View Single Post
  #4   Report Post  
posted to rec.boats
Canuck57[_9_] Canuck57[_9_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Sadly, it's only a civil proceeding...

On 01/12/2011 7:48 PM, Wayne.B wrote:
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.


===

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


What should shock you more is how many don't have have honor, integrity
to pay their bills and are so far in debt, they can't get ahead.

Cant build a nation on unpaid debts and bull****.
--
All successful people have one thing in common, if even for a moment
they think rationally.