Foreclosure is a racket and a lie. (So is war…but today we’re talking about foreclosure.)
One of my principal concerns about the systemic fraud in the foreclosure system relates to the impact of foreclosure on the overall economy.
More plainly…”The Banks” are lying to Congress and the world financial markets in general about the total value of the collateral that is secured by mortgage loans. This fact impacts all of the foreclosure process from beginning to end…
