A House in Maine kicks off Foreclosure Freeze

   A woman named Nicolle Bradbury lives in the house in Maine that set off the current furor over the foreclosure mess that the banks find themselves mired in. The NY Times captures her case like so:

http://www.nytimes.com/2010/10/15/business/15maine.html
"Nicolle Bradbury bought this house seven years ago for $75,000, a major step up from the trailer she had been living in with her family. But she lost her job and the $474 monthly mortgage payment became difficult, then impossible.

It should have been a routine foreclosure, with Mrs. Bradbury joining the anonymous millions quietly dispossessed since the recession began. But she was savvy enough to contact a nonprofit group, Pine Tree Legal Assistance, where for once in her 38 years, she caught a break." 

   That break came in the form of a retired lawyer named Thomas A. Cox who was volunteering at Tree Legal. Cox exposed the shoddy paperwork that GMAC was using to evict Ms Bradbury and eventually showed that all of the banks were using the same shoddy paperwork and questionable tactics to foreclose on borrowers.

   This type of laxity on the part of the banks shows me that there's no leadership at the top. The troops look to the leadership for guidance and structure but what happens when there's no leadership to begin with? Well, just look at the sorry state of banks like Citi, BAC, and GMAC for the first clue. Are we really in 2010? Is this still America? Feels more like the old times I've seen in movies where banks did whatever they wanted and kicked widows and orphans to the curb with all the might of a grizzly old sea captain. Shit's depressing.