The Sordid Tale of Countrywide's 3.5 Fraudulent Shell-Corporation Mortgages

``Borrowers and attorneys alike smelled a rat, but they were confused as to how, and who to file suit against, related to a New York entity that didn't appear to exist and operated only from a P.O. Box in Texas. And while this confusion persisted, Countrywide continued with their foreclosures like a speeding train on a downhill run. Nobody could stop them because it was impossible to determine who the lender was. ''