Shooting themselves in the foot: It's not enough that all these lenders are foreclosing on homes and ruining their borrowers' lives. It's not enough that they can't get out of their own way long enough to effectively process loan modifications, for which they have received (a lot of) federal money. Now, these same lenders have screwed up the foreclosure paperwork so badly that many of them are suspending their foreclosure sales, putting yet another category of would-be homeowner into potential eternal limbo.

Can you imagine how much worse it would be if there were no government regulation at all?