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  1. #1
    Join Date
    Dec 2005
    Posts
    172

    Regulatory Agencies are Only as good as the consumers that report to them.

    If you feel like you are a victom of Mortgage Fraud you need to do something about it.

    Report them to a Regulatory Agency.. In Texas it is the Texas Savings and Loan Department.

    Or you could go to your States AG..

    Also file a complaint with the BBB. Let Everyone know about it as possible!

  2. #2
    Join Date
    May 2005
    Location
    West of the Pecos
    Posts
    121

    Re: Regulatory Agencies are Only as good as the consumers that report to them.

    My experience with regulatory agencies at both the state and Federal level is that they are at best, aware, but at worst, not motivated unless the issue has legs among a political constituency.

    If it can generate good press among the prospective voters, there will be a lot of noise but the end result will almost always be one of the typical "we did nothing wrong" settlements which wind up as simply a cost of doing business.

    The Honorable Judge Roy Bean
    http://www.loansharks.blogspot.com

  3. #3
    Join Date
    Dec 2005
    Posts
    172

    Re: Regulatory Agencies are Only as good as the consumers that report to them.

    Judge,

    are you a real judge?

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