What Happened At Dresden Heights?

Here is the complete article from the Wall Street Journal. A couple of things jumped out at me as I read the article. The first is never buy a home without getting title insurance. You just never know what may be hidden that could cause your purchase to be worthless. I know that people sometimes think that it's just an overpriced "extra" but it really is important. Second is just how complicated our current financial crisis makes things. It's amazing that the actual structure could be owned by one bank but the porch on the house by another bank. How do we ever get back to common sense in a world that has become that convoluted?