On the other end of the complicated products tied to the feet of sinking funds are actual homes. Small-town blog Foreclosing Cleveland is keeping track of foreclosures in Cleveland, and notes in a wonderful post the role 4111 Archwood Street is playing in Deutsche Bank’s troubles. The central question is: If a large company owns just a slice of a mortgage, can they foreclose? Judge Christopher Boyko, who ruled on a related case recently, thinks not.
