The Truth leaks out... the banks are robbing you and are in fact bankrupt!

By Steve Albin

Real Estate Agent with JustListedKnoxville.com / Signature Homes

November 20, 2010 03:28 AM

Adam Levitin Tells Congress: Citigroup, Bank Of America, JPMorgan & Wells Fargo Are All Insolvent

http://www.youtube.com/watch?v=EjTZOekaQlE

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Bruce Hammond

Port St Lucie ReMax Properties in Port St Lucie for sale - Port St Lucie, FL

REALTOR - Port St Lucie Florida Real Estate Sales

Wow...

Nov 20, 2010 03:39 AM

Dana Scanlon

Keller Williams Capital Properties - Bethesda, MD

Bethesda MD- Award-Winning Bethesda Realtor

I didn't get to watch the hearings and am glad I caught your clip. Clearly the servicers are out of line telling home owners that they can't get a loan modification if they keep up their payments. What a catch-22, and what an incentive to get people to fall behind on payments, thus putting them into jeopardy of foreclosure. You will probably recall however, that many real estate agents were caught giving the same "advice" to home owners trying to get a short sale approved. I agree with the Gentleman from Minnesota: some heads should roll.

Nov 20, 2010 03:46 AM

Vicki Baggs

Vista Real Estate Bayou Vista - Hitchcock, TX

Galveston County Waterfront

I like the text on the video - "WHEN" are they going to stop them. It's been a pretty well known practice. Thanks for sharing!

Nov 20, 2010 03:48 AM

Stacia Whatley

Hawkins-Poe Inc. - Gig Harbor, WA

StaciaSellsHomes Your Western WA Realtor®

That's an eye opener. Thanks for sharing!

Nov 20, 2010 04:09 AM

Paul Lesieur