While Congress continues to bail out banks and there are no criminal prosecutions against the bankers who participated in the robo-signing and other wrongful actions that created the housing meltdown, some people are being prosecuted who are involved in the housing crisis.
Geoffrey Broderick, the senior partner of the Resolution Law Group, says “while Ms. Cramier-Oncza should not have signed her ex-husband’s name to a loan modification application, one can only imagine how the criminal prosecutors evaluate which people they prosecute. Banks and bankers have admitted robo-signing, using MERS, and doing so many wrongful acts. However, people who worked for the banks are not being criminally prosecuted.” Ms. Cramier-Oncza apparently signed her ex-husband’s name to an application because his name is still on the title, and his signature was needed to submit the application.
Mr. Broderick adds that “The housing market will continue to suffer until it is fixed by the Courts or the Legislature. Somebody has to fix the problem. That is why The Resolution Law Group continues its fight for homeowners. Homeowners cannot expect the problem to fix itself.”
The Resolution Law Group continues to prosecute ground breaking litigation in Federal Court on behalf of homeowners suing lenders and servicers for, among other things, the illegal use of MERS, robo-signing, and intentionally ignoring underwriting standards and encouraging inflated appraisals.
The Resolution Law Group is currently enrolling clients into the pending lawsuit. For further information, visit its website at www.TheResolutionLawGroup.com
Lender Litigation, Unlawful Foreclosure, Tarp Money, Mortgage Backed Securities, Derivitives Lawsuits, Insider Trading Lawsuit, SEC Settlements, Ponzi Scheme Lawsuits, Intentional Misrepresentation, Securitized Mortgage, Class Action Securities Lawsuit, Robo-Signing Lawsuit, Lost Equity Litigation, Mortgage Lender Fraud, FINRA Fraud Lawsuit, Suing Banks, Fraudulent Misrepresentation, Short Sale Fraud, Fraudulent Business Practices, Mortgage Litigation, Complex Tort Litigation, Injunctive Relief, MERS Fraud