Posted on 12/03/2010 9:19:18 PM PST by DoctorZIn
Inquiring minds are reading an intriguing and frightening article by Greg Hunter entitled, Foreclosure Bombshell. Mr. Hunter gives the best explanation (yours truly included) of the explosive problem surrounding foreclosures.
The issue centers around the note
namely its location and why that is so important: ...
(Excerpt) Read more at survivingcalifornia.wordpress.com ...
But many of them weren't lost. They were intentionally shredded and banks have admitted this in open court. That means when they filed affidavits of lost notes they committed thousands of counts of perjury.
When do the frog marches start?
It depends on why it was shredded. If a company is closing due to bankruptcy, and a clerk asks what do they do with all those files and his first line supervisor did not want it laying around as people don’t give a damn anymore, he may have instructed the clerk to shred it because he did not want people’s personal data laying around. There are many circumstances where documents are shredded by accident as long as the company did not receive a gov notification to hold the documents for an impending investigation. Short of that you are not going to get much legal mileage out of it other then being scolded by the officials for stupidity and incompetence in the handling of mortgage notes/titles. Worst the company that lost the original paperwork will pay a fine or lose their license, but if the physical existence of the documents and the events surrounding its loss is accounted for the foreclosure process still move forward. Does that mean the homeowner can challenge the banks in the second round, yes, but it will be much harder then the first time when paper work was sloppy and signed by robo signing.
BUMP.
(and welcome to FR) :D
Welcome to Free Republic! Nice blog!
It’s so nice to “see” you, doc! ;o)
“There are Freepers here that can’t enjoy anything.”
Oh, really? I hadn’t noticed. lol
Ummmmm...nope.
DoctorZIn linked his blog. He thought it was worthy, and after actually clicking on the link, so do I.
Sheesh...what a drama queen.
You got a big mouth for a noob. FR is here for people to post their opinions, not links to their opinions. For example, over the years I have written several lengthy opinion pieces and posted them here as “vanities”, and some have received several thousand “views” and hundreds of replies. That is way more than most rogue bloggers get in a month.
Who needs a personal blog when there is a huge one available to them right here?
FRegards,
LH
I agree, so I’m posting my standard IB4TZ post.
___________________________________________________________________
Sung to the tune of Oh! Susanna, dont you cry for me.
.... Oh, no Bama, please dont lie to me... for Im off to Free Republic with a laptop on my knee.
I come from Minnesota with my laptop on my knee; | Im goin to Free Republic my true love for to see. | It rained all night the day you left, | the weather it was dry; | The sun so hot you froze to death, | Obama dont you lie. | | Oh! No Bama, dont you lie to me; | I come from Minnesota, with my laptop on my knee.
I had a dream the other night, | When everything was still; | I thought I saw Obama dear, | A-coming for The Hill. | The smearing lie was in Duluth, | The croc tear in his eye, | Said I, Im coming for the truth | Obama dont you lie. | | Oh! No Bama, dont you lie to me; | Im off to Free Republic, | with my laptop on my knee.
I fight in my pajamas, | Its plain for all to see. | I aim to be the next Buckhead; | The media all hate me. | I fell in love with Sarah | When my sister bit a moose. | The Guvnors family ate it up | And then they set it loose. | | Oh! No Bama, dont you lie to me; | Im off to Free Republic, | with my laptop on my knee.
She loves her sons, she likes her guns, | and Triggernometry. | The media will jump the shark | When she makes history. | Well, JimRob knows shell pave the trolls | So controversially, | And Berg will knock Obama down | With friends of Hillary. | | Oh! No Bama, dont you lie to me; | Im off to Free Republic with a laptop on my knee.
I soon will be in Hawaii, | And then Ill look all round, | And when I find his birth record, | Ill fall upon the ground. | But if I do not find it, | This Freeperll surely die, | And when Im dead and buried, | Obama dont you lie. | | Oh! No Bama, dont you cry for me; | Im off to Free Republic with a laptop on my knee.
http://www.freerepublic.com/focus/chat/2073903/posts?page=30#30
Interesting! thanks for adding me FRiend. As opposed to some here, I enjoy & appreciate blogs.
You joined almost eight years ago and still can't figure out who linked to the blog? (hint, it wasn't survivingcalifornia)
I agree. Besides, FR has a section for blogs on the front page. I never understood why some FReepers complain so much. Blogging is where we can actually get some news without FR being sued. Be grateful we have this site to get some exposure for folks writing that aren’t connected to the MSM.
thanks for the supportive comments.
Thanks so much.
Okay, I love the term but what does “blog pimping pictures” mean?
I gots to know!
Dude! I’m a newbie for sure but don’t get so heated so fast. I didn’t post my blog. My friend did. And he has been here for several years.
So do you think I should I tell him to erase it? Yeah, no way...
I have actually run into that! I am not sure that they were an “original” owner but they had paid off their mortgage and the note couldn’t be found.
This is an unbelievable problem that is going to be with us for years.
Thanks. I am just looking forward to finding my way around here. My friend thought he was doing me a favor. He has been my biggest cheerleader. In fact, he was the one who kept telling me to start my blog. And then, he finally went in and ‘flipped’ the switch to make it public because he knew that I never would flip it myself because I would always want to get something a little better.
They all have had their share of screw-ups. I rmember reading of a case in NY last year (I think) and a judge got so pissed with BofA or Wells that he slammed his gavel down and declared the house to be the owners. The bank had missed something like 5 straight court appointments and then the bank representative was caught lying by the judge on more than one issue. Meanwhile, the family was made up of both parents being invalids and their daughter who was taking care of them. It was one of the few moments in this crisis where I cheered a judicial decision.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.