LISTEN UP Colorado Legislators: This Foreclosure Law Firm Scandal is the tip of the Iceberg. Ive been telling you about it for years. Absorb this from the story: Colorado Attorney General John Suthers said he was disturbed by what investigators uncovered, fostered largely by how the states foreclosure system carried little oversight. Realize that Castle helped change the state foreclosure laws to his favor in 2005-6. Realize that there are homeowners throughout the state being unlawfully foreclosed upon with no documentation. The banks are literally stealing homes from borrowers where they are not even the party of interest and have no skin in the game. STOP THIS NOW! Its time we quit listening to the Colorado Bankers Association, which is an accomplice in the foreclosure scam and pretends to represent banks in the state when in reality only 1% of assets represented by CBA are headquartered in Colorado. Realize how the tables are being turned on MERS, the Mortgage Electronic Registration Systems, in some states that require all transactions of home ownership be recorded locally -- not in an electronic database run by the banking industry who is complicit in the scam. Its time to fix the system! denverpost/business/ci_26154660/ag-sues-states-largest-foreclosure-law-firms-alleging
Posted on: Wed, 16 Jul 2014 09:24:03 +0000
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