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Foreclosure to Home Free, as 5-Year Clock Expires
The New York Times ^ | 29 March 2015 | Michael Corkery

Posted on 03/30/2015 9:14:54 AM PDT by Theoria

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To: driftdiver

If that is the case I hope she dies in a house fire.


121 posted on 03/31/2015 2:15:30 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Jim from C-Town

lol how Christian of you.

Too bad you don’t feel as strongly for the criminals who created the problem.


122 posted on 03/31/2015 2:19:35 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Jim from C-Town

Nope, the originating lender sold the loan. In most cases it was sold multiple times. It was then packaged with thousands of others without doing the proper paperwork.

Those who had a legitimate interest not only failed to protect their investment but they did it intentionally because it maximized profit on the fraud they were committing. Screw em


123 posted on 03/31/2015 2:21:38 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver
She is a thief. If the banks are thieves I hope they suffer for it, but she signed a contract to pay back a loan with money that was on deposit at a bank from widows, orphans, retired people and anyone else that has a bank account. It is NOT the banks money. It is owned by the banks depositors.

You think it is fine that she steels a home because some bank sold its’ loan to a mortgage servicing company?

You are championing theft.

124 posted on 03/31/2015 2:40:19 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Jim from C-Town

Who should she pay? Someone who doesn’t own the loan?

The banks made this bed and they can sleep in it.


125 posted on 03/31/2015 4:04:45 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver

She knows who she should pay, they have been trying to collect for years.She lawyered up and slowed the process down with the intent to keep from paying for as long as possible.She refused to sign the agreement that she worked out to save her home, at a much reduced rate and principal.

There is no question as to whom the loan is owned to, or who owes the money. It is a matter of paperwork being mishandled.

It may be legal, but it is highly immoral and you seem to think that all the banks investors and customers should have to pay .

The banker doesn’t own the money leant, the depositors and investors do and the future creditors pay higher fees and rates because of thieves like her. They are being robbed and you are cheering the theft.

So if their isn’t a God, Karmic revenge would have her be seriously injured in her stolen home perhaps burnt up there.

After all moral God fearing people, even half way decent people, pay their debts. They don’t hide from their creditors, they don’t dodge them and they don’t use theft by deception and lawyer.


126 posted on 03/31/2015 8:19:43 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: The Cuban
Good. Banks must bear responsibility for sitting on their rights. Lol

So those of us who paid for our homes are supposed to what ... be happy that some jackwagon who probably couldn't afford their house in the first place, now gets a "free" home?

Yeah, that's exactly what's wrong with this country: those of us who play by the rules and pay our bills like we're OBLIGATED TO are simply aghast that these losers are getting a "free home" because they managed to squat in a house so long without paying their mortgage THAT THEY AGREED TO PAY yet failed to do.

Let's continue rewarding bad behavior and punishing good behavior. That's the Obama way!

127 posted on 03/31/2015 8:24:49 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Jim from C-Town

You seem to think the laws don’t apply to banks. Ironic that they think the same thing.


128 posted on 04/01/2015 3:23:30 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: usconservative

Yes let’s allow Banks to get breaks from the law because you think its unfair. Yokay.


129 posted on 04/01/2015 8:01:27 AM PDT by The Cuban
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To: The Cuban
Apparently you think it's ok for people to "forget" to meet their moral obligations to pay their debts! Did anyone stick a gun to their heads to make them buy more house than they could afford, or were they being greedy?

They were being greedy, and that shouldn't be rewarded.

You on the other hand sure look like Obama voter. Sure you're on the right forum? DU is missing their idiot.

130 posted on 04/01/2015 6:01:26 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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