Lack of oversight in Foreclosures

This is such a mess.  It's my contention that lack of regulatory oversight led to the collapse of the housing market, and the same lack of regulatory oversight is leading to abuses in the foreclosure process.

The NY Times article on what is happening in Florida should be a cautionary tale for all communities that are facing waves of foreclosures.  While it's not as bad in Wisconsin as it is in Florida, it's something that community leaders should learn from.