eClosing

What happens when bloggers overreact and rely on bad sources 

I like Barry Ritholz at the Big Picture blog. I do. I think he’s a bright guy. But he’s proven time and time again that he can be out of his league when it comes to anything remotely resembling mortgage servicing. Doubly so when he bases his gotcha! moments on a flawed major media piece written by reporters that can’t understand the difference between “dumping properties onto market” and a foreclosure sale.