Banks have no standing to take away a persons home

Discussion in 'Economics' started by nutmeg, Feb 22, 2009.

  1. TGregg

    TGregg

    There you go. She makes money by giving seminars - a lot like these dorks who go around saying you don't have to pay your income tax. If this were genuine and widespread, it would have been front page news. I know I would have heard about it, I'm in the biz. This either isn't widespread, is relatively easy to correct or is complete bullcrap.

    But don't take my word for it. Just stop paying your mortgage, give her a call and see what happens. :D :D :D
     
    #21     Feb 23, 2009
  2. Spoken like one who has a personal interest in freeloaders and deadbeats skating on their obligations. :p
     
    #22     Feb 23, 2009
  3. Talk about stupid statements...
     
    #23     Feb 23, 2009
  4. Exactly!

    Lawyers don't care how creative they have to get to get paid. I wonder how many of these cases will be won. If it's a significant amount, mortgages will be very hard to come by indeed in the future because they will obviously be more risky.
     
    #24     Feb 23, 2009
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    #25     Feb 23, 2009
  6. jem

    jem

    The bigger jerk at the table is Wall street not the homeowner.
     
    #26     Feb 23, 2009
  7. Very true... notice there have been few if any legal repercussions for those who fraudulently obtained loans for example... instead we're going to bail some out.

    If I had my way we'd put the scum who defaulted due to fraud or bad decisions in debtors' prison and make them do the menial work we outsource to China.

    Personal responsibility is an anachronism these days.
     
    #27     Feb 23, 2009