Dylan Ratigan and Marcy Kapture do a bang up job discussing foreclosure fraud, or as Dylan calls it, fraudclosure and securitization.
The very first sentence of the video clip... "It used to be that if you bought a house your mortgage would stay at a single bank while you paid it off..."
...completely jives with the point I made in a Swarm the Banks article that I wrote around the same time as this video was made.
I never saw the MSNBC video until just now, so it pleases me that my article two days ago about how mortgages used to be handled is spot on with what is depicted in the video that I just saw for the first time.
No comments:
Post a Comment