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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



Errors Began in the Syndication Process



From A-Z, Fraud is Endemic in the Entire Process


Read his full piece.


Foreclosure Fraud For Dummies, 1: The Chains and the Stakes [4]
Mike Konczal
RortyBomb, October 8, 2010

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

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