Reply #1: I have to ask:

[Myrina]

If the fraud and abuse is as plain as it seems:

"... The short of it is this: banks have been actively foreclosing on people they didn't have the strict legal right to foreclose on. The dispossessed people now have a legal basis to sue to get their houses back. Furthermore, many folks who bought foreclosed properties from a bank probably don’t legally own the property. Another way to look at this is to say that it no longer matters if a homeowner failed to pay the mortgage. The fraud committed by the banks and foreclosure mills casts so much doubt that all foreclosures are now questionable, and not only the foreclosures but, in fact, all aspects of the securitized mortgage industry are now suspect... "

WHY won't the Administration support an indefinite freeze on foreclosures?
(Not that I don't suspect what the answer really is, mind you ...)