Comments on: Abigail Field | The Foreclosure Fraud Iceberg https://4closurefraud.org/2012/02/21/abigail-field-the-foreclosure-fraud-iceberg/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Wed, 03 Dec 2025 18:42:18 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: To Tell The Truth https://4closurefraud.org/2012/02/21/abigail-field-the-foreclosure-fraud-iceberg/#comment-332839 Tue, 21 Feb 2012 17:24:14 +0000 https://4closurefraud.org/?p=42862#comment-332839 They are stalling for time so that they can get certain bills and amendments to other bills pass that would be in their favour…they are working on other strategies as we speak. Allow no distractions from the iceberg…

]]> By: Beth A. https://4closurefraud.org/2012/02/21/abigail-field-the-foreclosure-fraud-iceberg/#comment-332803 Tue, 21 Feb 2012 15:46:25 +0000 https://4closurefraud.org/?p=42862#comment-332803 It will be interesting to see what the banksters do with all of the shadow inventory. I suspect they’ll slowly filter them through the system and hope sales pick up.

I’m sitting with “guns” drawn on ours – as the file is wrought with origination fraud. I’m hoping there are millions of other homeowners in pre-foreclosure who are gathering info via Qualified Written Requests and research. I’m wondering who will want to pull the “trigger” first – them or us.

With all of the shadow inventory – which will surely continue to rise – at some point the “pain level” has to hit a maximum. Add to that – all of the people heading into foreclosure due to the current state of our economy.

]]> By: Joe Gaffney https://4closurefraud.org/2012/02/21/abigail-field-the-foreclosure-fraud-iceberg/#comment-332749 Tue, 21 Feb 2012 14:44:42 +0000 https://4closurefraud.org/?p=42862#comment-332749 It may take a half a century – if we begin fixing the recordation problems right now – to finally repair all of the potential, underlying cloudy title problems that will occur because of the banks’ unwillingness to play by the rules. I wonder if title insurance will be available property purchases in the future; or, how much it will cost. Once again, it will be the consumer who will have to pay.

I hate to say it, but, the surest way to prevent the nightmare that is to come, is to grant free and clear title to everyone who has a securitized mortgage loan! But, that won’t happen.

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