A neat post from the most remarkable video people called Brasscheck TV:
The New York Times put this on the front page last week.
We reported it nearly two years ago.
A huge percentage of US mortgages written during the Bush era were fraudulent, in violation of lending laws and/or so carelessly handled the banks can’t find the paperwork.
If you or someone you know is facing foreclosure on a Bush era mortgage and they want to keep their home, find someone who specializes in auditing real estate loans and if you find malfeasance (or gross incompetence), get a lawyer and stay put.
The banks were in such a rush to get free money they didn’t think it was necessary to follow the law. Let them pay the consequences.