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Detailed text transcripts for TV channel - MSNBC - 20130410:03:02:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20130410:03:02:00

According to the findings posted today by federal bank regulator as part of a settlement agreement, between 2009 and 2010, foreclosure proceedings that are wrongful or contained bank error commenced against nearly 4 million homeowners. 30% of foreclosures had to battle potentially wrongful efforts to seize their homes. more than 244,000 eventually lost their homes. the regulator who compiled these statistics and came to settle the banks, it was supposed to be announcing good news. it was supposed to be announcing money to those who had been victimized by the practices, but give tn scale and am...

Detailed text transcripts for TV channel - MSNBC - 20130410:00:02:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20130410:00:02:00

30% of foreclosures had to battle potentially wrongful efforts to seize their homes. more than 244,000 eventually lost their homes. the regulator who compiled these statistics and came to settle the banks, it was supposed to be announcing good news. it was supposed to be announcing money to those who had been victimized by the practices, but give tn scale and amount of money on the table for those who had been victimized is in most instances, cartoonishly small. a penitence compared to the billions of dollars they saved by getting this deal. there's the category of homeowners who were foreclos...