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taken chestnut in the USA!

In his annual budget, the Hong Shanghai Banking Corporation announced the existence of a moratorium on foreclosure proceedings on borrowers in arrears, after that, last fall the Federal Reserve el ' Office of the Comptroller of the Currency have identified errors in the affidavit and other necessary steps to ensure the bank possession of the homes of delinquent borrowers. In September
major U.S. banks, including Bank of America, had stopped for a few weeks of foreclosure procedures, initiating checks on the correctness of the procedures, but had then taken up, albeit slower, to put the cross in their debt, which suggests that those committed by HSBC have been even greater errors.

As readers of the Journal of the financial crisis will recall, one of the reasons that pushed U.S. banks and foreign banks operating in the U.S. to stop was the discovery of the post of lord robo, employees who signed up to a thousand a day foreclosure practices, often perfectly up to date with their mortgage payments.

The temporary moratorium and controversy, and to upgrade the judiciary in the 28 states that require it, did not prevent that 2010 was a record year for foreclosure, with over one million of practices initiated many of which ended with the vendita all’asta della casa, un disastro sociale senza precedenti!