Who Says there's no free mortgages - Bank pays the price for Poor Record Keeping

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A judge in New York wiped out the debt on a home because the lender failed to show ownership of the loan.

This sort of action would wipe out the securitization market. Who’d want to buy an investment that could be wiped completely because of poor record keeping.

-sunil

SMA REALTY

Sunil Sethi / Associate Broker, REALTOR, MBA, CPA / SMA Realty
38350 Fremont Blvd. #202 / Fremont, CA 94536
Office 510 793 8600 / Mobile 510 388 2436 / Fax 510 431 9046

Personal: http://www.sunilsethi.com

blog: http://fremontrealestate.blogspot.com/

LinkedIn: http://www.linkedin.com/in/fremontrealtor

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