Good to know......."It’s good that the case remains active, because the $95 million settlement was a pittance compared to the enormity of the crime. By the end of 2009, private mortgage-backed securities trusts held one-third of all residential mortgages in the U.S. That means that tens of millions of home mortgages worth trillions of dollars have no legitimate underlying owner that can establish the right to foreclose. "
Posted on: Fri, 16 Aug 2013 05:28:55 +0000
Trending Topics
Recently Viewed Topics
© 2015