Gov Walker steals from mortgage settlement fund

[Clip-Clop]

Originally Posted by wiphan

Good redirect without actually disputing any of my points. I guess you stated that Walker critized Doyle for taking the tobacco $ for the budget (which I don't recall). I actually thought that was one thing Doyle did right.

why don't you start looking at your lovely hand picked democratic candidate from WEAC who illegally has taken a pledge to restore collective bargaining in order to gain the financial backing of the Unions with back peddling Mary Bell (once she realized what she was doing was illegal).

Also still waiting to hear how you would like the mortgage settlement money spent?

It should be given to the "victims" of all this fraud. Clearly they know how to handle money.

[Riot]

Originally Posted by Clip-Clop

It should be given to the "victims" of all this fraud. Clearly they know how to handle money.

Defending the five big banks from illegal mortgage fraud practices they have conducted, and the national settlement in billions they have to make, with the attorneys general of 49 states.

Nobody is talking about people who lost their houses due to their own overreach. They are not part of this bankster fraud settlement.

[Clip-Clop]

Originally Posted by Riot

Defending the five big banks from illegal mortgage fraud practices they have conducted, and the national settlement in billions they have to make, with the attorneys general of 49 states.

Nobody is talking about people who lost their houses due to their own overreach. They are not part of this bankster fraud settlement.

But they are though, unless I am reading it wrong people who are simply "underwater" (didn't have a down payment and should never have bought in the first place or refi'd for way over value) are included and are being paid.

[Riot]

Originally Posted by Clip-Clop

But they are though, unless I am reading it wrong people who are simply "underwater" (didn't have a down payment and should never have bought in the first place or refi'd for way over value) are included and are being paid.

No, simply being "underwater" by itself doesn't qualify. This is for the victims of the bankster illegal activities, the mortgage fraud and illegal practices done by the banks. And it does not relieve the banks or protect them from any additional investigations or charges.

[Clip-Clop]

Originally Posted by Riot

No, simply being "underwater" by itself doesn't qualify. This is for the victims of the bankster illegal activities, the mortgage fraud and illegal practices done by the banks. And it does not relieve the banks or protect them from any additional investigations or charges.

Certain states are doing exactly that, qualifying underwater homeowners for relief.

[Riot]

Originally Posted by Clip-Clop

Certain states are doing exactly that, qualifying underwater homeowners for relief.

Please list what states are qualifying homeowners who have not suffered any bank fraud as agreed to in the settlement, bank refusal for refinancing as found in the settlement agreement? There are underwater homeowners who suffered bank fraud in their refinance attempts, and those that have not. They are not the same under the settlement, and the second category isn't included or qualified for any of the settlement funds, while the first are.

This isn't some bailout of random underwater homeowners. This is a settlement secondary to massive, nation-wide mortgage and refinancing fraud on the part of the five major banks.

[Clip-Clop]

Originally Posted by Riot

Please list what states are qualifying homeowners who have not suffered any bank fraud as agreed to in the settlement, bank refusal for refinancing as found in the settlement agreement? There are underwater homeowners who suffered bank fraud in their refinance attempts, and those that have not. They are not the same under the settlement, and the second category isn't included or qualified for any of the settlement funds, while the first are.

This isn't some bailout of random underwater homeowners. This is a settlement secondary to massive, nation-wide mortgage and refinancing fraud on the part of the five major banks.

The bailed out banks. The ones that own your boy. Iowa. I haven't had time to look for others just yet.
http://www.desmoinesregister.com/article/20120215/BUSINESS/302150038/0/dmweather/?odyssey=nav|head
From an ACTUAL paper too.

[dellinger63]

Originally Posted by Riot

Defending the five big banks from illegal mortgage fraud practices they have conducted, and the national settlement in billions they have to make, with the attorneys general of 49 states.

Nobody is talking about people who lost their houses due to their own overreach. They are not part of this bankster fraud settlement.

And to think not too long ago Obama & Co financially supported those big five banks and as I recall you supported him doing so.