Financial Armageddon

The documents discuss the growing US national debt, mortgage securitization processes, and legal issues surrounding foreclosures. They describe how (1) the US national debt has increased by $1.73 billion per day, (2) the mortgage securitization process involves multiple parties and can enable predatory lending, and (3) judges have expressed concerns about whether mortgage lenders actually have the legal right to foreclose in many cases due to issues in securitization processes and documentation.