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Forum Post: America’s Financial Restitution from Wall Streets Criminal Acts should include…

Posted 2 years ago on Dec. 21, 2011, 2:09 p.m. EST by dcosts (69) from St Petersburg, FL
This content is user submitted and not an official statement

Financial restitution will need to include, at a minimum:

1) A loan modification facility that is not administered by the banks themselves.

2) The right to rent a home that has become distressed.

3) Stop the conversion of home mortgages from a two-party contract to a commodity bankers can trade and sell without regard to property rights.

4) A breakup of the “MERS” shell game so that it no longer enables deceit, tax evasion, and the conversion of home mortgages from a two-party contract to a commodity bankers can trade and sell.

5) Substantial principal reductions for underwater homeowners, along with lower interest rates.

6) Other...Please post below:

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