Saturday, January 28, 2012

The Crazy Mortgage Crisis in America

How was this possible? The US mortgage crisis was an explosion of madness, incompetence and fraud! Should anyone therefore really question the need for serious regulation and oversight of financial institutions? Watch this.

In light of the absence of evidence of who owns the mortgages, home owners who refuse to pay the financial institutions ought to be on solid legal ground. The problem gets even more complicated when they ask: Where is my title?