Detailed text transcripts for TV channel - MSNBC - 20170119:15:50:00
Have to foreclose on senior citizens who owed small amounts of taxes. unfortunately hud did not agree and we were forced to foreclose on senior citizens, even if they only owed $1. not complying with these hud policies would have subjected the bank to penalties and losses from hud. despite our inability to save every home from foreclosure, we were able to complete the independent foreclosure review conducted about the o.c.c. every one of the 175,000 borrowers that were in the foreclosure process during 2009 and 2010 were able to have an independent review of their loan. we had a very low error...