Wednesday, October 27, 2010

The Foreclosure Uh-Oh

Holman Jenkins on the home foreclosure narrative fandango
You can't understand the latest mortgage mess without understanding the powerful appetite to cast borrowers as victims and banks as villains in the housing bubble. This tendency is present in claims that minorities have been especially victimized, that people were sold loans they didn't understand.

The battle of the narratives is reaching its climax in the robo-signer controversy, with lawyers seizing upon technicalities to let people go on living in homes they've stopped paying for.

1 Comments:

Blogger LeD'z said...

to further understand how to stop home foreclosure, it is better to seek help from legal authorities for them to discuss and help you deal with it

October 27, 2010 at 6:28 AM 

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