Jonathan Arnold reviewed Chain of Title by David Dayen
Review of 'Chain of Title' on 'Goodreads'
4 stars
Not surprisingly, it ended badly. Despite rampant malfeasance and fraud and crime, the banks, in the end, get away with it all. For some reason, a homeowner, wondering who actually owns the title and mortgage on their house, is the one considered the deadbeat when banks fail to provide a paper trail and are assumed guilty. Even if they were trying to "get their house for free", it still shouldn't excuse the evil the banks did, all with the powers that be, all the way up to President Obama, looking the other way. Terrible, horrible, and they got away with it scott free, kicking millions of people out of their homes, leaving them empty, often without a shred of proof.
It was written pretty well, although you could tell it was his first book. Sometimes, the details got too overwhelming and sometimes his heart got ahead of the story, but …
Not surprisingly, it ended badly. Despite rampant malfeasance and fraud and crime, the banks, in the end, get away with it all. For some reason, a homeowner, wondering who actually owns the title and mortgage on their house, is the one considered the deadbeat when banks fail to provide a paper trail and are assumed guilty. Even if they were trying to "get their house for free", it still shouldn't excuse the evil the banks did, all with the powers that be, all the way up to President Obama, looking the other way. Terrible, horrible, and they got away with it scott free, kicking millions of people out of their homes, leaving them empty, often without a shred of proof.
It was written pretty well, although you could tell it was his first book. Sometimes, the details got too overwhelming and sometimes his heart got ahead of the story, but at least the story gets told, even if it gets ignored.