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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (81416)5/3/2007 4:45:22 PM
From: Wyätt Gwyön  Read Replies (2) of 110194
 
Massachusetts has become the first state in the country to declare a moratorium on foreclosures stemming from predatory lending.

they shouldn't be so self-congratulatory. Ohio's AG has been imposing injunctions since the middle of March. the AG is out for blood and looking to prosecute and send people to prison. if you haven't seen it, read the lead article of the April 6 Grant's.

it is pretty amazing when a mortgage contract is voided by state fiat. the lenders are sooo farked...
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