Once the NOTE is NOT transferred, recorded, and the mortgage is sold to one or MORE buyers via Mortgage Backed Securities in tranches of billions of dollars of now un-secured mortgages (Fraud, as no notes, titles were transferred), the property cannot be legally foreclosed upon, OR SOLD again either as there is no legal transfer of ownership available without the original note. Buyers have paid cash for foreclosed homes and later been foreclosed on themselves by multiple other buyers of the original notes attempting to get their money back....the mortgage crisis is one big, centralized fraud.
It seems as the properties without note transfers are actually, now, NON PROPERTY, not able to be bought or sold with legal credentials, and can, in the future simply be vacuumed up by centralized govt. for social justice REDISTRIBUTION (is that what Fannie and Freddie are now?...laundering operations for invalid note properties?) The US govt cannot follow-through with a redistribution scheme without first gaining authority of the property. Is that what is going on? The Bolsheviks redistributed property at the point of a gun, and the toxic subprime mortgages, now noteless non-properties, may be accomplishing the same thing without firing a shot.
Strange how quiet the ‘DEAD BEAT BEATERS’ have become on these post on the Foreclosure Fraud and the illegal activities of the banks and their lawyers. I thought they had it worked out to were they were no problems?