big banks at risk in foreclosure fraud

[Coronita]

[quote=walterwhite]look flu, I’ve been predicting The End of The World As We Know It for a long long time. Eventually I’m going to be right. It may be long after my bones are picked clean but goddmanit i’ll be right.[/quote]

Lol…Try to enjoy life for a change. I know it’s hard but sheesh…The events from the Revelations have not played out yet…And when they do, most everyone is going to be screwed anyway…

On a brighter side, the fact that you constantly worry about this particular issue tells me it’s a good thing, because it means you aren’t actually preoccupied with some other thing that’s going on in your life more important to worry about.

[Rich Toscano]

[quote=BigGovernmentIsGood]
No, I’m not saying that they would approve of it. The prevailing attitude here is that only irresponsible people are getting foreclosed upon. However, that is not always the case.

What I’m saying is that most Piggs probably don’t care whether the rule of law is followed when a borrower who isn’t making their payments gets foreclosed upon. However, if the banksters get away with not following the law and foreclosing on people who aren’t making their payments what is to stop them from then not following the law and foreclosing upon people who are making payments?[/quote]

Alright, well that makes sense when you explain it that way. But I think you are conflating two different things. I think that most people would agree that lenders should follow the law/rules, and if they don’t, they should be punished and made to start doing it right. However, that’s very different from saying that someone who stopped paying their mortgage should get a get out of jail free just because the documents weren’t filed right.

I (and presumably the piggs you are referring to) am against non-mortgage-paying homeowners getting a free house based on a technicality. But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished, or of legitimately mistaken foreclosures not having some recourse.

(And as context and to emphasize that first point, I think that a huge portion of the financial industry serves only as a giant parasite on the productive economy, and that the financial industry bailout has been/continues to be an economic and moral catastrophe).

[Rich Toscano]

[quote=BigGovernmentIsGood]
No, I’m not saying that they would approve of it. The prevailing attitude here is that only irresponsible people are getting foreclosed upon. However, that is not always the case.

What I’m saying is that most Piggs probably don’t care whether the rule of law is followed when a borrower who isn’t making their payments gets foreclosed upon. However, if the banksters get away with not following the law and foreclosing on people who aren’t making their payments what is to stop them from then not following the law and foreclosing upon people who are making payments?[/quote]

Alright, well that makes sense when you explain it that way. But I think you are conflating two different things. I think that most people would agree that lenders should follow the law/rules, and if they don’t, they should be punished and made to start doing it right. However, that’s very different from saying that someone who stopped paying their mortgage should get a get out of jail free just because the documents weren’t filed right.

I (and presumably the piggs you are referring to) am against non-mortgage-paying homeowners getting a free house based on a technicality. But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished, or of legitimately mistaken foreclosures not having some recourse.

(And as context and to emphasize that first point, I think that a huge portion of the financial industry serves only as a giant parasite on the productive economy, and that the financial industry bailout has been/continues to be an economic and moral catastrophe).

[Rich Toscano]

[quote=BigGovernmentIsGood]
No, I’m not saying that they would approve of it. The prevailing attitude here is that only irresponsible people are getting foreclosed upon. However, that is not always the case.

What I’m saying is that most Piggs probably don’t care whether the rule of law is followed when a borrower who isn’t making their payments gets foreclosed upon. However, if the banksters get away with not following the law and foreclosing on people who aren’t making their payments what is to stop them from then not following the law and foreclosing upon people who are making payments?[/quote]

Alright, well that makes sense when you explain it that way. But I think you are conflating two different things. I think that most people would agree that lenders should follow the law/rules, and if they don’t, they should be punished and made to start doing it right. However, that’s very different from saying that someone who stopped paying their mortgage should get a get out of jail free just because the documents weren’t filed right.

I (and presumably the piggs you are referring to) am against non-mortgage-paying homeowners getting a free house based on a technicality. But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished, or of legitimately mistaken foreclosures not having some recourse.

(And as context and to emphasize that first point, I think that a huge portion of the financial industry serves only as a giant parasite on the productive economy, and that the financial industry bailout has been/continues to be an economic and moral catastrophe).

[Rich Toscano]

[quote=BigGovernmentIsGood]
No, I’m not saying that they would approve of it. The prevailing attitude here is that only irresponsible people are getting foreclosed upon. However, that is not always the case.

