HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Jeff Sessions' Justice De...

Fri May 26, 2017, 06:12 PM

Jeff Sessions' Justice Department Backed a Mortgage Corporation Over a Veteran

BY CHARLES P. PIERCE
On Thursday, in a post regarding the legal assault on the Consumer Finance Protection Bureau, we noted that the aggrieved party that has been weaponized to kill the agency on behalf of the White House, Congressional Republicans, and every swindler working in the American economy was a corrupt mortgage-lending company called PHH, which the CFPB dunned for $109 million over a kickback scheme between the corporation and various mortgage-servicing companies. While its lawyers have been gussying up its scams in constitutional raiment, the company is out there doing business the way it always has. From OregonLive:

The Marine Corps called him back to Iraq and Afghanistan for three more tours. He was in Fallujah in Iraq's "bloody triangle" during the surge. In all, he spent about four years in the Middle East. In between deployments, McGreevey would return to Vancouver, where he managed to buy a house on Northeast 24th Court. But the years overseas took a toll. He says he made a fateful mistake: trusting someone else to make the mortgage payment. He returned from his third tour in June 2010, just in time to watch PHH Mortgage repossess his house. Knowing next to nothing about the consumer protections afforded him as a member of the military, McGreevey didn't contest it. The foreclosure became final on Sept. 10. McGreevey's final deployment ended in 2012. He had advanced from private to staff sergeant. Though diagnosed 80 percent disabled with post-traumatic stress syndrome, hearing loss and a back injury, he set about reinventing himself for civilian life. He earned a business degree from Portland State University and got a job at a bank.


So, yes, PHH foreclosed on a veteran while he was on his third tour in the Middle East. Happy Memorial Day Weekend. Luckily, there is something called the Servicemembers Civil Relief Act that is supposed to protect members of the military serving overseas from having done to them exactly what PHH did to Jacob McGreevey. He got legal help and took PHH to court. Then, something happened.

more

http://www.esquire.com/news-politics/politics/news/a55299/justice-department-mortgage-company-veteran/

0 replies, 3888 views

Reply to this thread

Back to top Alert abuse

Reply to this thread