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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>Debunking Banks' "Procedural Problems" Defense on the Foreclosure Crisis | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="gpDVpwlVgx"&gt;&lt;a href="https://www.nakedcapitalism.com/2010/10/debunking-banks-procedural-problems-defense-on-the-foreclosure-crisis.html"&gt;Debunking Banks&#x2019; &#x201C;Procedural Problems&#x201D; Defense on the Foreclosure Crisis&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2010/10/debunking-banks-procedural-problems-defense-on-the-foreclosure-crisis.html/embed#?secret=gpDVpwlVgx" width="600" height="338" title="&#x201C;Debunking Banks&#x2019; &#x201C;Procedural Problems&#x201D; Defense on the Foreclosure Crisis&#x201D; &#x2014; naked capitalism" data-secret="gpDVpwlVgx" 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>As more and more problems with foreclosures and borrower horror stories are coming to light, it isn&#x2019;t hard to notice that banks are still gamely sticking with the pitch that the failings are technical and procedural even as the breadth of their response and the official reaction says otherwise. Suspending all foreclosures in the US, [&hellip;]</description></oembed>

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