Nom de Plumber is a Nom de Plume
FACT 1: These borrowers became delinquent in 2006 (six years ago).
FACT 2: Payment delinquency persisted into 2009.
FACT 3: Their foreclosure was deemed faulty, notwithstanding FACTS 1 and 2 (borrower nonpayment).
FACT 4: Lender, as settlement, forgave $159,000 of loan principal.
FACT 5: You as a bank depositor, pension-fund beneficiary, or life insurance policyholder ultimately ate the loss.