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#EdSchultz blog: Sen. Warren Rips Bank Regulators

by Ed Schultz posted Apr 12 2013 11:01AM

Senator Warren ripped a banking regulator yesterday for withholding information on how many illegal foreclosures took place during the housing crisis, and what the error rate is in the government's estimation of erroneous foreclosures.
"So I just want to make sure I get this straight. Families get pennies on the dollar in the settlement for having been the victims of illegal activities or mistakes in the banks’ activities. You now know individual cases where the banks violated the law and you’re not going to tell the homeowners or at least it’s not clear yet if you’re going to do that?"
 
Tune in to The Ed Schultz Show weekdays 12 Noon to 3 PM on WWRL AM 1600.
 
Filed Under :
Topics : Business_Finance
People : Warren
04/12/2013 11:02AM
#EdSchultz blog: Sen. Warren Rips Bank Regulators
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