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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Banks "Nothing to See Here" Versus Grim Reality on Foreclosure Front | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="oIXXrtHvQR"&gt;&lt;a href="https://www.nakedcapitalism.com/2010/10/banks-nothing-to-see-here-versus-grim-reality-on-foreclosure-front.html"&gt;Banks &#x201C;Nothing to See Here&#x201D; Versus Grim Reality on Foreclosure Front&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2010/10/banks-nothing-to-see-here-versus-grim-reality-on-foreclosure-front.html/embed#?secret=oIXXrtHvQR" width="600" height="338" title="&#x201C;Banks &#x201C;Nothing to See Here&#x201D; Versus Grim Reality on Foreclosure Front&#x201D; &#x2014; naked capitalism" data-secret="oIXXrtHvQR" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>It&#x2019;s time to resurrect that 1960s expression, &#x201C;credibility gap,&#x201D; since it applies so well to the bank and Administration posture towards the foreclosure mess. The banks continue to insist, despite the unheard specter of foreclosure freezes, that they just need to check some things and tweak some processes and they will be back to normal [&hellip;]</description></oembed>

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