[quote=Doooh]Mish is a staunch libertarianism. He loves Ron Paul, voted for Obama, but now hates him along with Bush.
Socially conservative, but liberal otherwise.
Either way, diid I hear you say that California has similar Title laws to those of Utah?[/quote]
With regards to economics, he’s on the conservative side, as compared to Yves Smith or the good folks at Angry Bear.
California is similar to the extent that California also has a non-judicial foreclosure process. I haven’t even looked at any of the actual filings, and I have no idea if Utah and California have similar quiet title laws or recording regulations.
I’ve seen opinions on issues like this in other states (specifically Florida, which is NOT a non-judicial foreclosure state), which would make quiet title actions problematic. The commentary was related to a dismissal of a foreclosure action, with prejudice. If I remember correctly, it is because Florida has a strict requirement of serving the actual owners of the note. If you don’t know who owns the note, that service is impossible. So the property owner now has a property without an enforceable mortgage, but can’t sell it without a lien release.
