I’m concerned that in a great many cases, the Plaintiffs are not at all being straightforward or truthful with the court or with anybody regarding who actually owns the loans they are using to foreclose and throw homeowners out into the street.
In far too many cases, they expressly assert that it doesn’t matter.
We get Motions to Substitute Party Plaintiff, Assignment of Bid and Post Sale Quit Claim Deeds.
This is all evidence of the larger and disturbing phenomena that the banks are lying to the court. Lying to everyone.
But as we see with the Pino arguments before the Florida Supreme Court, no one, not even this state’s highest court, seem to care about punishing any of the banks or the foreclosure mills for any wrongdoing…..even gross and documented wrongdoing.
So What Kind of Nation Is This When There is no punishment for wrongdoing?
And why should anyone follow laws or respect our nation’s legal system if the biggest and most powerful that walk high above us do not?
From The Story:
A suburban West Palm Beach foreclosure case has even bank employees confused, with internal emails that question whether the wrong entity is repossessing the house – but that then decide to move forward anyway.
Bank attorneys now want to purge the court file with the messages, which were filed mistakenly. The emails also mention trying to avoid mounting community association fees.
“I think the emails basically say the plaintiff doesn’t own the loan, and it belongs to a different lender,” said attorney Peter Snyder, who is representing Abby Lopez. “It may be Bank of America, or Bank of America could just be the servicer. That’s where it all gets crazy.”
Homeowner advocates say the three email exchanges exemplify one of their biggest concerns – that the wrong bank will take their home.
The concern arose when boom-time loans were repeatedly bundled or broken into pieces and sold by the original lender to trusts, investors or other lenders. As a result, a bank may be responsible for collecting payments and daily loan oversight, but not be the true owner.