60 Minutes: Mortgage paperwork mess: the next housing shock?

April 3, 2011

60 Minutes reported that after 6 consecutive months of falling home prices, there is little question about a second housing drop. With home prices similar to those of more than 10 years ago.

It appears that the banks that are trying to help homeowners are actually creating much of the problem by "fouled up paperwork". In some cases it appears to be an intentional fraud reported a homeowner who is fighting their foreclosure.

Follow this link to read more on 60 minutes and the Mortgage Paperwork Mess