US asks Banksters to police themselves

US wants the same banks accused of abusing homeowners with shoddy foreclosure practices to disclose the mortgage fraud they committed. The banks, eager to end the costly process, would take shortcuts as they comb through loan files for errors, potentially diverting aid from the neediest homeowners. http://dealbook.nytimes.com/2013/02/12/big-banks-are-told-to-review-their-own-foreclosures/?hp Banks in haste to meet tight deadlines, could fail to provide an accurate portrayal of what went wrong.“Why did you not trust the banks a month ago?”“And why do you solely rely on them now?”

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