............easy fix, you just reverse the transaction and let the proper assignor handle the foreclosure, except now the home owner owes all of the attorney legal fees as well.
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What homeowner , knowing that the banks have absolutely no enforcement authority and that they can live unemcumbered in the house FOREVER , will sign new loan docs to cure the banks fraud and encumber themselves?
except now the home owner owes all of the attorney legal fees as well
Not the ones stemming from the paperwork mess caused by the banks and investors. Then we still have to deal with the fraud and tax evasion by the banks that violated state laws.