Fraudclosure Update: The Crowd Is Getting Restless

Tuesday, October 26, 2010
By Paul Martin

by Tyler Durden
ZeroHedge.com
10/26/2010

The US population is starting to get restless: investors are beginning to sue, there are protests over HAMP, and foreclosure probes are happening.

HAMP Protests
http://www.huffingtonpost.com/2010/10/26/homeowners-protest-hamp-i_n_773582.html

Washington Post: Economists: U.S. should remove top bank execs over foreclosure mess
http://voices.washingtonpost.com/political-economy/2010/10/economists_remove_the_senior_l.html

Assured Guaranty Sues Deutsche Bank Over Mortgages
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=ada1QmQYr_BI

Assured said more than 83 percent of 1,306 defaulted loans examined in one of the transactions, ACE’s Home Equity Loan Trust, Series 2007-SL2, breached Deutsche Bank’s representations and warranties. In the second deal, Home Equity Loan Trust, Series 2007-SL3, 86 percent of the 1,774 loans breached the agreements, Assured said.

The Rest…HERE

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