Thank you, I find it quite profound that you ask who is owed.

Just an opinion, but for a long time not just on mortgages but in general – we are all just told we owe – but often cannot get documentation.

This is for example quite stressful when one is grieving for a deceased account owner, and alleged creditors move the debt onto the grieving.

But they refuse paperwork or proof in any form. And they can behave very harshly.

That is what bothers me. Who has the title (note) to my home?
How can I be assured I’m paying who I really owe?

Noone can answer that, everyone want to be paid, but who is really owed, and in lawyer terms, who has STANDING?

It is the plantiff (mortgage Company) that must provide that proof (original note), not me or any homeowner, Heck, we do not have the note!!!.

Well said and though some do live in their cars alas – more often people live in houses called and experienced as: homes.

And shelter is a very basic need and in some aspects a right (of course rights imply duties as well) and this itself places a high degree of duty of care, at the outset, on those who can disrupt a home.

We haven’t heard that much about what its like to lose a home, or live in fear of losing a home – its so far mainly housing talk, but as Frank notes the conversation soon may broaden.

With best wishes to the forum.

Frank, I’d like to talk to you further.

Sopricon@aol.com

John,
The difference is that your bank that loaned money on your car didnt come back to you a year later and say “Hey John, we want to refinance your car for you. And, we’ll give you 25% more than it’s worth, and lower your payment” Banks do have culpability here, as they over valued housing while not being too careful explaining the payback. They also would have had to give the title to another bank if they sold the loan. That does happen. Not with your house under mers. It may become something way bigger than it is today. Just wait til the new year. Will come back like a firestorm, imho
Frank

From your keyboard to the powers that be !
Manysmiles to your post.

That is – there should be time before resumption of foreclosure tilings to take a better look at issues of validity in the mortgages themselves – lest we forget that facially improved documentation is basically procedural whereas there also lurk major substantive issues of predatory loaning practices and even more neutral mistake and lack of meeting of minds along with or independent of fair dealing..

Think that merits reviews will take place? All input welcome.