http://washingtonindependent.com/100237/ohio-hit-hard-by-foreclosure-now-at-epicenter-of-fraud-crisis
Remember when some of the states tried to keep predatory lending out and the Federal government sued them to make sure that the Banks has the right to go ahead and fleece those states constituents anyway?
Those very same people are now going to investigate the foreclosure mess?
Or Congress is going to investigate and do nothing about it. Just like they did nothing with the revelations the Goldman Sachs was betting against the crap that they were selling to their customers as viable.
The foreclosure situation in the US as well as screwing the investors that bought all of those mortgage backed securities is a crime.
And a criminal investigation should not be done by anyone who helped perpetuate the crime, as well as anyone who helped to cover it up.
So that would leave out Congress as well as the Justice department.
The question is: Just who exactly can be trusted without bias to really investigate what can only be envisioned now as racketeering?
“I’ve seen the foreclosure issue go from predatory loans, to subprime loans, to predatory loans, to an economic situation where folks have been laid off,” Jones explains. “And now we’re back to problems with paperwork.”
Ohio — and especially Cleveland — was hit earlier and worse by the foreclosure crisis than other states, due to widespread problems with predatory lending, an early economic downturn stemming from the loss of manufacturing jobs, and weak consumer-protection laws. Now, it is at the forefront of the foreclosure fraud crisis, with housing advocates and politicians calling for banks to halt evictions immediately and stop seizing homes.