What I’m saying is that most Piggs probably don’t care whether the rule of law is followed when a borrower who isn’t making their payments gets foreclosed upon. However, if the banksters get away with not following the law and foreclosing on people who aren’t making their payments what is to stop them from then not following the law and foreclosing upon people who are making payments?[/quote]

Alright, well that makes sense when you explain it that way. But I think you are conflating two different things. I think that most people would agree that lenders should follow the law/rules, and if they don’t, they should be punished and made to start doing it right. However, that’s very different from saying that someone who stopped paying their mortgage should get a get out of jail free just because the documents weren’t filed right.

I (and presumably the piggs you are referring to) am against non-mortgage-paying homeowners getting a free house based on a technicality. But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished, or of legitimately mistaken foreclosures not having some recourse.

(And as context and to emphasize that first point, I think that a huge portion of the financial industry serves only as a giant parasite on the productive economy, and that the financial industry bailout has been/continues to be an economic and moral catastrophe).

[Rich Toscano]

[quote=BigGovernmentIsGood]
No, I’m not saying that they would approve of it. The prevailing attitude here is that only irresponsible people are getting foreclosed upon. However, that is not always the case.

What I’m saying is that most Piggs probably don’t care whether the rule of law is followed when a borrower who isn’t making their payments gets foreclosed upon. However, if the banksters get away with not following the law and foreclosing on people who aren’t making their payments what is to stop them from then not following the law and foreclosing upon people who are making payments?[/quote]

Alright, well that makes sense when you explain it that way. But I think you are conflating two different things. I think that most people would agree that lenders should follow the law/rules, and if they don’t, they should be punished and made to start doing it right. However, that’s very different from saying that someone who stopped paying their mortgage should get a get out of jail free just because the documents weren’t filed right.

I (and presumably the piggs you are referring to) am against non-mortgage-paying homeowners getting a free house based on a technicality. But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished, or of legitimately mistaken foreclosures not having some recourse.

(And as context and to emphasize that first point, I think that a huge portion of the financial industry serves only as a giant parasite on the productive economy, and that the financial industry bailout has been/continues to be an economic and moral catastrophe).

[scaredyclassic]

of course. i don’t worry about my children, they’ll be fine, i don’t worry about my job or health, who cares. All i worry about it is money and the fate of the nation. maybe in the old days people like me used to worry about divine retribution, or their souls or something similarly abstract

[scaredyclassic]

of course. i don’t worry about my children, they’ll be fine, i don’t worry about my job or health, who cares. All i worry about it is money and the fate of the nation. maybe in the old days people like me used to worry about divine retribution, or their souls or something similarly abstract

[scaredyclassic]

of course. i don’t worry about my children, they’ll be fine, i don’t worry about my job or health, who cares. All i worry about it is money and the fate of the nation. maybe in the old days people like me used to worry about divine retribution, or their souls or something similarly abstract

[scaredyclassic]

of course. i don’t worry about my children, they’ll be fine, i don’t worry about my job or health, who cares. All i worry about it is money and the fate of the nation. maybe in the old days people like me used to worry about divine retribution, or their souls or something similarly abstract

[scaredyclassic]

of course. i don’t worry about my children, they’ll be fine, i don’t worry about my job or health, who cares. All i worry about it is money and the fate of the nation. maybe in the old days people like me used to worry about divine retribution, or their souls or something similarly abstract

[scaredyclassic]

rich wrote:

But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished,

and i reply:

NOOOOOOO!!! if that’s the case, then the investors win. MBS transactions undone. Banks owe trillions. BANKS implode. govt attempts to reinflate. epic fail. we all die in a giant blazing ball of dung.

and why are parasites necessarily such a bad thing? arent they necessary in the natural order of things.

[scaredyclassic]

rich wrote:

But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished,

and i reply:

NOOOOOOO!!! if that’s the case, then the investors win. MBS transactions undone. Banks owe trillions. BANKS implode. govt attempts to reinflate. epic fail. we all die in a giant blazing ball of dung.

and why are parasites necessarily such a bad thing? arent they necessary in the natural order of things.

[scaredyclassic]

rich wrote:

But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished,

and i reply:

NOOOOOOO!!! if that’s the case, then the investors win. MBS transactions undone. Banks owe trillions. BANKS implode. govt attempts to reinflate. epic fail. we all die in a giant blazing ball of dung.

and why are parasites necessarily such a bad thing? arent they necessary in the natural order of things.

[scaredyclassic]

rich wrote:

But I am definitely not in favor of bank”st”ers, or of them skirting the law unpunished,

and i reply:

NOOOOOOO!!! if that’s the case, then the investors win. MBS transactions undone. Banks owe trillions. BANKS implode. govt attempts to reinflate. epic fail. we all die in a giant blazing ball of dung.

and why are parasites necessarily such a bad thing? arent they necessary in the natural order of things.

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