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July 23, 2008

4

San Diego City Attorney Wants City To Be Foreclosure Sanctuary

by Bob Schwartz

San Diego home foreclosuresSan Diego City Attorney Michael Aguirre, today, filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city, which he wants to make into a "foreclosure sanctuary."

Attorney Aguirre said: "The Countrywide executives who originated these subprime loans were engaged in a massive fraud on homeowners, borrowers and investors, They enriched themselves by over $1 billion."

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4 Comments
  1. barbara
    Nov 22 2008

    I want to fight my foreclosure and need to know if there is an attorney out there that can help me I went into trustee sale while wamu was in the process of loan modification and there response was that the investor wanted to take the property to trustee sale

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