Home › Forums › Financial Markets/Economics › big banks at risk in foreclosure fraud
- This topic has 270 replies, 14 voices, and was last updated 14 years, 1 month ago by briansd1.
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October 13, 2010 at 11:50 PM #618881October 13, 2010 at 11:50 PM #617815scaredyclassicParticipant
that is one thing they do teach in law school, you ahve to identify every possible party involved for liability or you get dinged in torts and contracts..nothing special about this lawyer. Sue em all, let God sort em out.
October 13, 2010 at 11:50 PM #617899scaredyclassicParticipantthat is one thing they do teach in law school, you ahve to identify every possible party involved for liability or you get dinged in torts and contracts..nothing special about this lawyer. Sue em all, let God sort em out.
October 13, 2010 at 11:50 PM #618447scaredyclassicParticipantthat is one thing they do teach in law school, you ahve to identify every possible party involved for liability or you get dinged in torts and contracts..nothing special about this lawyer. Sue em all, let God sort em out.
October 13, 2010 at 11:50 PM #618567scaredyclassicParticipantthat is one thing they do teach in law school, you ahve to identify every possible party involved for liability or you get dinged in torts and contracts..nothing special about this lawyer. Sue em all, let God sort em out.
October 13, 2010 at 11:50 PM #618886scaredyclassicParticipantthat is one thing they do teach in law school, you ahve to identify every possible party involved for liability or you get dinged in torts and contracts..nothing special about this lawyer. Sue em all, let God sort em out.
October 13, 2010 at 11:52 PM #617820BigGovernmentIsGoodParticipantWalter,
Have you been following the articles on nakedcapitalism.com? That blog has done a good job covering this story. From what I gather, the author of that blog thinks that the trusts may not actually own the mortgage note. She thinks the chain-of-title was broken by MERS.
What happens in that case? What happens to all the payments that were made? What happens if the trust took all of a borrower’s payments and then goes broke?
It seems like there are a lot of potential legal issues to deal with.
October 13, 2010 at 11:52 PM #617904BigGovernmentIsGoodParticipantWalter,
Have you been following the articles on nakedcapitalism.com? That blog has done a good job covering this story. From what I gather, the author of that blog thinks that the trusts may not actually own the mortgage note. She thinks the chain-of-title was broken by MERS.
What happens in that case? What happens to all the payments that were made? What happens if the trust took all of a borrower’s payments and then goes broke?
It seems like there are a lot of potential legal issues to deal with.
October 13, 2010 at 11:52 PM #618452BigGovernmentIsGoodParticipantWalter,
Have you been following the articles on nakedcapitalism.com? That blog has done a good job covering this story. From what I gather, the author of that blog thinks that the trusts may not actually own the mortgage note. She thinks the chain-of-title was broken by MERS.
What happens in that case? What happens to all the payments that were made? What happens if the trust took all of a borrower’s payments and then goes broke?
It seems like there are a lot of potential legal issues to deal with.
October 13, 2010 at 11:52 PM #618572BigGovernmentIsGoodParticipantWalter,
Have you been following the articles on nakedcapitalism.com? That blog has done a good job covering this story. From what I gather, the author of that blog thinks that the trusts may not actually own the mortgage note. She thinks the chain-of-title was broken by MERS.
What happens in that case? What happens to all the payments that were made? What happens if the trust took all of a borrower’s payments and then goes broke?
It seems like there are a lot of potential legal issues to deal with.
October 13, 2010 at 11:52 PM #618891BigGovernmentIsGoodParticipantWalter,
Have you been following the articles on nakedcapitalism.com? That blog has done a good job covering this story. From what I gather, the author of that blog thinks that the trusts may not actually own the mortgage note. She thinks the chain-of-title was broken by MERS.
What happens in that case? What happens to all the payments that were made? What happens if the trust took all of a borrower’s payments and then goes broke?
It seems like there are a lot of potential legal issues to deal with.
October 13, 2010 at 11:54 PM #617825scaredyclassicParticipantsee i thought we had all agreed that we would beable to spot general upward and downward trends and generally be able to see bottoms in the rearview mirror. i don’t feel that’s the case. We could be dragging along a bottom or we could be in the midst of a massively undeflated bubble. i have no clue. do you? yeah you can pay some realtor to hold your hand and say real estate’s done real well over the last 35 years , but when the hellhave there been lawyers suing to gt dmaages from banks for crappy foreclosures potentially resulting in billions or trillions in damages?
answer: NEVER
how in the hell would anyone in the universe even be qualified to give an opinion on where we are or where we’re going?
no one.
October 13, 2010 at 11:54 PM #617908scaredyclassicParticipantsee i thought we had all agreed that we would beable to spot general upward and downward trends and generally be able to see bottoms in the rearview mirror. i don’t feel that’s the case. We could be dragging along a bottom or we could be in the midst of a massively undeflated bubble. i have no clue. do you? yeah you can pay some realtor to hold your hand and say real estate’s done real well over the last 35 years , but when the hellhave there been lawyers suing to gt dmaages from banks for crappy foreclosures potentially resulting in billions or trillions in damages?
answer: NEVER
how in the hell would anyone in the universe even be qualified to give an opinion on where we are or where we’re going?
no one.
October 13, 2010 at 11:54 PM #618457scaredyclassicParticipantsee i thought we had all agreed that we would beable to spot general upward and downward trends and generally be able to see bottoms in the rearview mirror. i don’t feel that’s the case. We could be dragging along a bottom or we could be in the midst of a massively undeflated bubble. i have no clue. do you? yeah you can pay some realtor to hold your hand and say real estate’s done real well over the last 35 years , but when the hellhave there been lawyers suing to gt dmaages from banks for crappy foreclosures potentially resulting in billions or trillions in damages?
answer: NEVER
how in the hell would anyone in the universe even be qualified to give an opinion on where we are or where we’re going?
no one.
October 13, 2010 at 11:54 PM #618577scaredyclassicParticipantsee i thought we had all agreed that we would beable to spot general upward and downward trends and generally be able to see bottoms in the rearview mirror. i don’t feel that’s the case. We could be dragging along a bottom or we could be in the midst of a massively undeflated bubble. i have no clue. do you? yeah you can pay some realtor to hold your hand and say real estate’s done real well over the last 35 years , but when the hellhave there been lawyers suing to gt dmaages from banks for crappy foreclosures potentially resulting in billions or trillions in damages?
answer: NEVER
how in the hell would anyone in the universe even be qualified to give an opinion on where we are or where we’re going?
no one.
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