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Friday, August 12 2011 @ 09:43 AM CDT

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Mortgage Bankers Association 'Strategic Default' Exposed

By Jon Stewart

The Mortgage Bankers Association strategically defaults, walks away from the commercial loan on their headquarters after shaming and ridiculing homeowners who do the same.

The hypocrisy from John Courson, MBA's CEO, oozes from the camera as he lectures homeowners for choosing to walk away instead of pay. The interview with the head of the Vegas MBA Chapter is the best part -- comes somewhere in the middle.



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