Tell your Attorney General to hold the big banks accountable for mortgage fraud

[Po_d Mainiac]

Tell your Attorney General to hold the big banks accountable for mortgage fraud

On Tuesday, December 14 homeowners from 15 states will be meeting with Iowa Attorney General Tom Miller. Miller is leading a 50-state investigation into the foreclosure scandal.

As homeowners we are demanding principal reduction for millions of families who are at-risk of losing their homes, a new approach to preventing unnecessary foreclosures and criminal penalties for bankers who broke the law. Please join us by signing on to this letter, which we will deliver to Miller and the 49 Attorney Generals who are part of the investigation.

We will send a report to those that have signed-on immediately following the meeting.

Dear Attorneys General,

We, the undersigned thank you for investigating fraudulent and illegal foreclosure practices by the nation's biggest banks.

Your investigation is the best hope for homeowners and communities since this crisis began. Americans are watching. Our expectations are high that we will see justice for the millions of families who have lost their homes, the millions more who are at risk of foreclosure, and the neighborhoods across the country devastated by falling housing values and vacant properties as a result of widespread mortgage fraud.

The bank executives who committed fraud should be prosecuted. Any settlement needs to go beyond fixing paperwork, fully addressing ongoing abuse and ending the flood of unnecessary foreclosures.

We demand that any overarching settlement agreement contain mandatory loan modification programs, including principal reduction for owner-occupant families facing foreclosure and remedies for those families who have already lost their homes.

Now is the time for bold leadership from the nation's Attorney Generals to hold big banks accountable for the damage they have done to families, communities and the nation's economy.

http://www.tfaforms.com/186974

[Name removed]

1. Deleted message

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[dkf]

2. We need values to fall even more so normal people can afford them.

It is the effort by the Federal Government to prop up prices that is the crime. This creates such a burden on people who need a place to live. Unaffordability of housing is the worst problem we have.

[northernlights]

3. sure. so steal even more from those who spent their money on houses they could afford

How about wages rises to make housing affordable to those who couldn't previously afford it, or who weren't able to save for it, instead of further punishing people like me?