OCC Thinks Banks Can Do a Heckuva Job at Reviewing Their Own Foreclosures.

For an example of a regulatory agency NOT working for the consumer, unlike the CFPB mentioned earlier today, I submit Exhibit A:

Washington is seeking help from an unlikely group in its effort to distribute billions of dollars to struggling homeowners in foreclosure: the same banks accused of abusing homeowners with shoddy foreclosure practices.

Ahem.

http://dealbook.nytimes.com/2013/02/12/big-banks-are-told-to-review-their-own-foreclosures/?src=recg

That “independent” part of the Independent Foreclosure Review was a lie anyway, so we’re making progress toward the truth.

 

In related news, integrity Ronald Dworkin died.

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