Florida’s Rep. Grayson has put out a fascinating, eight-minute YouTube concerning the burgeoning fraud in mortgage foreclosures. It is big business, since these shady operators can make $8000 for each home foreclosed upon. They are forging documents and moving against homeowners for reasons that are flimsy at best and non-existent at worst. At the heart of the fraud is the fact that, throughout the U.S., documentation of title is shoddy. Here’s the link: http://market-ticker.org/akcs-www?singlepost=2192946
