Feds adding insult to injury: Another giveaway to the banks. If the "creditor" is getting paid with servicer advances then the debt should be reduced — and so should the payments.

It is a very real thing. Everyone is getting paid (and now by the government), while the debt of homeowners is never reduced or credited. On top of getting paid, the courts are allowing forced sale of homes that simply add gravy to the Wall Street money train. Let’s be clear. If investors are presumed …

Feds adding insult to injury: Another giveaway to the banks. If the "creditor" is getting paid with servicer advances then the debt should be reduced — and so should the payments. Read More »