The state attorneys general are getting in the foreclosure mess and from the looks of it all, things could get messy. In the fourth year of a housing crisis caused at least partially by lax mortgage industry dealings, now the states are looking for a fall guy. Banks repossessed almost 3 million homes from Jan. 2007 to Aug. 2010, and will take a record 1.2 million this year.
And the Republicans claim we have too much regulation.
Read more here and here.