Critics of the fraud committed by the nation’s largest banks in the so-called “robo-signing” scandal are calling Thursday’s settlement deal just the first step in achieving justice for wronged U.S. homeowners. State and federal officials announced the $26 billion settlement over the banks’ fraudulent foreclosure practices which led to wrongful foreclosures nationwide. U.S. Attorney General Eric Holder led the announcement at a Washington news conference and says the settlement will be a step in “righting the wrongs that led...
Recent Comments