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| Permalink View Article Stats L. Randall Wray L. Randall Wray: Huffington Post: Nightmare on Wall Street Quicklink submitted by Scott Baker (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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The chickens come home to roost: In a ruling that could be historic, the Supreme Judicial Court of Massachusetts ruled against two fraudster banks, US Bancorp and Wells Fargo, who illegally foreclosed on homes. In short, the two banks stole homes to which they had no legal claim. Perhaps as many as 66 million mortgages (those tainted by improper industry recording procedures) could be affected by the ruling. |
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