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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Citigroup to lower some mortgage payments for unemployed
                                                               

NEW YORK (AP) — Struggling bank Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners to an average of $500 a month for three months as part of a new program to help the unemployed.

The struggling bank makes the move as President Barack Obama looks to lenders to adjust the way loans are handled.

                                                                                               

Citigroup's new mortgage efforts also come on the heels of the latest attempt to bail out the company, which includes the U.S. government's exchange of up to $25 billion in emergency bailout money given to Citigroup for as much as a 36 percent equity stake in the company. The deal between the Treasury Department and Citigroup represents the third rescue attempt for the bank in the past five months.

http://www.poconorecord.com/apps/pbcs.dll/article?AID=/20090303/NEWS/90303003

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That's fair because so many bad loans were written that it caused an economic collapse
the borrowers directly affected have superior lien since they backed the loans with their down payment. The taxpayers should not be held accountable in fact everyone by legal principle who has been harmed by the economic crises should be paid treble damages.

The main issue should be accountability and recovery of assets.

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4 Justice Now
Thank-you Greg:

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"Accountability and Recovery of Assets"


I'm so very glad that you happen to mention those very words. I was truly beginning to believe that they no longer existed or had simply become obsolete, just like the words: honor, honesty, integrity and trust, etc, seem to have.

It's so obvious that that should be first and foremost in our daily news content. But alas they prefer to talk about everything else under the sun.

I must say... why would anyone possessing more than three whole brain cells actually care about who's doing who in Hollywood, as well as all that other superfluous crap they spew forth daily? No, the media isn't under the control of a select few with their own agenda, no that just isn't possible... right?

R,

4J
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