BUSINESS

Foreclosure Mess Could Be Easy To Cure And Pose Big Problems For Banks Involved

12/23/2010 05:12 am ET | Updated May 25, 2011

Is the banks' sloppy paperwork a matter of simple technicalities that are relatively easy to cure, as the banks contend? Or are there more far-reaching consequences for banks and the institutions that bought mortgage-backed securities during the mania?
Oddly enough, the answer to both questions may be yes.

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