Arnold Kling offers his take on the logic of defaulted borrowers contesting foreclosure due to paperwork problems: “… I think this is a popular position to take, because people love to treat banks as villains and borrowers as victims, but I think it amounts to mob rule rather than the rule of law.”
Mob rule versus the rule of law
Most Popular Articles
Latest Articles
Spring housing market gets more inventory
We’ve now had back-to-back weeks of healthy housing inventory growth, making spring 2024 much healthier than spring 2023.
-
The best real estate podcasts for agents and brokers in 2024
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program