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Reply #30: No, I've stated legal fact. This woman is misleading people and you are mistaken. [View All]

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DirkGently Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-08-10 11:12 PM
Response to Reply #28
30. No, I've stated legal fact. This woman is misleading people and you are mistaken.
Banks are not stopping foreclosures over this. They are putting the brakes on because their foreclosure "mills" got nailed faking affidavits and "robo-signing" court documents. The MERS thing might cause a lender to have to re-plead or even re-foreclose, but they're not going to simply erase a mortgage debt over something like this.

This is a bad urban legend. Again, I'm not trying to give you a hard time. And it actually is kind of a big deal. But there are no free mortgages coming anyone's way. Sorry.
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