1. Banks Accused of Faulty Foreclosure Procedures
... because many homeowners abandon their homes, leaving them vulnerable to outsiders. Legal actions against the lock-changers have remained civil suits, rather than criminal, because it is difficult to prove that banks had a criminal intent. However, in some cases, the lock changers themselves have helped themselves to some of the household items. In Florida, repo men were reported for stealing a laptop, an MP3 ... player, and six bottles of wine (Alden). The attorneys general in 40 states are launching a joint investigation of allegations that banks are cutting corners and using fraudulen...
- Word Count: 541
- Approx Pages: 2
- Has Bibliography