- Joined
- Sep 13, 2007
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- I love your hate.
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- Libertarian
your anger is misplaced
no one, especially not the Occupy folks, are saying that you should not be expected to pay your mortgage
what is being said is that government should quit letting the mortgage lender take shortcuts to commence foreclosure
when the lender can evidence default, and the documents required to prove the lender is entitled to sell the underlying collateral at foreclosure sale, then the lender can and should proceed
what should not happen is to allow some lender to sell your property thru foreclosure where that lender is unable to establish before the court, consistent with the Note and mortgage documents, that it possesses the Note and assignment of interest documents proving that bank is entitled to recover against the collateral
prudent lending requires mortgagees to have such documentation present in the event legal action must be taken against the mortgagor
but allowing robo documents to be used before the court, fraudulently "proving" the lender is the legitimate party to proceed with foreclosure sale is something which should not be allowed to happen. the lender should not be allowed to fabricate its "evidence"
that is Occupy's objection. seems more than reasonable
you owe 100 bucks for your weed. you paid 30. you smoked all your weed, you still owe 70..... did you smoke your weed or your dealers weed?