Banks, fraud, robosigning, illegal forclosures

[Riot]

Originally Posted by Clip-Clop

'Caveat Emptor' No More.

Why on earth would anyone read the contracts they are signing.

This isn't about that. It's about banks foreclosing on people whose houses they do not own, who are not behind in payments, illegal robosigning of documents, etc. Let's keep the focus on the fraud. People have lost their homes, their savings, are homeless, because of casual, irresponsible fraud - illegal activity according to those very contracts - perpetrated by the banks.

Yes, some people agreed to mortgages they couldn't possibly pay off, sometimes pushed on them by bankers who said they could met the financial requirements - but that's different than what's in this thread. A good subject, but different.