The first thing to think about is how many of these student loans were securitized or are subject to claims of securitization and assignments. Based upon anecdotal evidence collected thus far, most of them were securitized. That means that many of the defenses suggested for mortgage foreclosures are equally applicable to student loans. AND it …
STUDENT DEBT — Reduction Suggested, Especially for Medical Students Read More »
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Mortgage Rates in U.S. Decline to Record Lows With 30-Year Loan at 3.84% Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The Minnesota attorney general, Lori Swanson, accused Encore of fraud, saying it had filed false affidavits to collect consumer debt that was not owed or had been already paid off.” HUGE POTENTIAL EFFECT ON FORECLOSURES EDITOR’S COMMENT: The significance here is not just that robo-signing was used, which violates …
Minnesota Prepares to Sue A Debt Collection Agency: Robosigning Read More »
