SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The act’s emphasis on preserving homeownership was particularly vital to passage. Congress was told that TARP would be used to purchase up to $700 billion of mortgages, and, to obtain the necessary votes, Treasury promised that it would modify those mortgages to assist struggling homeowners. Indeed, the act expressly […]

Tags: bailout, Bank of America, Barofsky, borrower, congress, credit crisis, creditor, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, homeownership, rescission, RICO, securitization, TARP
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