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Judges Take Notice of Subprime Mortgage Crisis

Just in case you missed it, here is the most recent addition to the list of famous last words: "Your honor, you just don't understand how things work." According to press reports, that is how Judge Christopher A. Boyko of the Federal District Court in Cleveland, OH, characterized the foreclosing lender's counsel response to the judge's request for proof that the lender, Deutsche Bank, actually owned the 14 unpaid mortgages that the lender was asking the court to foreclose.

19 minute readMarch 25, 2008 at 02:36 PM
By
Marvin N. Bagwell
Judges Take Notice of Subprime Mortgage Crisis

Just in case you missed it, here is the most recent addition to the list of famous last words: 'Your honor, you just don't understand how things work.'

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