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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: posthumousone who wrote (95594)	7/12/2008 1:17:09 PM
From: Ken98	Respond to of 110194

You surely are not serious, are you? That is not the law and the FDIC as receiver of the bank will be happy to levy on your assets if you fail to pay.

To: posthumousone who wrote (95594)	7/12/2008 3:04:21 PM
From: benwood	Read Replies (1) \| Respond to of 110194

The bank failing will not cause the deed of trust to vanish. You'll have to settle that in order to sell your property one day, if you haven't been foreclosed and evicted that is. Exactly how is a Fed takeover different than say any other bank taking them over, except for the idiots who had deposits greater than 100k ($1 billion worth, I heard on the radio this AM, who would get 50 cents on the dollar).

To: posthumousone who wrote (95594)	7/12/2008 6:01:31 PM
From: patron_anejo_por_favor	Respond to of 110194

LOL, I guess that's yet another reason we'll see foreclosures soar in the next 6-12 months....<G>

To: posthumousone who wrote (95594)	7/13/2008 3:52:06 PM
From: Jim McMannis	Respond to of 110194

where's that BB? I gotta read that.