Someone owns the title to this property. This guy just swoops in there and sets up camp, and claims its his? Thats just wrong.
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Yet that is exactly what is happening with all the foreclosures where the mortgages have been extinguished by conversion to certificates and the “bank” has been paid for the certs , the bank has been paid on default insurance , the bank has been paid many times on something it no longer has ANY claim to ...
???? I am sorry, I have no idea what you are talking about.
The bank owns the title to the property until its purchased from them or awarded to another entity by a judge in the case of the bank going out of business.