Relevant:
- Foreclosure Fiasco Trail Leads to Washington: Jonathan Weil
- Bankruptcy Judges & DOJ Rip Mortgage Companies
- Mortgage Mess: Shredding the Dream; Major Fight over Enormous Losses Yet to Come
- More foreclosures on the way for 2010
- The Foreclosure Mess MBS Hate Triangle Emerges: Junior Versus Senior Bondholders Versus Servicers
2010-10-21 — bloomberg.com
"The biggest U.S. mortgage lenders and servicers say they’re putting the foreclosure mess behind them, and that it never was a major problem. The reality is these companies are so big and unmanageable, the people in charge of running them have no way to know if that is true."
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