As most of you know, the courts in New Jersey have threatened to suspend foreclosure proceedings in that state. I want to give a big hat tip to 4ClosureFraud for putting together the bank’s responses to the courts questions about the integrity of their procedures. I’m going to give the responses a read all over again tonight then sleep on them, but there are many, many terrifying and troubling things in the combined responses. The thing that bothers me most are the repeated suggestions that the proposed actions exceed the jurisdiction of the court or that they are unconstitutional. This is a terrifying argument…among other scary things in the reports….but read them for yourself and draw your own conclusions….
Are The Banks Above Totally, Completely, Entirely Above The Law? YES.
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