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Friday, March 1, 2013

Banks withhold checks from Sandy victims

Why aren't these #banksters in jail? Why do they hate Americans? Why do they enjoy inflicting pain? Oh, yeah...that's right. profit. Sorry, my bad.
Governor Andrew M. Cuomo today announced that a department of financial services investigation uncovered $200 million in insurance funds from super-storm Sandy that are being held by banks and have not yet been sent to homeowners who need the money to pay for necessary repairs.

The Cuomo administration has sent letters to banks and mortgage servicers asking that they use maximum discretion and effort to speed the release of funds. the department has also sent letters to Fannie Mae and Freddie Mac seeking emergency reforms of their rules and policies relating to the release of insurance funds by banks and servicers. - Governor Cuomo's office

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