Make of them what you will.
Me, I’ve already said that the premise that the banksters had to fraudulently doctor documents in order to foreclose on homes is flawed. Flawed because the entire loan process was a fraud, meaning that the loans in question never should have been made in the first place.
Was there some quick wink-wink butt covering with regard to document custody and tracking? No doubt. These emails seem to get into the nitty-gritty of one such case. But what I want to see is contemporaneous proof that BAC execs knew the Countrywide operation was a fraud and were counting on the Federal Reserve to help them clean it up — before the deal ever went down.
That would be something.
