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There's just nothing quite like capitalism
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Reginald P. Smithers III[_9_]
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First recorded activity by BoatBanter: Dec 2007
Posts: 1,435
There's just nothing quite like capitalism
Wayne.B wrote:
On Thu, 31 Jan 2008 11:31:58 -0500,
wrote:
I think that once that story gets around that part of the mortgage
problem will self regulate. Fund investors will demand more
accountability about where their money is going.
My son the lawyer says it is already happening. Meanwhile proving
actual ownership is a very big issue for those who were sloppy with
their paper work.
The FBI is investigating some of the originators and builders (I think
it is 1500)who lied on the loan app.
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