REALITY CHECK – SECURITIZATION FAIL!

If you do nothing else this weekendPLEASE read this post.
If you are a Legislator –
this is imperative to your better understanding of the current foreclosure crisis
and why your Attorney General should NOT sign the servicer settlement agreement
… yet.
Yes, it’s long –  it’s factual, hang in there and you’ll learn what you need to know.

BY | FEBRUARY 2, 2012

WARNING: Attention homeowners: Do not read this post as legal advice. Although the information in this post is true, securitization fail, even of your loan, will not typically prevent the bank from foreclosing on you, unless you have a good lawyer. Even then, realistic end game is a sustainable modification, not a free house. More after the post. Continue reading