Like my favorite quote from my favorite lawyer movie, A Few Good Men, “And the hits just keep on coming.” Or take this quote I picked off in the comments on Nake Capitalism’s website…..
Why do bankers wear tassled loafers?
Because they can’t tie their own shoelaces.
These are major decisions from important courts all across this country that are finding fatal problems with the entire foreclosure, mortgage and real estate servicing industries. We’ve been screaming about these problems forever and now our courts are really starting to hammer away at the practices that have infected our court system. These two decisions are long, but incredibly important….read them carefully….
Finally, read the commentary from Yves Smith’s Naked Capitalism Site….and bookmark hers for excellent commentary on all these issues……