independent foreclosure review

What happened at Bank of America is perhaps the most stark example of a process gone awry. Bank of America contractors were reviewing Bank of America loans at a Bank of America facility under the management of full-time Bank of America employees. They were reporting those results to Promontory, the outside independent consultant, whose employees started their reviews based on what Bank of America contractors had concluded.
— 

This is one of the most damning articles I have read on the failure of the Independent Foreclosure Review program that was recently ended by settlement – with no results – after a billion dollars had been spent.  The foreclosure crisis could not get any more appalling. 

Foreclosure Review Insiders Portray Massive Failure, Doomed From the Start, Ben Hallman & Eleazar David Melendez for the Huffington Post