Foreclosure Error Flow Charts

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
Mike Konczal
RortyBomb, October 8, 2010

Man without Mortgage Loses Home in Foreclosure (September 23rd, 2010)

Florida’s Ongoing Foreclosures Nightmare (September 29th, 2010)

How ‘Flawed’ Is Foreclosure Paperwork? (October 4th, 2010)

Foreclosure Fraud Reveals Structural & Legal Crisis (October 5th, 2010)

See also:
Officials in 40 States May Join in Foreclosure Probe (Bloomberg)

The Next Step in the Foreclosure Investigations (NYT/Dealbook)

Courts Add To Foreclosure Delay (WSJ)

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under