Re: Packard plant update

Posted by Tim Cole On 2014/11/15 16:41:03

You said you wanted an example of a lazy banker mismanaging a mortgage problem.

Anyhow, I merely noticed and quoted the news article which reported the Packard property was being used for something productive until it was foreclosed upon and left to ruin.

There are millions of cases where residential properties in the USA were being used as dwellings until they were foreclosed upon and demolished by banks. Obviously, people like Madoff have been forgotten. I guess Countrywide Financial is just a case of false arrest.

As well, I live in the area and see daily the effects of corrupt government and residential ruin brought upon by crooked lending practices.