Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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A Buckeye

Governor proposes lender crackdown to ease foreclosure crisis
February 06, 2008 20:24 EST

COLUMBUS, Ohio (AP) -- Governor Strickland is promising to crack down on subprime lenders to help victims of foreclosures.

Strickland has told lawmakers in his second State of the State address that he has ordered the state Commerce Department to draft rules covering subprime lenders to help alleviate the foreclosure crisis.

Strickland will seek to force lenders to provide six months' notice to homeowners with adjustable rate mortgages before their rate is reset to a higher percentage.

He also wants lenders to more adequately report to the state how many borrowers are going into foreclosure.

Strickland says the lenders should be ashamed of themselves because they've kept silent during the state's efforts to help Ohioans threatened with losing their homes.

 

source

http://www.daytonsnewssource.com/template/inews_wire/wires.regional.oh/3a82ac20-www.daytonsnewssource.com.shtml

 

One might think that Ted is scolding a child for stealing cookies from a cookie-jar here.

 

 

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Ohio
the lenders pretty much gave the state of Ohio the finger...I don't call that silence, I call it an outright intentional F U and we have ALL heard that kind of "silence" loud and clear. 

ashamed? shame has nothing to do with it. Strickland needs to call a spade a spade and stop acting like the possibility exists these greedy bastards actually have morals.

This is not a moral issue...this is a criminal issue....criminals DON'T HAVE MORALS....THAT IS WHY THEY ARE CRIMINALS!!!

CRIMINALS NEED TO BE JAILED...WHO CARES IF THEY ARE ASHAMED?????




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