OCC Getting Involved with Mortgage Forclosure Mess

Morris Morgan is a Large Bank Deputy Comptroller at the Office of the Comptroller of the Currency (OCC). He was before a Congressional Government Oversight Committee yesterday (here's his verbal testimony: http://www.occ.gov/news-issuances/congressional-testimony/2012/pub-test-2012-47-oral.pdf - and here's the written portion: http://www.occ.gov/news-issuances/congressional-testimony/2012/pub-test-2012-47-written.pdf) all about the mess I see daily, and the Government's comprehensive enforcement orders regarding mortgage servicing and foreclosure deficiencies.

Based upon what I have been an eye witness to lately, my view on this issue is a rather simple one ... it's about time some of these folks start to get punished !