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Real Estate & Property Law

: The Home Equity Theft Reporter

Federal Regulator Directs Seven Big Banks To Review Foreclosure Processes

By r morris

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The Washington Post reports:A top federal bank regulator said Thursday that he has directed seven of the nation's largest lenders to review their foreclosure processes after learning about the widespread mishandling of homeowner evictions by the industry.***The banks contacted by regulators include J.P. Morgan Chase, which announced Wednesday that it was freezing 56,000 foreclosures after finding

Full post as published by The Home Equity Theft Reporter on October 01, 2010 (boomark / email).

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