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Posts Tagged ‘foreclosure fraud’

Good News: The Foreclosure Fraudsters Are About To Get Slammed. Hard.

Posted by Phoenix Woman on October 3, 2010

Cindy Kouril, who has been all over this story, has the goods:

4closure fraud has a set of pleadings from Kentucky. It’s a class action suit based on the events of the last few weeks. A group of homeowners in Maine has also begun a class action suit. I believe that one is also in federal district court, though I have not yet seen those papers.

If there are enough class actions brought in enough district courts, based on the same subject matter and proof, the cases will likely be consolidated into what’s called a “multi –district litigation.”

This is snowballing so much faster than I dared hope.

The banks behind this are going to pay, and pay hard.

Posted in banking, big money, Good Things | Tagged: | 4 Comments »

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