tag:blogger.com,1999:blog-7729881946881068467.post720900407606016445..comments2023-09-24T05:16:23.646-07:00Comments on Parallel Foreclosure: ROBO SIGNING is just the tip of the Foreclosure Fraud Nightmare.Alessandro Machihttp://www.blogger.com/profile/06316327488702524564noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7729881946881068467.post-24238505180242573642011-01-19T19:59:03.581-08:002011-01-19T19:59:03.581-08:00Mr anonymous..here you go again....another blaming...Mr anonymous..here you go again....another blaming the homeowner for the mess, This is the same logic as blaming the passengers of a discount tickets airline for their deaths, if it turn out that the plane had been flown by a bunch of monkeys! This is like saying "Shouldn't they have known they should pay more?<br />In reality the gushing profits of the collateralized debt markets meant that the original lenders had no motive to actually bet the recipients, in short the banks did not care! The banks did everything to entreat consumers to borrow far beyond their means reassuring them in a booming economy they'd be suckers not to buy, buy, buy, but hey blame the passengers!not the plane or the stupid monkeys!ACModSpecialists Inchttps://www.blogger.com/profile/08377808269767646906noreply@blogger.comtag:blogger.com,1999:blog-7729881946881068467.post-37782561569924638442010-12-24T14:01:06.953-08:002010-12-24T14:01:06.953-08:00It would actually be helpful if you had a basic un...It would actually be helpful if you had a basic understanding of the law, which you admit you don't have. Unfortunately, "common sense" has little to do with "common law" so much of what you and others rant about only gives some people the false belief that they can stop paying on their mortgage because of supposed bank fraud. <br /><br />Long story short, if you borrowed money from a bank to buy your house and you stop paying the back you are going to lose your house. <br /><br />And as for "parallel" foreclosures, negotiating a potential forbearance, modification, short sale or whatever while a foreclosure is in process is neither a new phenomenon nor is it in any way illegal.Anonymousnoreply@blogger.com