Banks may have illegally foreclosed on 5,000 members of the military

Think Progress reports: For months, major banks have been dealing with the fallout of the “robo-signing” scandal, following reports that the banks were improperly foreclosing on homeowners and, in many instances, falsifying paperwork that they were submitting to courts. Banks have been forced to go back and re-examine foreclosures to ensure that homeowners did not lose their homes unlawfully.

In the latest episode of this mess, the Office of the Comptroller of the Currency has found that banks — including Bank of America, Wells Fargo, and Citigroup — may have improperly foreclosed on up to 5,000 active members of the military:

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1 thought on “Banks may have illegally foreclosed on 5,000 members of the military

  1. Norman

    The OCC has found that banks may have foreclosed on up to 5,000 active members of the military. Greed knows no bounds. Of course, if the OCC did the job it is supposed to do, instead of bend over when the banksters say too, but that’s in a sane law abiding land where the law pertains to every citizen, not the selectively way it’s done here.

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