WHY the foreclosures are continuing?
Given that law enforcement, regulatory authorities and the Courts know that that there was very widespread fraud, fabrication and forgery, why is the resolution steering toward monetary settlements, most of which do not reach homeowners in time and most of which do not give homeowners any meaningful relief?”
“WHYare the banks continuing to enjoy the benefit of legal presumptions of false, fabricated and forged documents?”
Editor’s Note: Eric Mains, a former FDIC auditor, has written a provocative article. He is taking on the political issues as well as the legal ones. And the biggest political issue from my po…