Uncategorized

A BIT MORE ON US Mortgage Fraud ( By the Banks not the borrowers)

Naked Capitalism Link

This link refers to cases where syndicated mortgages have not been properly conveyed in the US
I am looking for instances in the UK where I am suspicious that similar misdeeds abound.

These improper syndicated Mortgage pools are driving the Foreclosure( repossession) Agenda and the longer term sensible work out of short term problems for borrowers cut  loose in a Mortgage Desert of the the banks own design is adding insult to injury. The actions of the Banks in saving themselves are being placed above the Law and there is little protection if any by government of the ordinary Borrower \ tax payer.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s