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Reply #52: The mortgages themselves may not be a crime (and that's debatable) but many, if not most, of [View All]

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1monster Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-11 12:34 AM
Response to Reply #37
52. The mortgages themselves may not be a crime (and that's debatable) but many, if not most, of
the foreclosures are. When they forge other people's names on to legal papers, that's a crime. When they foreclose on homes for which they don't own the mortgages, that's a crime... some of those homes never even had a mortgage to begin with, or had mortgages with different banks than were foreclosing. When they wait to post payments on mortgages so that they can add secret late fees which in turn makes subsequent payments short, ergo late and more fees are added, then foreclose; that's fraud and also a crime.

There's enough criminal activity going on with mortgages to fill quite a few of those private industry prisons. But it'll never happen. Money talks -- even the money the banks stole from us. Unfortuately, it's talking for the ones who stole it from us, not for us.
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