To: bpjam
This is a clerical matter and not some matter of law. Its like showing up with a lawsuit in which nobody signed the last page attesting that it was written by them. Just sloppiness. This is a deadly serious problem because it means that the financial skull-duggery of selling CDOs was fraudulent. If the CDO does not own the deed of trust, then there is no "C" in the CDO.
To: AndyJackson
The same C can and has been used as collateral in multiple Pools... trust me this happens.. and while I’m sure those doing it will claim it was done by “clerical error”.. These are not isolated incidents and Greed played a role in more than a few of them.
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