60 Minutes looks at the mortgage mess

An experienced attorney can make the process of proving ownership of a mortgage in a foreclosure a tedious, time-consuming and therefore expensive effort. That’s true even when the relevant documents have been executed and handled in the most professional manner.

In the video, CBS 60 Minutes takes a look at how a large number of mortgage documents were actually handled – or fabricated. The result is a many-faceted mess that will have a very real impact on housing values in many areas.

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