Yes there are plenty of ‘DEAD BEATS’ that will more than likely end up with houses that they should have, but what seems that so many are missing is that this is a matter of well established standing real estate law!
Clearly what has been done by the Mortgage lenders during their securitization of mortgages and their wholesale breaking of state's real estate laws is so monumentally stupid and is on such a grand scale that people have a difficult time grasping it. Institutions which for years and years where relied upon for their strict adherence to real estate law and procedure have throw most such compliance to the wind. And now when they find themselves in need of using that same system, they are finding that because of their own actions they now can not provide the proper and legal proofs required by that system. Is it to much for a judge to ask before handing over someone house is to ask that legally required proof of the lien be produced? Really is that to much to ask? I think not. Morally yes the people need to get out, but the judge can only order transfer of the property to who ever owns and produces the note, so he can not order the people out.
The kicker here is so many a screaming about the ‘DEAD BEATS’ and their breaching of a civil contract, but little is being said by those screaming the loudest about the ‘DEAD BEATS’ about the mortgage lenders reaction when they realized that they had lost their legal proofs, that reaction was for them and their attorneys to try and force foreclosures by presenting in court fraudulent, forged and postdated documents, perjured statements and affirmations, in other words multiple felonies! Here again all preformed on a scale that many will find unchomperhensable.
A Republic lives only as long as the rule of law is recognized and adhered to. If we allow for those that we feel have committed some wrong to be punished by disallowing them their legal rights and protections granted to them by law then history shows us that in the end we all loose those rights and those protection and the Republic dies.
What? We can’t have ‘living law’? But, but who can know what those old men meant when they wrote a year ago, or ten years, or two hundred years? We need to ‘interpret’ the law from day to day as ‘social conditions evolve’!
/sarcasm