Thread: Sadly, it's only a civil proceeding...
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Wayne.B Wayne.B is offline
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First recorded activity by BoatBanter: Jul 2006
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Default Sadly, it's only a civil proceeding...
On Thu, 01 Dec 2011 20:22:25 -0500, wrote:

The problem is not that the people bought the house or that they were
in default, it is only that they are not sure exactly who is actually
holding the paper. The way these loans were consolidate and sold,
there is no real paper trail.

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I think it's shocking, absolutely shocking, that some banks actually
expected borrowers to pay back their loans.

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