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Uhoh......torpedo hit below the water line on the banksters.

Speaking of leaks where's wiki?

1 posted on 01/07/2011 2:38:20 PM PST by ninonitti
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To: ninonitti
Well, if you want a judge to hand someone’s house over to you, it's not asking too much to see the paperwork that says you're entitled to it.
2 posted on 01/07/2011 2:44:05 PM PST by colorado tanker
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To: ninonitti

Let’s see how the federal government comes to the rescue of their banster masters.

I’m sure, there’s some sort of interstate commerce ramifications to selling, buying, and foreclosing on real estate.

Won’t someone protect the banks? Please, save the banksters, someone!

It’s not fraud when bankers do it!


4 posted on 01/07/2011 2:50:08 PM PST by MichiganConservative (Terrorists don't commit genocide. That's what governments do.)
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To: ninonitti
Massachusetts' highest court voided the seizure of two homes by Wells Fargo & Co and US Bancorp after the banks failed to show they held the mortgages

This ruling I can agree with. I don't need a bank/mortgage company attempting to seize my house when they can't prove they're the mortgage holder. Especially since it's already paid off.

7 posted on 01/07/2011 2:55:19 PM PST by Traveler59 (Truth is a journey, not a destination.)
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To: ninonitti

Yeah, you know, you have to hold the bill.

Debts and contracts aren’t a farce, they are real things with real consequences.


8 posted on 01/07/2011 2:57:18 PM PST by Persevero (Homeschooling for Excellence since 1992)
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To: ninonitti

Didn’t a lot of insurance companies, state pension funds, union pension funds and big-shot overseas investors buy these wonderful MBS packages? Sucks to be them if these MBS tranches are full of nebulous unrecoverable crap.

Batten down the hatches, this doesn’t end well.


11 posted on 01/07/2011 3:02:41 PM PST by SnuffaBolshevik
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To: ninonitti

later


12 posted on 01/07/2011 3:04:51 PM PST by BlackElk (Dean of Discipline, Tomas de Torquemada Gentlemen's Club: Burn 'em Bright!!!)
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To: FromLori; blam

omg *ping* ~who~ owns america’s homes????


14 posted on 01/07/2011 3:12:40 PM PST by hennie pennie
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To: ninonitti

This ruling will create utter chaos. The court made this retroactive. This means that if you are living in a house bought a foreclosure sale, the former deadbeat owner can come back and sue YOU for foreclosure!


27 posted on 01/07/2011 4:49:06 PM PST by Jim 726
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