Tuesday, November 27, 2012

Foreclosure Fraud and Stuffing (not the kind you put in a turkey)

A couple of interesting articles crossed my screen today.

Thanks to the commentators on Zero Hedge, I was alerted to this article on Foreclosure Stuffing by banks, designed to keep excess inventory off the market, forcing up prices (so the theory goes), which helps explain why I'm still here, 40 months after mortgage default and 31 months after being served with foreclosure papers.

Also, a fairly dense article (with court papers) on a foreclosure case in US District Court in Massachusetts which may end up being yet another precedent-setter (against the banks and in favor of defrauded homeowners).

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