Ok first it was; "Give us a huge bailout NOW! The sky is falling". Now it's: "Umm, we don't know who owns the title to your house. Oops!" Report: Foreclosure mess could threaten banks - Yahoo! Finance That means if you re-fied your house or if the bank sold the mortgage as a financial instrument (mortgage backed securities, remember those?) multiple banks and lending institutions may try to foreclose on you. You bank may have sold your mortgage multiple times, like 10-20 times, to different investors. But that's ok, I'm sure the Federal Reserve can come to the rescue by printing the banks some money that we the tax payers have to pay back right? We already have 13 trillion in debt what's 6.4 trillion more?