No Bank Mortgage Bailout 2.0:Will America’s Again Pay the Cost of a Settlement? Middle Class, Pension and Retirement Funds
No Bank Mortgage Bailout 2.0:
Will America’s Middle Class, Pension and Retirement Funds
Again Pay the Cost of a Settlement?
Washington, D.C. – The Association of Mortgage Investors (AMI) is asking some basic questions about the impact and cost to America’s unions, pensions and retirement systems as a result of a global settlement among state Attorneys General and the large bank-servicers in connection with alleged robo-signing violations. “Please do not settle this investigation and bail out the banks by using the money of seniors, retirement savers and other investors, namely other people’s money,” warned Chris Katopis, AMI’s Executive Director.
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