Diane Sawyer Calls Out Top Bank CEOs Over Foreclosure Crisis

ABC News:

So ABC's "World News with Diane Sawyer" decided to go straight to the major financial institutions with some questions. How did these improper foreclosures happen? Did they have anyone read the fine print? Was the foreclosure process being farmed out to international offices? And what about inequity? If homeowners have to jump through hoops to buy a house, why don't the banks have to do the same in order to take a house away?

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Octomom Scrapes Up Cash, Halts Foreclosure

Octomom made some back payments on her house and will get to stay there as a result. At least for now. Best of all, she didn't have to resort to fluffing.

The part-time bartender, garage sale purveyor, and human photo op is not out of the woods - she still owes nearly half a mill - but she earned a reprieve.

Nadya Suleman came up with two months of late payments to halt foreclosure proceedings by Amer Haddadin,the guy who owns the note on her house.

POINT, OCTO: Suleman won this round. [Photo: PacificCoastNewsOnline.com]

Amer says he halted proceedings after a "very constructive meeting" with Octo's attorneys in which they handed over a check for two months of back payments.

The Octomom foreclosure watch is still very much on, thanks to the $450,000 balloon California mortgage payment she owes. But she'll get an extension for now.

The two parties will establish a new deadline in the next few days. All good news for her, but when you may be going on welfare, your earning potential is low.

Just saying. This is gonna get ugly again.

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