Not to diminish the documentation problem, but a tiny, tiny portion of those being foreclosed upon are actually paying their mortgages.
Fact is these people are NOT paying their mortgages (aside from a few high-profile exceptions that I’d agree with you on about them getting killed about).
The quesiton isn’t whether the homeowners shouldn’t be foreclosed upon, rather, it’s WHOM should be doing the foreclosing.
I think you have that backwards. I'm betting most have been paying reduced amounts the banks offer in the form of Trial Modifications. It's far from uncommon for this to go on for well over a year only to have the bank then claim the borrower is unqualified for some minor reason.