The people they are kicking out of homes are having their credit destroyed. The property management places in my area require that you have good credit, no BK or foreclosure. Well guess how many people do not live up to their expectations. Know lots of people who cannot rent from property management places nor apartments. I am one of those people. Who are they going to rent them to?

Ivent is right, plus every one needs to learn to prepare for worst case scenario. Hopefully such plans would never be needed, and if they are needed, then you are ready. Learn to be careful who to trust
and use discernment on what you are told or read. Plus ALWAYS read the fine print on all contracts,
if you do not understand some of what youre signing, refuse to sign until what you read is clear to you.

“Someone”? We know who the “someone” is. It’s the press’s job to confuse things. ” Blame Fannie!” No wait “Blame the regulators!” No wait “Blame Wall Street!” No wait “Blame the repeal of G.S!”
No wait “Blame the Borrowers!”
It’s all a big lie, since our owner/ruler class worked together, to screw you. if you’re a victim tsk tsk. The bandits made off with the loot, you get to lose your home. They won’t be brought to justice because they are “Justice” Sorry. Go USA!

In the meantime – I’ve been doing some reading on how investors are scooping up foreclosed properties for rental portfolios…from individuals for investment funds.

Yep, sooner or later – as Matt Weidner and others have suggested – we will renting from investment firms in the U.S. and outside its borders. Ugh – very, very sad.

ruth ann..Check your recordings and look for assignments…find out what a legal assignment looks like in your state…In my state their are only 2 types of assignments that create a lien on real property…..an Assignment of Land Trust For Collateral Purposes or a Collateral Assignment Under Land Trust…and remember, the only person who can create a clear chain of title for them is you, with your signature…..You do have property rights and laws that protect YOUR property rights….They want you to believe that if you don’t pay the mortgage, you are out..That is because in the old days your note stayed at the bank you got your loan from and never went anywhere else…..That is no longer the case since they started selling these loans onto Wall Street and coverting those notes into stocks…They most likely never assigned a lien to your collateral deed….My recorders office told me they have never assigned a lien to my deed in 18 years…and because of that my house is paid for, I can live in it, sell it or do whatever I want with it…There is no legal fix for what they did not do…My State AG’s office told me that I signed the contract….that is what they want you to believe.. that you have no property rights if you do not pay the mortgage..there is alot more to it than that and you do have rights and laws that protect you…