Exactly. Huge under reported issue going on here. Because of the chaos of the last 2 years banks have lost track of their paper. My sister who is a municipal clerk clued me into this months ago, and there was a story last week on FR how deadbeat homeowners were awarded the home because the bank couldn’t prove the lineage of the note.
If this goes viral a lot of dirtbags are going to be awarded free homes
This is all about allowing deadbeats to remain in homes they couldn’t afford, didn’t intend to make mortgage payments, and scammed the taxpayer with the aid and comfort of Barney Frank, Chris Dodd, and assorted other dem dirtbags.
What makes them dirt bags when their lender sold their loan and the buyer lost the note for the loan? The homeowner didn’t have a say in the matter.
Gosh, that's terrible. Gonna cry myself to sleep tonight about the poor disorganized banks, you betcha.