In the old days (I sound like my mother now who would have been 100 next year), we didn’t need pre-stamped blank indorsements on notes. If a note and mortgage were sold the seller would indicate the sale to the buyer by signature and the buyer would record the transaction (if he were smart) in the land records office.

Think about it, when you sell a car you transfer the title – it all gets legally recorded in order to issue registrations, and of course taxes. That is by state law… And if it’s not recorded properly and the new owner has an accident, leaves the car on the side of the road, guess who is liable…? Why should property be allowed to float?! It’s about time the judiciary started to grasp the misappropriation of property. Just some of my thoughts, Sydney.