreclosure ...

Thanks,also, for your always thoughtful posts.