This is a flow chart created by a financial wizard who took a year to find out exactly what kind of mortgage he has, and who has got their hands in the complex set of arrangements that is the mortgage business. I am immediately struck by the absolute impossibility for this process to be humanly comprehensible and simultaneously aware of how easily it is for computers. This is what we in the IT business call spaghetti. It is the accumulated complexity of interfaces that guarantee only what little they know with no comprehension of what goes on elsewhere. It is the triumph of interoperability without a strategic vision and the perfect sort of system whose failure cascades in unforeseen dimensions.
If you think this Administration is serious about reforming this spaghetti, raise your hand. In aggregate each of those arrows are relationships worth billions of dollars, and locked into place by a warren of lawyers as thick as thieves.
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