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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 12:38 PM
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Wall Street Supports The Troops
http://thinkprogress.org/economy/2011/11/29/377392/banks-illegally-foreclose-military/

Banks May Have Illegally Foreclosed On 5,000 Members Of The Military
By Pat Garofalo on Nov 29, 2011 at 9:35 am

...Ten leading US lenders may have unlawfully foreclosed on the mortgages of nearly 5,000 active-duty members of the US military in recent years, according to data released by a federal regulator. <...>
The data released by the OCC are based on estimates prepared by lenders and their consultants. BofA said it is reviewing 2,400 foreclosures involving active-duty military families to see if they were conducted properly. Wells Fargo is reviewing 870 foreclosures and Citigroup is looking at 700 cases.
Also under review are 575 foreclosures at OneWest, formerly known as IndyMac; 87 at HSBC; 80 at US Bancorp; 56 at Aurora, formerly known as Lehman Brothers Bank; 25 at MetLife; six at Sovereign; and three at EverBank...
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