Don’t get all excited!
Don’t be so sure that banks are not the ones behind the recent ‘Fraudclosure’ stuff I see folks crowing over.
They don’t WANT all those defaulted houses to hit the market, further depressing housing prices thru increased supply.
Plus, do you really think Obama, far and away biggest recipient of Wall Street cash during the last election, would allow anything to happen in the banking world that actually HURT Wall Street, or at least, looked to punish them more than they feel like paying for PR?