As business owners in this foreclosure industry, what do you expect to come of the investigation being called by Congress. Charges such as paperwork being lost or never hearing back from the lenders is something I know most of us run into on a regular basis. Do you think that this will result in any positive results for homeowners?
Justice to look into foreclosure practices after call by Pelosi, other House Dems
By Vicki Needham - 10/06/10 01:43 PM ETThe Justice Department will probe the foreclosure practices of financial institutions for possible violations.
Attorney General Eric Holder announced a task force housed in the Justice Department will look into the foreclosure practices of a number of financial institutions for possible violations.
At a Wednesday press conference, Holder said the Financial Fraud Enforcement Task Force will probe a number of foreclosure proceedings in a growing number of states where questions have been raised.
