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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage Brokers Go Free While Mortgage Customer Goes to Jail

By Implode-Explode Heavy Industries

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"Joe Nocera?s story over the weekend about a man thrown in jail for signing his name on a liar loan is a textbook example of the two-tiered system of justice in this country. On the one hand you have the banks, who systematically committed fraud on millions of loans, and for their trouble received hundreds of billions in bailout money and access to cheap money. On the other hand you have a customer, who gets taken to jail for his one loan transgression"

Full post as published by Mortgage Lender Implode-o-Meter on March 28, 2011 (boomark / email).

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