“This case has appropriate and serious repercussions to foreclosure mills. It is common for the substitute trustee (frequently Tiffany and Bosco) or the attorney to send out a Notice of Default and Notice of Sale PLUS a Debt Collection Letter. Now they might be liable for sending out false and misleading information.” Neil F Garfield, …
Editor’s Comment: One more step toward a society enforced by bullying rather than the rule of law. More than 300 prosecutors are allowing debt collectors to use the stationery of the prosecutor’s office to threaten jail time if the debt is not paid. Not surprisingly, the receipt of these letters is scaring the wits out …
Prosecutors Taking Kickbacks from Debt Collectors Read More »
“The Bottom Line is that if the REMIC transactions were real, they would have been named on the note and mortgage. The fact that they never were named or disclosed demonstrates clearly that something else was going on besides funding mortgages with REMIC money from investors. Nobody would loan money without putting their name as …
