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In response to
"This is an interesting article on stopping paying your mortgage; -- (link)"
by
Loyola
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Somehow I don't think that problem is going to get solved in a way that favors the people over Wall Street
Posted by
stewie (aka whysoserious)
Oct 10 '10, 12:36
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If no one could foreclose because the mortgage has no owner, then those mortgage backed securities that have been sold would be worthless. That's a lot of rich people's money... and a special interest that never loses.
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