The company, once one of the country's largest mortgage lenders, says it can no longer afford the $45,000-per-month rental on warehouse space to preserve hard loan files.
What say we all pitch in and buy a freaking warehouse in Oklahoma and shovel all this stuff in. Won't be long before somebody looking to discharge a foreclosure comes around looking for the court ordered original documentation. $10,000 per file. What? Outrageous you say? Fine, go back to the judge with your story. Better yet, we'll go to the judge and to the borrower and while your ass rots in the slammer for contempt we'll be selling that same file to the borrower for pennies on the dollar. Lawyers in jail. it doesn't get any sweeter.