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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (9193)	11/9/2010 1:01:19 PM
From: RealMuLan	Read Replies (1) \| Respond to of 12464

OT: Here is a post from a current defaulter " by Fearless Rick on Tue, 11/09/2010 - 12:21 #712141 Tea Party = Game Change. Newly-elected Senator Mike Lee of Utah said unequivocally that he would vote against raising the debt ceiling. Rand Paul wants to cut all federal employee pay by 10%. Lee also said he will introduce a constitutional balanced budget amendment. Bernanke's QE2 being attacked from all sides, including from inside the Fed. Anecdotally, my personal fraudclosure is now at a 7-month (since filed) standstill. Since the moratorium by BofA (I'm in NY), I've received two mailings - one from the lawyers informing me of the possibility of a "cash for keys" deed in lieu deal, and another from the servicer trying to scare me with mentions of all the various fees associated with not paying my (inherited, I'm executor) mortgage. Let's see: Offer for cash in exchange for house? No deal. Scaring me with charges? Laughable. My question, if you have the right to foreclose, why not move for summary judgement instead of the offers and fright letters? Simple answer: They don't. I have proof and they know it. MERS as nominee on mortgage, robosigned assignment doc, complete with three different dates, 1 1/2 years apart, sued by BAC, AKA Countrywide. They're Fu--ED from here to Sunday and I haven't even had to invoke my rights of recision, violations of TILA and/or RESPA, faulty (and, to this date, non-existent), inflated appraisal. Fraudclosure is far from over and there will be no political fix. The banks are fighting tooth and nail and will opt to take the whole economy down rather than reduce principal or admit wrongdoing. Please try and keep up. " zerohedge.com