You might want to read a bit more about that. Chain of Title is a good place to start. https://www.amazon.com/Chain-Title-Americans-Uncovered-Foreclosure/dp/1620971585 … @dandrezner
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I don't mean to deny that banks did all sorts of insanely shady/illegal stuff RE proof of note
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Replying to @scooniepenn @emptywheel and
and they went years without ever truly being required to show that they held the notes, and then...
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Replying to @scooniepenn @emptywheel and
they started losing tons of money bc they didn't ha e systems in place to track the notes, etc
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Replying to @scooniepenn @emptywheel and
Obama's response to the foreclosure crisis and the dems failure to push a bigger stimulus are blemishes
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Replying to @scooniepenn
Please do check out the book. It doesn't deal with other ways--in US and abroad--banks could have been made to pay.
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Replying to @emptywheel @dandrezner
fair enough - people do understate how hard those types of cases are to prove however
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Replying to @scooniepenn
It is hard to take on a big bank w/great lawyers and get same outcome as going against underfunded PDs, yes.
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Replying to @emptywheel @scooniepenn
But also concrete evidence DOJ ignored referrals, did not commit to investigative tools they did w/other crime
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Also evidence some tradeoff in permitting banks to commit crimes so long as they spy on their less damaging clients @dandrezner
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