The cartels' dirty work pays well, it seems.
Discussion
At the height of the foreclosure glut, some lawyers were getting like 10-15k per foreclosure file or more that weren’t even contested so they basically just had to file paper work, show up one day and get a judgment on like 20-30 cases at a time, the judges would just run through them, “anyone here?no? Judgment for plaintiff” and the lawyers would literally have stacks of final judgments for the judge to sign. It was mostly proper so I dont want to make it sound evil, but it was wild the volume.
It does sound fucking evil though
It’s really a symptom of the evil, as you guys understand. But someone’s gotta push the cases through or all the homes return to nature. Remember the scene with the alligators in the big print? A lot of the foreclosures were basically empty houses, defendants “Jane do and known and unknown tenants” basically a place holder for anyone who might be living there to come forward. Often no one did.
I would still call it evil. Just the latter stages of a premeditated plan to steal everyone's houses. You set the wheels in motion to get homeowners in a position that they live in homes they can't pay for, then take the homes and make it their fault.
The reality is the banks don’t want the houses at all, they dont want to steal them, they really want you paying them the money. At the height, the banks were desperate to keep people in them paying on their debts. IT was a catastrophe for them too, but of course they had the money printer on their side to bail them out as we saw. Banks really really don’t want to own your house, they want to own your debt, repackage it, and sell it off. It’s debt tranche hot potato
I'd say that the chaos is part of the plan. When employees of banks try as hard as they can to bleed people out by making them pay their debts, but those in the know understand it's impossible, and look to the real goal which is the foreclosure.
I'm not a lawyer, so I'll assume premeditation in anything involving a bank 😂
I don’t blame you, I’m more of a Golem-model of evil. Just a lot of people working in a deranged system, the aggregate result is the Golgothan golem:
