(SA_Steve)
After the foreclosure fraud scandal broke, banks scrambled to fix what they described as “procedural” errors and “technicalities.” But the lawyer whose deposition of a former robo-signer sparked the uproar says all the banks have done is put bandaids over bandaids.
“It’s a structural problem that led to these bad affidavits, because they set it up like an assembly line. They won’t structure a servicing department so that one person is the go-to responsible person for a homeowner’s file,” Thomas Cox told Propublica. “I’ve seen no evidence yet that they’ve changed that structure.”
Of course not. That would be less profitable.
Lawyer at Center of Robo-Signing Scandal Sees ‘More of the Same’ From Banks [Propublica]
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“Procedural errors” and “technicalities” are what lawyers call a problem they are desperately trying to get the judge to ignore. Why, yes, we didn’t follow the rules, but those aren’t important rules, so…look, a monkey!
Amateur. Unless the monkey is re-enacting portions of Circ Du Soleil performances, the judges won’t even blink.
That’s why I always say…look, a unicorn! Even Circ Du Soleil doesn’t have one of those.
SQUIRREL!!!
I’m gonna catch it with a coat, and smack it with a hammer.
‘Tis the season to be Mary.
You forget that they probably aren’t even real judges, but actors hired by the banks who are pissed they didn’t make it through their auditions for “Law & Order”.
You make a valid point, however it is important to note that procedural- WHERE? WHERE’S THE MONKEY???
And there’s the ever popular “excusable neglect”.
OH GOD DO NOT GET ME STARTED
Banks regulate themselves, stop complaining.
Same as the excellent job that the FINRA has done for the securities industry…
Tomorrow is election day. Make it count…
Vote for the guys who DON’T spit on their hand before pleasuring the bankers. Sadly, it’s almost impossible to find a candidate who wont pleasure the bankers in the first place. That the bankers recieve a dry hand is the best we can hope for
Don’t worry, once the Republicans control the House they’ll take care of this problem…by making the banks’ actions legal…
retroactively.
You say that like it’s a bad thing. Deadbeats need to pay up.
They should pay the people to whom the debt is actually owed, right?
You say that like you have no clue wtf you’re talking about and are just spewing back what you heard on talk radio.
Just pay your mortgages, don’t buy more house than you can afford, WalMart cashiers shouldn’t buy McMansions, this is why I don’t have a mortgage with BOA, don’t get a mortgage at all just buy your house with cash, I have no sympathy at all, etc.
You forgot your /sarcasm tag.
I debated using one, but hoped it was obvious enough without it.
Oh, fine… but it’s okay to shop at Best Buy!?!?!?!?
No. You make all your own electronics at home. Like I do.
With parts you grow yourself.
Lol. And what about the people who own their homes outright, and yet the bank still manages to foreclose on them, causing months of legal headaches before they can get their own house back?
I’m sure if we examine their entire life completely, we can find something, some time, that they did wrong (or just not how we would do it) and then we can say “oh, well that’s why you were foreclosed on. I *never* do that.”
Banks: “Nothing to see here folks. Move along.”
Sheeple: “OK”
Why is it that if I screw up and somebody is out some money, it is negligence and I get judgements against me and jail time? But when a major corporation does it, “It’s a structural problem…”? I thought they wanted to be treated as “persons”? If you want privileges, you have responsibilities.
honestly they need to change something.
they need to make the company (not the lawyers or the people signing it) liable for incorret and robo signed documents. Make it a hefty fine per inncoret document….like say the value of the loan on the home.