Does Challenging Securitization Harm Consumers? A Conversation With an Attorney That Reveals the Real Story

Every so often, I end up in conversations with attorneys who are sharp, experienced, and well-intentioned, but who have spent their entire careers swimming in the industry’s preferred narrative. Not long ago, one of those attorneys pushed back on my work—not out of disagreement, but to play devil’s...

There Are No Banks in This System — Only Wall Street Intermediaries

One of the most persistent and misleading aspects of the modern foreclosure system is the routine use of the word “bank.” Yard signs declare “Bank-Owned Home,” attorneys in court speak of “the bank,” and judges themselves repeat the phrase as if it had factual grounding. But in truth, there were...