Tag: Federal Trade Commission

Obama Told Bankers Today: Its OK To Foreclose On American Citizens Who Bailed You Out!

President Obama’s top housing official said Wednesday that lenders are within their rights to resume foreclosures this month despite allegations that they erred in processing documents. But he said the banks could face fines if found to have broken the law. “They’ve made a business decision,” Shaun Donovan, the secretary of housing and urban development,…