I guess I am going to keep writing about this until people seem to understand the true problems behind the housing crises. When I read the articles, my sense is that very few people really understand the bind that many Americans are in. There was a class action lawsuit against Homecomings Financial, (a subsidiary of GMAC and big time winner of bail out funds). See the lawsuit here.
http://www.homecomingsfinancialclass...
That class action lawsuit, will not go forward and not be be paid because we, the American people are last in a long line of debtors that GMAC owes money. Follow me over the fold for an understanding of how our hands have been effectively tied by the banking industry, and how this will continue to freeze our economy until the inner workings and criminal behavior are finally understood.