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Posted 25 July 2012 - 05:56 AM
Posted 25 July 2012 - 06:00 AM
"Dream as if you'll live forever, Live as if you'll Die Tomorrow"
Posted 25 July 2012 - 06:00 AM
Posted 25 July 2012 - 12:27 PM
Posted 26 July 2012 - 09:58 PM
Your point is well -taken, Rock. However, it begs the issue as to my point. The foundational egregiousness of the Mortgage-Backed Securities is: there was not disclosure about the fact that the "debtors'" signatures were going to be used to back a security instrument, then sold, thru MERS, and the like. That system was a fraud, because the banks had no skin in the game, then profited by securitizing the "debtors'" signatures.
I know this sounds cruel. Especially if you have or know someone that has been forclosed on.. But we have people who cannot OR choose not to meet their financial obligations.. So a housing unit becomes vacant and the lender needs to return it to an income producing state.. These firms buy them from the banks and turn them into rentals , which solves the other side of the housing problem.. They fund the process by selling thes bonds.. I am involved in a local business doing just that.. So dont think it is a bad thing. If you had a nice home but tha homes on both sides vacant and not cared for you would be happy to have someone fix them up and bring in new neighbors to keep them from becomming (sic) vandal bait.
Posted 26 July 2012 - 11:56 PM
Edited by Maggie123, 27 July 2012 - 12:01 AM.
Posted 27 July 2012 - 01:15 PM
Posted 27 July 2012 - 07:48 PM
Edited by Maggie123, 27 July 2012 - 07:51 PM.
Posted 27 July 2012 - 08:24 PM
Posted 27 July 2012 - 09:29 PM
Posted 28 July 2012 - 05:35 AM
Posted 28 July 2012 - 05:30 PM
I do not know where this "securitizing" leastor signatures came about , but it is not true.. it's a normal lease and the leasor is not obligated in any other way... The signature has no value other than to support the lease.. We do a credit check and background check and consider that info confidential. Been doing this for 4 years and to date only had to remove one tennant....
Posted 28 July 2012 - 11:40 PM
Posted 30 July 2012 - 04:53 AM
Jaguar, I don't know who you are, nor do I know where you have learned what you have learned, but wherever you learned it, you are definitely an A+ student. I feel sorry for those who will never take the time to figure it out. The truth is all over the place, yet most people continue to live in denial about the extent of the fraud that has been perpetrated thru the "debtor=money" ruse. You, also, Jaguar, and I will reiterate my correspondence with Maggie, ... people like you and Maggie give me hope that perhaps the people shall be awakened. All we can do is the best that we can do to spread the truth to the people. Thank you for your comment.
Posted 04 August 2012 - 03:54 AM
Posted 04 August 2012 - 06:05 PM
My neighbor... I called him to tell him I had an article to give him. Um... nope, he did not know about this.
He did tell me that he had been through some trama about the door locks.
It seems the property management sector had changed the locks, while the sales sector changed the locks back on them. The police were called.
Tom, my neighbor introduced my new neighbors to each other. Fannie meet Fannie.
Isn't that special?
PS. He writes for a national news paper.
Posted 04 August 2012 - 06:57 PM
Posted 04 August 2012 - 09:22 PM
I'll keep you updated Sparta, as it unfolds. As The Word Turns... "The Day's Of Fannie Mae."
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