Interesting developments on foreclosure fraud and bank fraud

"More on Foreclosure Fraud at Naked Capitalism"
I’ve been in contact for over the last six months with attorneys involved in foreclosure defense. Unlike the foreclosure mills, which seem to coin money, the attorneys on this front are either laboring pro bono or making considerably less than they could in other lines of work. They also can back up their views with depositions and trial transcripts.


One thing they stress is that a significant number of their clients facing foreclosure has made every single mortgage payment. . Read that again.

Chris here-Yves Smith at Naked Capitalism really has the inside story on what is going on with the servicers and foreclosures.  The sentence above in bold face type is really shocking.  It is hard to believe that the incompetence of the servicers or just plain neglect on their part, is being used as an excuse to steam roll property rights. 




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