[quote=CA renter]
What seems to be missing in all this rhetoric is the fact that most of these FBs have defaulted on their loans, in one way or another. The paperwork glitches need to be fixed, but that should not mean that idiot speculators get to have “free” houses.[/quote]
What about idiot speculators who made bad loans and didn’t take the very simple steps required to protect the security interest in those loans?