Quote:
Originally Posted by Riot
With the appointment of a Consumer Financial Protection Bureau Chief, perhaps the headline seen this week, "Massive consumer mortgage fraud by GMAC and Wells Fargo", where they ripped off average people on their mortgages by an extra $1000-$2800 in fees - won't be seen again.
However, you can see why the bank-owned Republican Party has been blocking this appointment. Their Bank masters told them too. Can't threaten to cut the gravy train of consumer fraud.
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Can you explain to me how this massive consumer fraud works? and how a foreclosed consumer is affected by these fees?