“The major investment banks didn’t do the right thing, and they haven’t made up for it yet. They blew up this country and yet now they’re making more money than ever. Explain that to me.”
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Foreclosure Crisis: Common Ground Between Investors and Homeowners
Talcott Franklin wants homeowners in distress to know they have more in common with the big institutional investors who hold their mortgages than they might imagine.
Both would benefit if the servicers who act as middlemen offered loan modifications, even forgiving principal, rather than foreclose.
And both would like to see the banks that created explosive mortgage-backed securities take more responsibility for their role in the housing collapse.
Franklin, a Dallas lawyer, represents a growing number of investors who are pushing for those goals.
In the past, these investors would have had little recourse. They didn’t own enough of the securitized package — the huge bundles of home loans they invested in — to push for payback. They also had no way to identify their co-investors. But last year Franklin, an expert in securitization and former partner at Patton Boggs, made this pitch: Hire me to pursue your collective interests.
Check out the rest here…
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Sorry I will not accept a loan mod or a principle mod. I was set up to fail and defrauded because of unfair and deceptive practices by foreign financial terrorists posing as American Institutions and they were aided and abetted by American treasonists. RESCIND MY LOAN. I owe no allegiance to the U.N./ NEW WORLD ORDER. I am under the protection of the U.S. CONSTITUTON AND THE U.S. BILL OF RIGHTS. I OWE MY ALLEGIANCE TO AMERICA. These criminals are IMPOSTERS POSING AS AMERICAN CORPORATIONS AND AMERICAN CITIZENS. THEY ARE NOT, THEY ARE LIARS. THEY WANT TO DESTROY AMERICA AND USURP IT. I WILL NOT AID THEM IN DESTROYING MY COUNTRY. GOD BLESS AMERICA. THIS IS NOT ABOUT A FREE HO– USE, THIS IS ABOUT LIBERTY AND JUSTICE FOR ALL.
WE THE PEOPLE arenot drinking the kool-aid. RESCIND OUR LOANS.
These financial terrorists are A/K/A the VATICAN ASSASSINS. THE U.N./NEW WORLD ORDER. Do not be fooled by the many disguises they wear to hide who they really are. They have corrupted America and are well hidden behind the scenes of the BIGGEST PONZI SCHEME ROBBERY OF OUR WEALTH IN HISTORY. They are all of the biggest players in this HEIST. They are the MULTINATIONAL BANKS, THE MULTINATIONAL CORPORATIONS, WALL STREET, THE FEDERAL RESERVE and the entire FEDERAL GOVERNMENT. THEY ARE AMERICAN IMPOSTERS and they have infiltrated every branch of our society and are out to do PERMANENT HARM and DESTROY The United States of America. They want to bankrupt America and create a NEW WORLD ORDER with a one world FACSIST DICTATOR, and a one world currency. They want to rule by TYRANNY and OPRESSION and they want to create a CRISIS and CHOAS so they may accomplish their ultimate goal of Plutocracy. They want a worldwide WEIMAR REPUBLIC. They want all of us to own nothing but debt,as our debt based currency proves. They want us to have NO PROPERTY RIGHTS and they want NO SOVEREIGN NATIONS. They want all Americans working as debt slaves on their U.N./NEW WORLD ORDER PLANTATION. National Sovereignty will prevail. Our U.S. CONSTITUTION OVERRULES ANY OF THEIR ATTEMPTS AT OVERTHROWING OUR GREAT NATION. GOD BLESS AMERICA. WE WILL OVERCOME AND THEN THERE WILL BE LIBERTY AND JUSTICE FOR ALL. WE WILL NOT GIVE UP ANOTHER OUNCE OF OUR FREEDOM IN THE NAME OF NATIONAL SECURITY. WE THE PEOPLE DO NOT NEED AND WILL NOT TOLERATE A GOVERNMENT BABYSITTER. THIS IS OUR COUNTRY, WE WILL PROTECT IT.
If thier soooo interested and say we have common meeting ground then{1 Why are they not trying to contact us to work this out.{2 Why is thier info. not displayed when you go to the MERS sitr.Sounds to me like SSDD.
The common ground is the Banks, but investors and homeowners need to look at the banks for Restitution and not at each other. Clear Titles will not be unblemished with Modifications with the banks or with the investors. Within the Trusts in securitization, there are Tranches with investors that were paid and other Tranches with investors that were not paid. Fully, partial, or zilch.