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Foreclosure

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Commentary: On Unintended Consequences and the Foreclosure Machine 

Jan 08, 2008By

If you do nothing else today, read this post by Tanta over at Calculated Risk. All of it. In it, you’ll see a very thorough debunking of the myth that says everything in mortgage servicing can be automated, as well as a debunking of the single largest myth emerging in today’s major media: that so-called predatory servicing is the result of willful intent on the part of the servicer.

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