Neil
I am going to continue my fight with Quiet Title. After talking with a lawyer, it seems I should probably do two things: seek a prelim title insurance declination as Dave discusses, but also two, send the QWR letters to everyone asking to inspect the wet ink note. Not asking for opinion here, just as an FYI.
However, I believe it’s time to find a lawyer for the mortgage pool. It seems to me that having the actual names/addresses for all current and past borrowers in one specific pool should be a path to at least a lawyer driven collective bargaining attempt, all the way to a class action suit (action TBD).
Your email/blog has great reach, and the lawyers who listen are borrower side generally.
Would you consider posting a blast that asks:
“Is there a law firm willing to discuss representing a specific mortgage pool, where the pool names are known. This may not be only a contingent based engagement, as there are 1200 (+/-) borrowers against a pool whose current par value is $700M. All borrowers are paying 6 1/2% or more (so the rates are not market rates), and 1/2 are underwater on their first mortgages. Even a borrower upfront fe of $250 could aggregate to quite a sizeable retainer as a start point. If interested, email john94404@hotmail.com to discuss”
Thanks for listening regardless.
John


