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by joekrie 3566 days ago
Complying and taking down the legitimate links should force WB to properly review their requests.

This case is kind of funny, but something similar started happening when banks started automating foreclosures. People who were up to date on their mortgages were getting evicted from exactly the same kind of negligence WB is exhibiting here.

2 comments

In his book 'Bailout', the Special Inspector General of TARP, Neil Barofsky, lists a multitude of reasons as to why so many Americans were wrongly foreclosed on by mortgage servicers.

At the top of the list was fraud and lies by the mortgage servicers, many of whom lied to homeowners and convinced them to skip payments on their homes in the hopes of qualifying for a modification, so that they could rack up late fees and then foreclose.

How does one get evicted due to a computer error? Wouldn't a rather simple court case be able to determine that X amount was being paid to be bank every month?
Banks were signing off on the erroneous foreclosures without properly reviewing them. And, if Matt Taibbi is to believed, the courts weren't of much help to the victims of fraudulent forclosures. http://www.rollingstone.com/politics/news/matt-taibbi-courts...
You just used the words "rather simple court case" in the same sentence.