I'm in foreclousre on 4 homes I own. After researching options, here's what I've found.
Watch THE WARNING by Fontline about Brooksley Born. Watch http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1017850
Now you sort of have an inkling....Then google MBS (mortgage backed securities) and CDO (collateralized debt obligation). Then google Lehman Brothers and read Wikipedia. Then realize that ALL of Wallstreets CEO's were party to Fraud and deception when you made a loan with the lender, because the lender sold your loan, then it was sold again (simultaneously) on wall street. The promissory note you signed was shredded and multiple copies were made to make this fraud work on wall street.
You don't owe anyone a dime.