Courts Helping Banks Screw Over Homeowners | Rolling Stone Politics

Most of you probably don’t have the attention span to read an 8 page investigative piece about foreclosure fraud, but this is important. 

The majority of Americans tend to think the fast-track forclosure mills that have popped up recently are morally icky, but legally sound.  After all, people took out mortgages and aren’t paying them back, so the banks are right to take their houses… aren’t they?  Turns out that the overwhelming majority of these loans were fraudulent in some form from the very beginning. The fraud continued as they were misrepresented to investors, sold and traded inappropriately and without paperwork, and now are being crammed through intentionally ineffective courts before anybody notices - mostly with doctored or non-existent documentation.  And I’m not talking about a few rare cases here.  This fraud isn’t the exception, it’s the rule. 

Please take ten minutes from your day and read the whole article.  It is unlikely that anybody will ever be held accountable for this bullshit, but everybody should at least know it’s happening.