Foreclosure abuse rampant across U.S., experts say

http://www.reuters.com/article/2012/02/17/us-usa-housing-defaults-idUSTRE81G04M20120217

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.

Mortgage Settlement Will Plunge Real Estate Values

All the state Attorney Generals made a deal with the devil, by accepting fines from the robo-signing banks in the mortgage scandal.  The unintended consequence is that home values will continue to decline for years.  Hey, at least California can keep the lights on for a few more months.


http://usawatchdog.com/mortgage-settlement-will-plunge-real-estate-values/#more-7122

Robosigning Is Now History - US Announces $26 Billion Foreclosure Settlement

http://www.zerohedge.com/news/robosigning-now-history-us-announces-26-billion-foreclosure-settlement

The Cost Of Attorney General Silence: How Bank Of America Made Sure There Would Be No Surprises In The Robosigning Settlement

Pay the fine, admit no wrong-doing.  Rinse, repeat...

http://www.zerohedge.com/article/cost-attorney-general-silence-how-bank-america-made-sure-there-would-be-no-surprises-robosig