FBI Now Looking into Foreclosure Mess

Big Brother Checking to See if Any Laws Were Broken

This may get ugly everyone.

A foreclosure document crisis is the newest mess to hit the housing / lending industries. Now the FBI is in the beginning stages of checking in to see if any laws were broken or if violations have occured.

In the banking industry, things were so overwhelming when it came to foreclosures that some may have acted with criminal intent whether they knew it or not.

Althought most of the Bigger Banks feel their documents are now in order and accurate, they can't just say that the mess is over. The still face opposition in the following ways....


•Attorneys general in all 50 states are jointly investigating whether lenders violated state laws.
•Lawyers for evicted homeowners are preparing lawsuits against major lenders.
•State judges have signaled they will review the banks' foreclosure documents with skepticism.
•Lawmakers on Capitol Hill plan to hold hearings.

So long story short....this is not over