Good one! The Office of the Comptroller of the Currency is offering foreclosure reviews

[EFerrari]

finally, so people can have their foreclosure reviewed to see if they were injured in the process by their lender or their loan servicer.

"WASHINGTON, Nov. 1, 2011 /PRNewswire-USNewswire/ -- Fourteen U.S. mortgage servicers and their affiliates are making available free, impartial Independent Foreclosure Reviews to certain of their borrowers as part of the consent orders entered into with the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency in April 2011. The reviews will be conducted by independent consultants upon request by borrowers who faced a foreclosure action on their primary residence during the period of Jan. 1, 2009 through Dec. 31, 2010."

http://news.yahoo.com/mortgage-servicers-offer-independent-review-2009-2010-home-140606005.html

Sounds good! But these INDEPENDENT reviews are being offered as services by the very people who conducted fraudulent foreclosures. What? They're going to investigate themselves?

The Financial Services Roundtable sent out the fax at the link and that press release was reported in major papers as great news for consumers. Who are these people?

"The Financial Services Roundtable (FSR) is a U.S. trade association that lobbies on behalf of 100 of the top banks, credit card companies, insurance and securities services firms operating in the United States. Its membership includes many bailed-out banks including: Citigroup, JPMorgan Chase, Bank of America, Wells Fargo, and PNC."

http://www.sourcewatch.org/index.php?title=Financial_Services_Roundtable

So, where are the banksters going to find these IMPARTIAL INDEPENDENT consultants to do these FREE INDEPENDENT reviews and how is this process going to go better than the loan modification programs that resulted in a tsunami of foreclosures?

This, for example, is the CNN article which plays up the "banks cleaning up their act" angle and the idea that this could cost the banks hundreds of millions. They never ask why the fox is being asked to investigate the deracination of the hen house.

http://money.cnn.com/2011/11/01/real_estate/foreclosure_abuse/index.htm

[EFerrari]

1. .

[Huey P. Long]

2. Recommend...and occupy foreclosed homes. -eom