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 […]

Tags: consumer debt, credit card, essential providers, medical students, mortgage loans, PRINCIPAL REDUCTIONS, student loans, values
Posted in bubble, Corruption, Eviction, securities fraud |