"So far in Alabama I don’t know of anybody that’s been foreclosed on that shouldn’t have been," Strange said.
That was Luther Strange’s comment in the Birmingham News today discussing the proposed $20 billion settlement among the States Attorneys General and the banks involved in the foreclosure mess. Wow! Really? Is he kidding?
I am currently handling about ten cases, and I know of attorneys with many more. I am mediating a case TODAY where Bank of America foreclosed on my clients, and they didn’t even have a loan on the home.
This is absolutely amazing and shocking! To hear our State Attorney General suggest that there is no fraudclosure in Alabama is ridiculous and shows his total lack of having his finger on the pulse of our citizens and communities. Additionally, to say Alabama has adequate consumer protection laws is laughable. We have some of the worst consumer protection laws in the country.
I am just amazed.