PAY YOUR MORTGAGE OR MOVE OUT INTO THE STREET!!!!!!!!!!!!!!!!!!!!
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To whom should I pay when the actual investor with an insurable interest in the note will not come foreward? (they don’t come foreward because the way they avoided paying recording fees(taxes) with nominees such as MERS bifurcated the mortgage and the note nullifying the note or leaving them with a note with no security)... They screwed up by trying to be too cute with the paperwork...
But...wouldn’t that mean.....the very same note could be sold multiple times?
Gasp!
And wouldn’t that be immoral, to say the least, for a “lender” (plagued with millions of innocent clerical mistakes) to sell the same note over and over again.
What the heck would happen if all the notes that have been sold over and over again were also insured over and over again....and then the insurance company says they don’t have enough money?
Do yo think that’s in the fine print in my closing docs somewhere and I just failed to see it?