California – Foreclosure abuse rampant across U.S., experts say
February 20, 2012
Reuters: Foreclosure abuse rampant across U.S., experts say
LOS ANGELES | Fri Feb 17, 2012 12:34pm EST
LOS ANGELES (Reuters) – A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.
The audit of almost 400 foreclosures in San Francisco found that 84 percent of them appeared to be illegal, according to the study released by the California city on Wednesday. Read more:
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