Monday, October 4, 2010

Florida Congressman Takes To YouTube To Explain The Foreclosure Mess Created By The Home Loan Industry

Congressman Alan Grayson of Florida's 8th District (Orlando area) has taken to YouTube to provide a clear, cogent explanation of what foreclosing lenders, loan servicers, foreclosure mills, Mortgage Electronic Registration Services ("MERS"), "robosigners"/"affidavit slaves"/multiple corporate hat-wearing vice presidents and others have done to create the foreclosure mess we all find ourselves in, and which is beginning to cause the major loan servicers to begin suspending foreclosure actions and withdrawing the dubious documents they've been filing in court.

For the video (just under 8 minutes), see Fraud Factories: Rep. Alan Grayson Explains the Foreclosure Fraud Crisis.

Thanks to Deontos .is for the heads-up on the video.

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