1 Nov 2010 04:00
Re: [gsc] MBS's; fraudulent misrep (at last)
This is plain wrong IMHO Patrick. To call this 'gross negligence' is a travesty on the English language. These people knew EXACTLY what they were doing, exactly WHY they were doing it, and went ahead and did it anyway. This is not a description of gross negligence, but criminal conspiracy. And there is only one place thieves belong. Best, PP --- On Tue, 10/19/10, Patrick Chkoreff <patrick@...> wrote: > From: Patrick Chkoreff <patrick@...> > Subject: Re: [gsc] MBS's; fraudulent misrep (at last) > To: gold-silver-crypto@... > Date: Tuesday, October 19, 2010, 7:51 AM > http://globalguerrillas.typepad.com/globalguerrillas/2010/10/the-mortgage-fiasco-in-simple-terms.html > > > "Thing is, this isn't a paperwork error. It's gross > negligence, on the > bank's part, that materially altered the relationship > between you and > the new owner of the loan. Once the collateral was > removed from the > loan, it can't be reattached. Your home's title can't > be attached to a > loan willy nilly and without your consent. To do > otherwise is theft, > and that's exactly what every lawyer from here to Timbuktu > will be arguing."(Continue reading)
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