Things are going down the toilet at warp speed, November can’t get here soon enough.
“Things are going down the toilet at warp speed, November can’t get here soon enough.”
Sorry, Charlie, a Republican Congress (assuming such a thing comes about) is not going to have a quick fix for this problem.
It would be nice to see comments from a former General Counsel of a large title company. Exactly what are title companies likely to require before insuring title to properties that have passed through foreclosure?
Deficiencies in recorded chains of title can be fixed with curative paperwork if everyone in the chain of title will execute the required documents (at least that’s true in Texas). If previous owners of mortgages no longer exist or if their managers cannot determine for certain that they previously owned the mortgages (and so refuse to sign anything), then you gotta problemo Cochise. Otherwise, rack ‘em up and play pool.
I have hard and unpleasant news for those who think that a GOP congress would do something about this:
They won’t.
The GOP leadership is completely in the pockets of the banks. The GOP leadership is either gullible enough, or stupid enough, to believe (at face value) everything the banks say.