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Leaked Federal Reserve Doc: Go from paper homeowner instruments to electronic. Foreclosure fraud? What fraud?

Updated with what you can do, resources to check out and court cases. “Obviously an effort to introduce Federal legislation in support of a national electronic mortgage and mortgage note transfer system is a very ambitious effort,” Thomas C. Baxter, Jr., General Counsel and Executive Vice President of the New York Federal Reserve Bank wrote. … … Continue readingLeaked Federal Reserve Doc: Go from paper homeowner instruments to electronic. Foreclosure fraud? What fraud?

Think you will own your house someday? Think again. Check your chain of title

With a stroke of his pen and a bankruptcy court order any chance of obtaining the deed to your home could be gone forever. If you find out later that you have a problem with the most important document that affects your legal, financial and property rights—your chain of title, sorry. Tough luck. Your legal options are gone forever. If you think you will be able to seek justice and get your day in court, you can forget about that too. … … Continue readingThink you will own your house someday? Think again. Check your chain of title