Monday, January 10, 2011


The big hope with that case is it takes a completely upside down state of affairs, where it's actually in the interest of servicers to foreclose on as many people as fast as possible, to the normal state of affairs where foreclosure is a costly near to last result. Once that switch happened, things got really fucked really fast. I don't know if this will destroy the banksters, but it will make it slightly less in their interest to destroy other people.