Detailed text transcripts for TV channel - MSNBC - 20130412:07:27:00
Astoundingly widespread practices of deceit, malfeasance and incompetence of banks in wrongfully foreclosing on homeowners. today focused on part of that. and the history goes like this. it's amazing. a few keys, it became completely clear the foreclosure process in this country was a complete disaster. it began to look very embarrassing for a certain entity, the occ, that was charged with regulating the very same banks that were so obviously screwing it all up. the basic stance for the occ was, don't worry, we got this. they began what was called the independent foreclosure review, they said ...