Individuals Aggravated since Previous Nationwide Execs Back in Company

Individuals Aggravated since Previous Nationwide Execs Back in Company

? — When Luis Macedo’s home ran on the property foreclosure this past year immediately following days off just what the guy called getting the run-around regarding his loan providers during the Nationwide Economic Corp., he had been furious and you may alarmed.

As he read Wednesday you to definitely a few of the exact same Countrywide managers which oversaw the text of your crappy finance was indeed to invest in upwards outstanding mortgage loans on the authorities at affordable prices right after which and come up with millions out-of potential home loan repayments, he was outraged.

“Its definitely criminal these particular guys are nonetheless running a business,” said Macedo, a beneficial Dallas indigenous who said Nationwide tricked him on the best way to pay their loan, foreclosed toward his family and forced him so you’re able to vacate.

“The upper echelon boys perpetrated a scam as they welcome loans to get created no oversight. Continue reading “Individuals Aggravated since Previous Nationwide Execs Back in Company”