Isn't this interesting, 60 million mortgages might be unable to be legally foreclosed on.
HAHAHAHAHA! This should sure make things a lot more sporting in this big economic game of musical paper chairs! Nothing like a little legal "jubilee" to clear the decks! They wanted highly con-plex contracts, they got them, but it seems maybe in their haste to accrue megaprofits via fractional reserve poof money creation, then added on usury, combined with deliberately lowballing risk and using hedging and so forth to sell all that upstream paper, they forgot some of the more *relevant legal niceties*. The fine print, the cornerstone of capitalism, *is* the fine print!