There you go, folks. Here's what I was talking about.
How much will foreclosure-gate cost Bank of America, JP Morgan Chase and other banks? - The Curious Capitalist - TIME.com
"...what if the banks were just using their "modification" attempts as a means to distract borrowers, so they wouldn't realized they were filing phony documents at the courthouse to kick them out.
And here's the real kicker. Some observers are now saying that the banks may have purposely lost the loan documents in order to mislead investors."
"...If the banks don't have the necessary paperwork on most loans and are found to have committed widespread fraud to hide that fact, they may be forced into a mass settlement."
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