Erin Moran from Happy Days forecloses home in California and now lives in New Salisbury, IN.
Dana Jackson, executive director of Network Center for Community Change says foreclosures in Louisville are, "Leeching resources from our community."
The investigation began in October 2010 following revelations of widespread use of “robo-signed” affidavits in foreclosure proceedings across the country. During investigation, other servicer-related problems were identified, including deceptive practices in offerings of loan modifications.
Kentucky Attorney General Jack Conway has stated that he will "not support any settlement of the robo signing mortgage foreclosure case that would give expanded civil or criminal immunity to banks or their executives." Details of the settlement that may be announced as soon as next week are starting to leak. If the leaks are accurate, Mr. Conway and a tiny handful of like minded attorneys general may soon be heroes to the cause of fighting the Wall Street influence.