11.23.2010

Five percent

Sheriff Dart: 5% of Chicago’s Foreclosures DON’T Have Problems | Emptywheel

The WaPo has a story on the growing realization that the banksters have been engaging in massive fraud to keep churning out foreclosures. It includes a detail about Chicago Sheriff Thomas Dart’s refusal to enforce foreclosures I did not know: that when he had a sample of foreclosures reviewed, he found that only 5% of them had all their paperwork in order.

(Emphasis mine.)

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