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Homeowners Suffering from Foreclosures get a Voice to Opine

by Scott Zahid on Dec 24, 2010

On October 13th, a national initiative was launched in hope to give justice to distressed homeowners who have suffered from unwarranted foreclosures due to the banks substandard paperwork. Tom Miller, attorney general of Iowa, headed the investigations in 50 states across the country. Two months after examining and hearing the banks pleas and justifications, Miller consented that there is serious disorder in the way the lenders deal with their foreclosure process .

After examining the lenders for about two months, AG Miller felt the need to hear the homeowner’s side and called for a meeting at Des Moines Church on Tuesday, where he cited that, “I’ve said from the beginning that we need to hear from all stakeholders involved in the crisis. I’ve heard from the banks and servicers, and now I’ve heard from the people who are trying to save their homes.” About 100 distressed homeowners attended the meeting and voiced their stories and opinions.

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Homeowners Suffering from Foreclosures get a Voice to Opine

by Scott Zahid

On October 13th, a national initiative was launched in hope to give justice to distressed homeowners who have suffered from unwarranted foreclosures due to the banks substandard paperwork. Tom Miller, attorney general of Iowa, headed the investigations in 50 states across the country. Two months after examining and hearing the banks pleas and justifications, Miller consented that there is serious disorder in the way the lenders deal with their foreclosure process .

After examining the lenders for about two months, AG Miller felt the need to hear the homeowner’s side and...

Read More >>

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