We're Watching: Hold Banks Accountable
State attorneys general just announced a major settlement on foreclosure fraud, or "robosigning," and it keeps the banks from getting the "Get Out of Jail Free" card they wanted. The final settlement still has major flaws, but it provides a small first step towards compensating homeowners who were directly affected, though it's not nearly enough.
For every family helped by this deal, there are many, many more who still face foreclosure or who owe the bank far more than their home is worth. We all have to keep fighting hard to make sure they get the help they need and that we hold banks fully accountable.
The President heard your demand for a federal investigation and created the federal taskforce co-chaired by New York Attorney General Eric Schneiderman. But that investigation is just getting started, and is going to face major obstacles from banks fighting hard to conceal their actions—and from their allies in the administration. That's why we need the White House to know we'll be watching the investigation to make sure it truly holds banks accountable, and that we're committed to fighting to make sure banks deal fairly with homeowners who are trying to reset their mortgages to fair market value.
A compiled petition with your individual comment will be presented to the White House.
Sign the Petition
Full petition text:
"Make sure the federal investigation co-chaired by New York Attorney General Eric Schneiderman truly holds big banks accountable for the crimes that crashed the economy for the 99%—and keep working to make sure banks treat homeowners fairly."
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The " We're Watching: Hold Banks Accountable " campaign is brought to you by MoveOn.org Political Action™.
