So do you feel like there is some standard that eliminates the conflict of interest between these companies?
the last thing homeowners need after so many challenges--I mean, I can tell you that the one person of a major bank has said the biggest cha...
If you personally were involved in an issue with a firm, if you were involved in a contest over how a transaction went down and the other si...
Are you planning to send a second letter to homeowners to... clarify the way that the independent--so-called independent process has been st...
Why not alert homeowners to the full range? They are not sophisticated analysts of detailed mortgage issues. Why only list 6 of the 20?
I think to even call it independent is, in that situation, a complete betrayal of your trust with the homeowner.
I do not think that quite answered the question.
the failure to stop the foreclosure process while saying that there may be a remedy means that potentially you are saying, yes, we may find ...
So if a family is put out of their home illegally, maybe their rent that they are paying is no more than their mortgage payment was, is that...
I think there is both a substantive concern about conflicts of interest. There is also a perception issue related to these questions.
Is getting thrown out of your home through an illegal process direct financial injury in terms of the way you have been instructed to approa...
if the law requires a party that initiates a foreclosure to have ownership of the mortgage and that that was not followed, that is a pretty ...
I think it would send a clear message of independence.
Will the details on those analyses be conveyed to homeowners so they can evaluate whether they should spend the time pursuing this process?
Why did you all want to keep the independent reviewers secret?
Well, please, that is so insincere, that the banks would say, yes, the homeowners get to pick the independent reviewer.
Do you think that that might be important to whether a homeowner feels like it truly is an independent process?
I consider that one of the areas where the administration needs to have a much more vigorous approach.