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: Instapundit.comHMM: Obama administration knew about foreclosure irregularities. ?It appears that the Obama admini?
By Glenn Reynolds
HMM: Obama administration knew about foreclosure irregularities. “It appears that the Obama administration chose to tolerate the irregularities that now threaten the housing market and the financial industry because it preferred that banks use their limited resources to focus on giving breaks to folks who couldn’t pay their mortgages, rather than on handling foreclosures properly. I don’t know whether the irregularities in question justify an extended moratorium on foreclosures. But if they do — or even if they don’t, and we still end up with such a moratorium — then it looks like the Obama administration will bear considerable blame for the consequences.”
Full post as published by Instapundit.com on October 11, 2010 (boomark / email).
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