[Jim Robinson]

This is part of a vast left-wing (corrupt democrat) conspiracy to defraud the taxpayers. Just another Marxist wealth redistribution scheme.

[reg45]

Tony and Vinnie can make the collections.

[Neidermeyer]

This is part of a vast left-wing (corrupt democrat) conspiracy to defraud the taxpayers. Just another Marxist wealth redistribution scheme.
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If these were government sponsored or owned loans that would be true ,, these loans are (supposedly) owned by a private company , however they have been sold and resold with no actual bill of sale for the note being purchased , the supposed owner cannot show ownership... but they likely will collect on 95% of the loans anyway as they will get default judgements in court ... The flipside is that if they cannot prove ownership and still get a judgement against the supposed borrower they are open to lawsuits for wrongful this and that.. basically FRAUD suits and with their track record they will pay out millions on each suit that is later challenged.

[bigdaddy45]

No, it’s about banks and other lenders being sloppy, and transferring loans around with poor record keeping. These are private loans.