Foreclosure Hamlet

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Capt. Jack's Blog – May 2012 Archive (5)

Are Borrowers Parties to Mortgage Backed Securities? Who Cares..it doesn't matter.

They broke the terms of their own contract at the very first opportunity.…

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Added by Capt. Jack on May 31, 2012 at 8:56am — 5 Comments

Borrowers are NOT Parties to Asset Backed Securities. WRONG. Bob the Builder explains why.

In this case, Bob the Builder does not build a better mouse-trap. He does explain how it was built, and who got trapped...

SOURCE -…

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Added by Capt. Jack on May 7, 2012 at 1:32pm — 2 Comments

Who Is Bob Marley?

The dude's a carpenter.…

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Added by Capt. Jack on May 5, 2012 at 10:21am — 11 Comments

Foreclosure Happy Bankers Change Venue For Their Benefit. Federal Judge McConnell Orders Stay On All Foreclosures. Bankers Join Forces. File Appeal.

The banker-men collectively decide to change foreclosure venue to Federal Court, presumably seeking a more favorable outcome for themselves.

Surprise, surprise, Federal Judge John J. McConnell does not roll over and play dead for the Black Hats.

Instead, Judge McConnell Orders all foreclosure cases to STOP. Homeowners AND bankers are ORDERED to bring in their papers. Homeowners are ordered to verify income AND bankers are ordered to provide PROOF they have Standing to foreclose…

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Added by Capt. Jack on May 1, 2012 at 12:30pm — 3 Comments

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