Users Online Now:
1,916
(
Who's On?
)
Visitors Today:
1,132,861
Pageviews Today:
1,983,753
Threads Today:
760
Posts Today:
15,202
09:29 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
!!! BANKS LOSE IMPORTANT RULING ON FORECLOSURES !!!
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 1165715:MV8xMzEzOTU3XzIxNTUwMTIzX0ZEMjg4QzYz] [quote:JimmyK] Greetings, The state America will be in will make for a lot of itchy trigger fingers. Unfortunately, the folks with their fingers on the buttons are the same folks going down just as a passing thought. Regards Jimmy [/quote] Greetings to you Jimmy K, You get it, the big picture, but I don't understand this post. Open ears and open mind here. Thanks for the consideration. [/quote]
Original Message
[
link to www.msnbc.msn.com
]
NEW YORK — In a decision that may affect foreclosures nationwide, Massachusetts' highest court voided the seizure of two homes by Wells Fargo & Co and US Bancorp after the banks failed to show they held the mortgages at the time they foreclosed.
Bank shares fell, dragging down the broader U.S. stock market, after the Supreme Judicial Court of Massachusetts on Friday issued its decision, which upheld a lower court ruling.
The unanimous decision is among the earliest to address the validity of foreclosures done without proper documentation. That issue last year prompted an uproar that led lenders such as Bank of America Corp, JPMorgan Chase & Co and Ally Financial Inc to temporarily stop seizing homes.
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>