Posted on August 20, 2012 by The Victoria Law Group
One of the key components of the controversial and troubled bank bailout plan, TARP, was that it was supposed to provide some relief for distressed homeowners.? Well, here we are nearly four (4) years later, and neither the money nor the banks have done much to move the needles.? For example, Bank of America Corp., plagued by complaints about customer service in its mortgage unit, said it hasn?t yet refinanced a ?significant number? of loans as part of the industry?s $25 billion settlement of foreclosure abuses.? Another example of taxpayer money being provided without significant milestones and timetables of achievement attached and precious little oversight.?
Read Hugh Son?s Daily Business Review article here:
?
-
Presented by Miami Real Estate Attorney.
Like this:
Be the first to like this.
Filed under: Miami
katherine jenkins peyton manning broncos mexico city earthquake stand your ground law dancing with the stars season 14 david garrard bethenny frankel
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.