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To: VxH

Do you suppose that they’ll also investigate falsified documentation on the part of the borrower who forged his or her way into a loan that costs much more than they can afford?


12 posted on 12/06/2007 2:13:53 AM PST by meyer (Illegal Immigration - The profits are privatized, the costs are socialized.)
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To: meyer

For your amusement

http://www.mortgagefraudblog.com/


14 posted on 12/06/2007 4:41:06 AM PST by EVO X
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To: meyer
[Do you suppose that they’ll also investigate falsified documentation]
 
Fraud is Fraud.
 
Falsification of documents should be investigated regardless of whether the act was committed by the lender, the borrower, or as the result of collusion between the two.
 
Giving folks a pass by freezing their payments at the teaser rate is certainly NOT a solution for a Republic of Law and Order.
 
I suppose it largely depends on whether or not the LAW dogs have had their teeth removed by the politicians.

17 posted on 12/06/2007 11:39:16 AM PST by VxH (One if by Land, Two if by Sea, and Three if by Wire Transfer)
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