[lbo-talk] Yves Klein: Foreclosure Fraud and themillionmissingnotes

Chuck Grimes c123grimes at att.net
Sun Oct 10 10:16:42 PDT 2010


So who's been getting all the mortgage payments? If the legal claims are not clear, what about the money flow? Doug

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I think the short answer is whoever's name and address is on the bill. My credit card and car insurance policy have changed names and addresses several times over the years. They use P.O.Box numbers so there isn't even a building attached.

Jordan writes: ``I've noticed over the years that some of the times that I've refinanced not everything lined up. But so long as we both maintain the fiction, everything is fine.''

I think that is exactly what's going on.

Jordan: ``I think it's a little weird to be calling this 'fraud' as tempting as it is to label foreclosures as criminal in some way..''

State prosecutor offices are joining together to investigate, which sounds to me like they think there is fraud. This might be to determine if the affidavit process has been phonied up.

CG



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