The nice thing about OPM is that, as long as the source isn't a formal bank or at least the same bank, I can perform more of these transactions because I'm spreading the risk across multiple entities.

Do something like 49-51% formal.

Many (if not most) mortgage foreclosures (judicial and non-judicial, such as trustee sales) are buyer beware, all cash auctions where title insurance is not available. 

The plaintiff has a high burden to show that the defendant did not respect corporate formalities.  

As to accountability, there is the judicial branch.

The regulations are much different, and the agents under him do not need to go through any formal training to be agents. 

They have never claimed "his" property as a rental on their taxes nor had any type of formal lease.

The corporate veil or maintaining the corporate formalities is a key part of maintaining the limited liability through your LLC.

The lengthy proceedure to get three years later to have to file a formal Foreclosure etc. does not interest most people to go through the hassle.

I think Chad Carson is the scheduled speaker (formal meeting starts at 6:30 pm).