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To: Bluebeard16
I always thought that it was embezzlement to sell something that does not exist, How is it that these loans, that have not been paid off (so the assets dont yet exist) be sold ?

The bastards at Bof A say my mortgage was originated by Ginny Mae, so they cant give me the "Streamline Refinance" because it is not fannie/freddie, even though I have made every payment on time they say "go to hell and keep paying" even though I am strugglinhg to pay, they would just LOVE to foreclose in a new york minute and take the house for pennies on the dollar

54 posted on 10/18/2010 8:38:31 PM PDT by KTM rider ( Liberty is hijacked by the wealthy elite, US political system is their mercenary force)
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To: KTM rider

I admit upfront that I am ignorant when it comes to economics. However, I’m thinking out loud here, if we are sick of banks running this country, isn’t there something we could do? Pull our money out of the banks to send a message? I admit I don’t know what to do.But we have GOT to stop this thievery by the congress and the banks. Its up to us!


60 posted on 10/18/2010 11:13:27 PM PDT by Lil Flower (Confucius says: Wise man never play leap frog with unicorn.)
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