Some lawyers who defend homeowners against foreclosure assert that mortgage companies are merely stalling, using trial loan modifications as an opportunity to extract a few more dollars from borrowers who would otherwise make no payments.
“I don’t think they ever intended to do permanent loan modifications,” said Margery Golant, a Florida lawyer who previously worked for a major mortgage company, Ocwen Financial. “It’s a shell game that they’re playing.”
I'm truly beginning to believe that the time has come for "we the people" to throw the thieving money changers from the temple plaza. Perhaps even, and I know this may sound harsh, take a page from the Chinese justice book on how to deal with greedy businessmen who do deliberate harm on a mass scale in pursuit of profit.