"Wrongful" foreclosures, foreclosures for back taxes or late condo fees -- people are getting thrown out of their homes, and someone else is profiting.
The Treasury Dept.'s mortgage relief program isn't just failing, it's actively funneling money from homeowners to bankers, and Treasury likes it that way.
Confusion and delays have plagued the administration's loan modification program, causing homeowners to fall behind on mortgage payments, risking foreclosure.