What about the “larger societal” implications of allowing the banks to get away with committing crimes and destroying property ownership laws?
Is that significant?
There is no “property ownership” until the mortgage is paid in full. Somehow, the debate has been shifted to the point that occupation of property equals equity.
Ain’t so.
99 and 44/100 percent of these issues would be headed off if the borrower merely adheres to the terms of the contract. That is to say if you pay your debts, there are no problems.
that is an excellent point.