Ally Financial and JP Morgan Chase have halted evictions in 23 states in response to revelations about questionable foreclosure methods.  Employees from both firms have admitted under oath that they did not verify or notarize the contents of tens of thousands of crucial legal documents.  Experts predict that this will have a palpable slowing effect on the national housing market, and therefore the economic recovery.  “We’re seeing a fundamental breakdown in the system, because no one cared that much about getting things right,” said Representative Alan Grayson of Florida.

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