Comments on: Bloomberg Must Read | Faulty Foreclosure May Mean Massachusetts Buyer Isn’t Owner

By: Truckbomb

Truckbomb — Sun, 23 Jan 2011 04:58:02 +0000

In reply to Stupendous Man – Defender of Liberty – Foe of Tyranny.

There are no jurisdictions that require that one wear a condom. Just like in recording notes, heed not at your peril.

By: 3032oak

3032oak — Sat, 22 Jan 2011 17:05:55 +0000

This had been a long time coming and it is great to see that Massachusetts courts are holding ‘pretender lenders’ accountable. It is just unfortunate that unsuspecting and innocent home-buyers got caught up in this web of deceit. The title companies that quaranteed these titles were ‘clean’ should be held accountable too…they should make good on their promise and clean up the title mess by paying either the former homeowner or the new after foreclosure homeowner $$$ for the trouble a ‘clouded title’ brings.

By: Millie

Millie — Sat, 22 Jan 2011 15:35:45 +0000

Is it likely that the “lien theory” in CA will be positively affected by the MA cases, which MA is a “title theory” state?

~Millie~ (ask Lisa at Foreclosure Hamlet about my case)

By: Stupendous Man - Defender of Liberty - Foe of Tyranny

Stupendous Man - Defender of Liberty - Foe of Tyranny — Sat, 22 Jan 2011 01:41:48 +0000

In reply to l vent. I am not aware of any jurisdiction that statutorily requires notes to be recorded.

By: Marla

Marla — Fri, 21 Jan 2011 20:32:08 +0000

It totally blows my mind that someone would even consider buying a foreclosed home today. OMG you would have to be walking around with blinders on or do not listen to the news or just plain stupid. There is a f/c home that has been on the market for 2 years. I would stop by that house an attach a flyers warning that the house was a f/c home so beware. For some odd reason those flyers always came down. Hmmmm. Last summer or early fall as I was driving by I saw two people looking around outside. I decided to turn in and snoop. I asked them if they are buying the property. They didn’t know for sure. I asked them if they checked with the County records to see if the title was clear. They had this blank look on their face. They assumed that “the bank took care of that” was their words. They did not think for one minute that foreclosures could be illegal. The usual, ” well they didn’t pay on the loan”. They had no idea. Just then a realtor came driving up and I was told to leave. While I was leaving I said, ” You better educate yourselves. Check to see of the title is clear before you even think about putting down an offer.” Last month I noticed that there was a sale pending. Whoever is buying that home, I wish them luck.

By: pparke500

pparke500 — Fri, 21 Jan 2011 18:57:22 +0000

I tried to explain this result to a guy who stopped me to ask about a foreclosed property on my street. I advised him to make sure there was not a blighted title. He basically refused to believe that the court would give the property back to the original owner. Men. They think they know everything. I am gratified to see this suit and I hope the court gives the property back to Pablo and creates a precedent.

By: l vent

l vent — Fri, 21 Jan 2011 15:55:06 +0000

How could any bank have the right to FRAUDCLOSE on anybody when NO NOTES WERE EVER RECORDED? Any “BANK” can come up with a note and say they own it with some FORGERY or ROBSIGNING fraud.