Comments on: FHFA: 24% Of NPLs Sold Through May Have Been ‘Resolved’ https://4closurefraud.org/2016/07/18/fhfa-24-of-npls-sold-through-may-have-been-resolved/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Sat, 29 Nov 2025 17:28:46 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Iam Lazarus https://4closurefraud.org/2016/07/18/fhfa-24-of-npls-sold-through-may-have-been-resolved/#comment-661906 Mon, 18 Jul 2016 15:55:49 +0000 https://4closurefraud.org/?p=64642#comment-661906 The real “kicker” here is the fact that non-performing loans are already in default or “dishonor” and selling them off as defaulted-paper takes the power of sale off the table and EVERY ONE of them can [only] be foreclosed through a “Judicial Foreclosure” action … because the [only] party that buys defaulted non-performing debts … are “DEBT-COLLECTORS.” Debt collectors are not given bona-fide purchaser status, and in fact, are deemed as a “Thief” in possession of bearer-paper.

Yet … every single mortgage loan included in those portfolios will be foreclosed on through a non-judicial foreclosure action, even though that action is disallowed by law for any debt-collector?!?

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