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OCC Review Whistleblower

posted by Alan White
Adam Levitin predicted here that the "independent" review of banks' foreclosure files ordered by the OCC in the wake of the robosigning scandals would be a sham, based among other things on the adverts to hire the reviewers.  Now, one apparently overqualified reviewer has told his story at Naked Capitalism, and it is worse than Adam predicted.  The banks are actively and successfully suppressing efforts  by reviewers to identify foreclosure errors and abuses and to identify and compensate victims.  Perhaps this could be the subject of a hearing for the newly constituted Senate Banking Committee...

Comments

As always "Why aren't the bastards in jail?"

Not if Daniel Fisher of Forbes Magazine has his way:

Finding Little Evidence Of Foreclosure Fraud, Feds Give Up

http://www.forbes.com/sites/danielfisher/2013/01/08/finding-little-evidence-of-foreclosure-fraud-feds-give-up/

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