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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ajtj99 who wrote (71449)11/20/2007 7:30:22 PM
From: rich evans  Read Replies (1) of 116555
 
I think this is a bad analysis. The notice of foreclosure commences the foreclosure process. The Judge is saying that at that time someone else held the paper. OK. Just stop the foreclosure process by filing another notice. Then start it all over again by the new holder of the paper. Frankly you should be able to assign your loan/mortgage at any time. What is this doing in Fed Court anyway? These laws vary by state and are usually a state court proceeding.
Rich
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