georgephillip
Diamond Member
- Thread starter
- #101
What does that have to do with the Foreclosure King?What are you, 12 years old?
If you don't pay your mortgage, the bank will foreclose. Moron
This Is Why Kamala Harris Refused To Prosecute Steve Mnuchin — Steemit
" OneWest refused to re-finance mortgage loans knowing these loans were designed to force homeowners into debt and eventually would foreclose on their homes when they could no longer pay.
"They lied, misled, and deceived homeowners into predatory mortgage loans knowing the loanee couldn't afford the payments. The Office of the Inspector General wrote in 2011 that:
"'OneWest executives had instructed employees to reject as many loan modification applications as possible and created an environment that encouraged loan modification staff to misinform borrowers about their eligibility status, routinely shred loan modification applications, and inappropriately deny loan modifications. The letter also stated that the terms of the FDIC’s agreement with OneWest created a financial incentive for OneWest to foreclose rather than modify loans.'"
Capitalism at its finest.