This lawsuit is about leveling the playing field. The financial institutions caused the housing bubble to be created by pursuing profit motives with no regard to realistic underwriting criteria. When the bubble burst and they were one week from collapsing (going out of business) and causing a World Wide end to financial markets – we, the taxpayers, bailed them out. The government then directed them to pursue policies designed to modify mortgages and avoid foreclosure. Instead, the industry gave lip skink to the requirements – ignoring the directives and choosing to cause millions of homeowners to be played like fish in the process of attempting to modify their mortgages, only to be told at the last minute, “Your paperwork was incomplete, or you didn’t respond timely.” Then bang – the house is sold at the foreclosure sale 2 to 4 weeks later. Motives – it’s easy. The banks, in our perverse world – are better off foreclosing because Fannie Mae and Freddie Mac – have to buy back the mortgages and end up covering the loss – not them. That cost was already at $148 Billion in November, 2010 and is estimated to exceed $280 billion. Guess who is paying for it? The banks, instead of appreciating the fact that we allowed them to stay in business, have simply continued to push the costs of their failure business practices to the taxpayers. Ms. Boser is the Class Representative of those Michiganders – who are the victims of the banks wrongful conduct. If successful, the banks, not the taxpayers, will be forced to absorb the losses they caused and some (but not all) of the people harmed will benefit. Ms. Boser’s and all future class representatives’ actions deserve our best wishes and applause.