As the economy continues to spiral downward, a US Congresswoman from Ohio, Marcy Kaptur, is encouraging her constituents to squat in their foreclosed homes. She is advocating that homeowners should simply stay put until the bank “produces the note” that proves it owns the home.
Because mortgages have been divvied up so much, the banks are having a hard time finding the original paperwork – and by telling a bank to “produce the note,” a homeowner can delay foreclosure by forcing the lender to prove the suing institution is actually the same which owns the debt.
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Show me the money??? Show me the documents… On the one hand reading and agreeing with diversifying, on the other knowing that global diversification has played a leading hand in our current financial crisis… then again, maybe it’s just been greedy, irresponsible diversification that’s been the ace of spades, and the ace of hearts is yet to be shown.
February 7th, 2009 at 12:28 am
Dud tactic, sheeples!!! What happens when the BANKSTERS do “produce the note”…… what then eh???? I ask this….Wouldnt it be better to take the time learn the real secret behind the BANKSTERS fraud, then, smash them with it? It would stop FORCLOSURES DEAD IN ITS TRACKS!!
t homeowners should simply stay put until the bank “” that proves it owns the home.
February 7th, 2009 at 2:30 am
Go Marcy!
February 10th, 2009 at 1:22 am