The Foreclosure Game Tricks and Traps in the Fine Print
By RALPH NADER, Counterpunch
This time the big banks and mortgage servicing companies, with their long, one-sided fine print contracts, may have outsmarted themselves. The newspaper headlines and the network television news are blazing news of the erupting fraudulent foreclosure process. This long-overdue coverage is generating public visibility and suddenly hundreds of thousands of foreclosures may be questioned due to what one commentator delicately called “flawed paperwork.”
That is a euphemism for fraudulently executed contracts violative of state laws regarding home title changes. Read full article online….