I never thought I’d see the New York Times find a way to find a way to actually blame homeowners for failing to modify their own mortgages, but that is exactly what Floyd Norris’s December 4, 2009 blog post does.  Apparently, Chase just cant keep track of its own documentation, or get its borrowers to send things in on time and to the right place.  To be fair to the Times, this is a blog, not the NY Times proper.  And apparently bloggers don’t have an obligation to be fair or to actually look at all sides of an issue.  But what does Floyd Norris do when he’s not hanging out with Chaser loss mitigation clerks in Jacksonville?   I don’t know, but he might want to spend a few days in a busy bankruptcy lawyer’s office to see the sausage factory that is feeding the bankruptcy court system right now.

 


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