Newly-Unsealed Lawsuit Reveals Disturbing Truth About Foreclosure Crisis

Newly-Unsealed Lawsuit Reveals Disturbing Truth About Foreclosure Crisis
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RICHMOND, CA - JULY 13: Mold covers the walls of a foreclosed home during a bus tour of foreclosed and blighted properties on July 13, 2012 in Richmond, California. Members of the group Alliance of Californians for Community Empowerment (ACCE) joined city officials and Richmond mayor Gayle McLaughlin on a bus tour to view foreclosed properties in neighborhoods in Richmond that have been hit the hardest by foreclosures. Richmond currently has over 1,000 homes in foreclosure. (Photo by Justin Sullivan/Getty Images)

If you know about foreclosure fraud, the mass fabrication of mortgage documents in state courts by banks attempting to foreclose on homeowners, you may have one nagging question: Why did banks have to resort to this illegal scheme?

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