A) The banking industry is regulated by law and agencies of the Federal and State government to work and erform in an ethical manner.Banks are NOT working to actually modify mortgages and have instituted a policy aimed at possessing and profiting from properties.
B) Banks have trained their employees to facilitate the repossession of homes, not negotiate and modify.
C) Banks have no stimulus or motivation to actually modify exists, other than statutorily mandated ethical practices of conducting operations in “good faith,” and, in fact, motivation to foreclose, repossess and profit DOMINATES the corporate theory AND practice.
D) NO HOMEOWNER has access to the legal manipulations available to the banks. NO HOMEOWNER has even an inkling of an understanding of legal processes.
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