10-10-2010, 07:18 PM
Actually Ive been curious about this for some time. I recall reading a story about how to prevent the bank from foreclosing on you, by insisting they provide original documentation of the loans.
What I dont understand, is why it matters. I mean if you stop paying your mortgage....
Of course I dont know that I really understand issue is. BAC has already announced the suspension of foreclosures in 50 states. The other banks major are expected to do the same. But I cant really see this creating a long lasting issue. I mean how can a foreclosure be suspended for ever if the occupant isn't paying the mortgage?
What I dont understand, is why it matters. I mean if you stop paying your mortgage....
Of course I dont know that I really understand issue is. BAC has already announced the suspension of foreclosures in 50 states. The other banks major are expected to do the same. But I cant really see this creating a long lasting issue. I mean how can a foreclosure be suspended for ever if the occupant isn't paying the mortgage?
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
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"If you want to change the world, be that change."
--Gandhi