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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (291298)11/14/2010 11:13:39 PM
From: Skeeter Bug of 306849
 
except for one problem - the banks don't hold both the notes and the deed, both of which are required to foreclose.

two cases in san diego involve home owners who filed chapter 7 and included their house as unsecured.

the banks contested, the judge asked for the paperwork, the banks didn't have it. i'm not sure if their situations have been completely resolved yet, but the banksters are busy trying to make their crimes retroactively legal via their claw grips in government.

market-ticker.org

market-ticker.org

you are correct - the banksters saw their effort to take credit parabolic wasn't going to last much longer in 2005... and changed the law to better favor them.

until people realize government represents the moneyed elites with claws deep in government... we will get nowhere productive.

the more money you send to government, the more the banksters will steal.

period.
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