http://www.newser.com/story/163785/banks-admit-wrongly-foreclosing-on-troops.html
Newser) – America's biggest banks have admitted that they wrongfully foreclosed on the homes of at least 700 military personnel, in some cases evicting families while troops were serving in war zones, the New York Times reports. The wrongful foreclosures by banks including Citigroup and Wells Fargo surfaced as part of an investigation stemming from a settlement with federal authorities over foreclosure abuse during the housing crisis. Federal law requires banks to obtain court orders before foreclosing on active-duty troops.
"It’s absolutely devastating to be 7,000 miles from your home fighting for this country and get a message that your family is being evicted," says a retired Air Force lawyer who represents troops in foreclosure cases. "We have been sounding the alarms that the banks are illegally evicting the very men and women who are out there fighting for this country. This is a devastating confirmation of that." The big banks say the wrongful foreclosures are only a small fraction of the mortgages being reviewed and they plan to compensate those affected.
that is shameful and irresponsible, when you deal ith banks they want to know who you work for, salary, how many incomes totalling what, past references.
it had to be close to the top of the form these were active military people, now as far as the courts how could they do that they had to see it in the records well, i guess they did it without a smile.
those judges should be sued civilly and made to compensate and account for such an egregious decision to put ative military families out on the curb, not fitto hold that seat. despicable them!
