Friday, October 08, 2010

The Politics of Foreclosure - WSJ.com

Review & Outlook: The Politics of Foreclosure - WSJ.com
"Talk about a financial scandal. A consumer borrows money to buy a house, doesn't make the mortgage payments, and then loses the house in foreclosure—only to learn that the wrong guy at the bank signed the foreclosure paperwork.

Can you imagine?

The affidavit was supposed to be signed by the nameless, faceless employee in the back office who reviewed the file, not the other nameless, faceless employee who sits in the front."

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