We are protesting a national organization of non-elected attorneys drafting state law proposals, specifically “Home Foreclosure Procedures Act.” The Committee of non-elected attorneys selected to write this anti-consumer legislation is riddled with 75% bank and bank services attorneys from across the country. Join This Action! Click HERE.
When all is said and done the courts come back to the main premise, “Did you pay?”. That is so injudicious on so many levels. The deeper we get into securitization and contract law we soon realize (after dissection) there is one very basic question being ignored – “Is the Promissory Note even enforceable?”
Sheila Bair’s (former FDIC Chairperson) new book, Bull By the Horns, addresses issues that must be taken into careful consideration when considering the validity of foreclosures – and she does it with impressive candor. Sheila separates the MBS into 2 categories: Continue reading