Rose Mary Gudiel, a homeowner in Bassett, CA, has just been served with an eviction notice. And as she says in this testimonial, she’s refusing to go. And her neighbors are rallying to her side.

The next shoe is going to drop shortly as Private Mortgage Insurers are caught out with way too much liability and way too little reserves to pay them with. Ignoring the housing crisis means that it continues to do damage.

I’m not surprised that Karl Rove has weighed in on the foreclosure fraud scandal with an erroneous op-ed in the WSJ. I’m just a bit baffled why he did so now.

This is a reminder that the victims of Wall Street’s misconduct during the housing bubble actually include millions of responsible Americans who had zero involvement in the bubble, but are simply unfortunate enough to live in a community where the banks refuse to take care of their property.

Peter Baker has an almost 6500-word article describing Obama’s efforts to fix the economy. But nowhere in this epic does Peter Baker once use the word “foreclosure.” Or “housing.” Or, god forbid, “HAMP.”

You’d think after it had become the poster child for robo-signing foreclosure fraud, at a time when it was facing a class action suit arising out of that fraud, and at a time when all servicers had been anxiously awaiting the result of the US Bank v. Ibanez suit in MA, GMAC would be very very careful about the way its purchase of mortgage notes interacted with its servicing department.

You’d be wrong.

How in hell could the government give those who have been harmed redress if the government is only reviewing a select subset of the loan files? Is the government going to provide everyone who believes they were screwed some legal aid to prove their claim?

MERS is a screw-up. Congress should let them run the entire property registration system. How do these fit together? Money is such a lubricant.

Your honor, I’m so incompetent I can’t find my paper. Save me, pretty please. The banks that wrote the law on promissory notes put in Plan B just in case.

This is my response to the question of what Obama could do now to address the country’s current problems, without the need to pass a bill through Congress.