Therefore, an issue of fact remains as to
whether the bank fulfilled the condition precedent to foreclose the
Because a material issue of fact remains, we reverse the summary
judgment and remand for further proceedings.
As if more evidence was needed that Wall Street has rigged the game in its favor, the IRS is going to allow the banks that engaged in a massive nationwide program of mortgage fraud to write off their settlement:
The banks that just settled with regulators over their mortgage abuses are getting off lightly, Cox suggested. When the amount companies must pay in a settlement "is just the cost of doing business, there's not very much deterrence value there," he said.
Another side impact of the settlement scam that the feds entered into with the banks that no one it talking about, that the national press hasn't even touched....
UNEMPLOYMENT OF THE GOOD PEOPLE WHO WERE HIRED ... Read More