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1: Nov 29, 16:44
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Posts: 153
In response to
"
That's good advice. Also, if you're upside down and are going to lose your house...
"
by
Mop
the congress woman was suggesting that some people might be able to keep their house for free if the bank can't show the contracts to prove it.
Posted by
zeitgeist for dogs (aka zeitgeist)
Jan 29 '09, 21:55
remember the loan got bundled, got divied up, split up, sold a half dozen times to different brokers and bond dealers.
Responses:
Agreed. But... if the documents cannot be found, can it be said that *anyone* owns that house? -- nm
-
Mop
Jan 29, 21:56
1
the county recorder holds records of deeds, that's one of the basic functions of civilization as we know it -- nm
-
zeitgeist for dogs
Jan 29, 21:59
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