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To: whitedog57

“Robo-signing is a victimless event.”

No, it is not. Robo-signing has resulted in numerous false and wrongful foreclosure seizures of homes that were not in default and in some cases, like in Naples FL, the home was owned free and clear. Robo-signing also violates the Notary laws of several states that require such papers to be notarized to prove the identity of the person signing the documents, and how do you do that when the signer is a machine?

While I generally do not care for liberal legislation the banks had this coming to them. After trillions of dollars in bailouts and debt forgiveness from the taxpayers they turn around and persecute the people who owe them money?

If the bankers had acted like Christians and treated people the same way THEY wanted to be treated then this would not have happened.

Matthew 18:21-35

New International Version (NIV)

The Parable of the Unmerciful Servant

21 Then Peter came to Jesus and asked, “Lord, how many times shall I forgive my brother or sister who sins against me? Up to seven times?”

22 Jesus answered, “I tell you, not seven times, but seventy-seven times.[a]

23 “Therefore, the kingdom of heaven is like a king who wanted to settle accounts with his servants. 24 As he began the settlement, a man who owed him ten thousand bags of gold[b] was brought to him. 25 Since he was not able to pay, the master ordered that he and his wife and his children and all that he had be sold to repay the debt.

26 “At this the servant fell on his knees before him. ‘Be patient with me,’ he begged, ‘and I will pay back everything.’ 27 The servant’s master took pity on him, canceled the debt and let him go.

28 “But when that servant went out, he found one of his fellow servants who owed him a hundred silver coins.[c] He grabbed him and began to choke him. ‘Pay back what you owe me!’ he demanded.

29 “His fellow servant fell to his knees and begged him, ‘Be patient with me, and I will pay it back.’

30 “But he refused. Instead, he went off and had the man thrown into prison until he could pay the debt. 31 When the other servants saw what had happened, they were outraged and went and told their master everything that had happened.

32 “Then the master called the servant in. ‘You wicked servant,’ he said, ‘I canceled all that debt of yours because you begged me to. 33 Shouldn’t you have had mercy on your fellow servant just as I had on you?’ 34 In anger his master handed him over to the jailers to be tortured, until he should pay back all he owed.

35 “This is how my heavenly Father will treat each of you unless you forgive your brother or sister from your heart.”


5 posted on 07/03/2012 9:15:43 AM PDT by MeganC (No way in Hell am I voting for Mitt Romney. Not now, not ever. Deal with it.)
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To: MeganC
While I agree Robo signing may resulted in some false or wrongful foreclosures, those events were very small compared to the number of people who were defaulting on their loans. I would also state that many of those people were taking advantage of the situation when the banks or the feds made them stop foreclosure proceedings. I know people who lived in their homes for over 2 years without paying their mortgage and then let the bank pay them to move out. Don't you think the people that took on these mortgages share a large responsibility for this fiasco too?
I don't have a problem with prohibiting Robo signing, but stricter laws on banks will ultimately hurt everyone by not being able to get a loan or pay higher fees if you can get one.
7 posted on 07/03/2012 9:56:15 AM PDT by martinidon
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