Tuesday, November 09, 2010

Can This Be True?

Most news reports make it seem like judges nixing foreclosures based on crappy or fraudulent paperwork is a relatively isolated thing done by near rogue judges who fail to understand that in 2010 the banksters are the law.
It is not the only case that has big banks worried. Spinner and some of colleagues in the New York City area estimate they are dismissing 20 to 50 percent of foreclosure cases on the basis of sloppy or fraudulent paperwork filed by lenders.