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May

Illegal Foreclosures – Elizabeth Warren

Illegal Foreclosures

[youtube]http://youtu.be/Xvi7RNr8s4A[/youtube]

Elizabeth Warren, a Massachusetts Democrat and longtime consumer advocate who is quickly developing a reputation as perhaps the Senate’s most effective cross-examiner. Following a series of probing questions that would not have been out of place in a court room, Warren excoriated the regulators for not immediately turning over case records of borrowers who may be considering private legal action against their bank.

“You have made a decision to protect the banks but not to help the families who were illegally foreclosed on,” Warren said. “Families get pennies on the dollar for being the victims of illegal activities.” Read more »

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