Who Actually Owns Your Home!
Who Owns your home? A U.S. District Judge in Cleveland tossed out 14 foreclosure cases........read Eric J. Weiner's article "Court Throws a Wrench into Foreclosure Plans". Mortgage-backed securities is what is at issue and mortgage companies are being scrutinized for there practices of bundling mortgages and selling them. Investors do need a better understanding of what they are buying in these securities. Overhauling the mortgage industry and our financial laws are inevitable.
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