San Diego Housing Market News and Analysis
Foreclosures May Be Just a Sideshow in Paperwork Scandal
Submitted by Rich Toscano on October 16, 2010 - 9:29am
I'm a finance and economics nerd, not a legal nerd, so I'm trying to make heads or tails of the whole foreclosure signing mess just like everyone else. Fortunately a friend sent along a Citigroup research piece, summarizing the views of a Georgetown law professor named Adam Levitin, that I found very enlightening. Unfortunately, the piece is proprietary so I can't link to it. But I will try to sum up some of the major points.
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