Foreclosure Error Flow Charts
Posted By Barry Ritholtz On October 11, 2010 @ 11:30 am In Credit,Foreclosures,Legal,Real Estate | Comments Disabled
Mike Konczal of RortyBomb puts together a spectacular series of flow charts that explain in the simplest of terms how the bank foreclosure process went off of the rails, in Foreclosure Fraud For Dummies.
>
How Courts Process Foreclosures
[1]
>
Errors Began in the Syndication Process
[2]
>
From A-Z, Fraud is Endemic in the Entire Process
[3]
Read his full piece.
>
Source:
Foreclosure Fraud For Dummies, 1: The Chains and the Stakes [4]
Mike Konczal
RortyBomb, October 8, 2010
http://rortybomb.wordpress.com/2010/10/08/foreclosure-fraud-for-dummies-1-the-chains-and-the-stakes/
Previously:
Man without Mortgage Loses Home in Foreclosure [5] (September 23rd, 2010)
Florida’s Ongoing Foreclosures Nightmare [6] (September 29th, 2010)
How ‘Flawed’ Is Foreclosure Paperwork? [7] (October 4th, 2010)
Foreclosure Fraud Reveals Structural & Legal Crisis [8] (October 5th, 2010)
See also:
Officials in 40 States May Join in Foreclosure Probe [9] (Bloomberg)
The Next Step in the Foreclosure Investigations [10] (NYT/Dealbook)
Courts Add To Foreclosure Delay [11] (WSJ)
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/10/foreclosure-error-flow-charts/
URLs in this post:
[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/10/foreclose_101.jpg
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/10/foreclose_101_2.jpg
[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/10/foreclose_101_3.jpg
[4] Foreclosure Fraud For Dummies, 1: The Chains and the Stakes: http://rortybomb.wordpress.com/2010/10/08/foreclosure-fraud-for-dummies-1-the-chains-and-the-stakes/
[5] Man without Mortgage Loses Home in Foreclosure: http://www.ritholtz.com/blog../2010/09/man-without-mortgage-loses-home-in-foreclosure/
[6] Florida’s Ongoing Foreclosures Nightmare: http://www.ritholtz.com/blog/2010/09/florida’s-foreclosures-nightmare/
[7] How ‘Flawed’ Is Foreclosure Paperwork?: http://www.ritholtz.com/blog/2010/10/how-flawed-was-the-paperwork/
[8] Foreclosure Fraud Reveals Structural & Legal Crisis: http://www.ritholtz.com/blog/2010/10/foreclosure-fraud-reveals-structural-legal-crisis/
[9] Officials in 40 States May Join in Foreclosure Probe: http://noir.bloomberg.com/apps/news?pid=20601109&sid=auyWFkwKE6dI&
[10] The Next Step in the Foreclosure Investigations: http://dealbook.blogs.nytimes.com/2010/10/11/the-next-step-in-the-foreclosure-investigations/
[11] Courts Add To Foreclosure Delay: http://online.wsj.com/article/SB10001424052748703358504575544342488365152.html
Click here to print.