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Bank Officials Cited in Churn of Foreclosures – NYTimes.com

March 13, 2012
graph shows U.S. foreclosure trends (quantity ...

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Why you ask… shouldn’t we be able to trust the banks you ask…

Well not really… because…

“The answer — simple greed.”

Managers at major banks ignored widespread errors in the foreclosure process, in some cases instructing employees to adopt make-believe titles and speed documents through the system despite internal objections, according to a wide-ranging review by federal investigators.

via Bank Officials Cited in Churn of Foreclosures – NYTimes.com.

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