Dishonorable discharge – U.S. banks illegally foreclosed on veterans’ homes

Posted: November 30, 2011 in Politics
Tags: , , , , , , ,

The latest report from the Treasury Department‘s Office of the Comptroller of the Currency, revealing that 10 of the top U.S. lenders may have illegally foreclosed on up to 5,000 active duty service members. Garofalo points out that “robo-signing” systems made it possible for lenders to approve documents without actually looking at them: “The banks were trying to cut corners on tens of thousands of foreclosures.”

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