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Debt Relief – Insolvency – Bankruptcy Information » Foreclosure Help » The next housing shock, Bank Fraud Robo Signing for Forclosure

The next housing shock, Bank Fraud Robo Signing for Forclosure


Originally Aired in April 3, 2011. 60 minutes exposes the banks and their hired contractors willfully committing fraud. As more and more Americans face mortgage foreclosure, banks’ crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that’s causing lawsuits and hampering an already weak housing market. Scott Pelley reports.

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4 Responses to "The next housing shock, Bank Fraud Robo Signing for Forclosure"

  1. JuukezeBarbie says:
    this is the utmost sickening act of greediness tied in with the banks and wallstreet..im so glad they dooped the wrong person, all of these honest earners lining up to plea for consideration over their mortgage when afterall most of them weren’t even accounted for by these bankers…hey if the loanees don’t have the original deeds..then i don’t see how the loaners have an actual debt…ughhhhhh so upsetting
  2. y2jamest2099 says:
    i agree give people back thier houses
  3. jvolstad says:
    Wait a minute. Realtors are saying now is a great time to buy. Nothing wrong with the market. Could it be they are lying?
  4. jslovin23 says:
    The banks commit criminal acts and don’t have the paper to prove the house is theirs- to bad. Given the home owners back their home, what a pack of vipers.

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