SWEEPING UP THE WHOLE ROOM
...don't let's forget that one of the immediate problems is also to keep cleaning up where Bush-Paulson were ... too "tired":
The suit grabbed attention because it brought to light worrisome conflicts of interest in the servicing business. Loan servicers act as middlemen between the borrowers paying the loans and the investors who own the mortgages through mortgage securities. They are responsible for monitoring delinquencies and managing billions in monthly payments. With virtually no oversight, this industry has become the new hotbed of opaque mortgage-related dealings.
