Click the title for the full message.

A recently discovered article discusses the ramifications of foreclosing on mortgages that were split up into tiny fragments when sold on the Mortgage Backed Securities, MBS market. “There is no evidence before the court as to who is the present owner of the Note. The holder of the Note must join in the motion.” See the complete article and learn of the possible ramifications: http://rismedia.com/2009-09-28/op-ed-60-million-mortgages-may-have-fatal-flaws/#ixzz0SW1AbzH9

I welcome your comments and feedback. Thank you to my listeners and readers for providing their feedback. To learn more about my background, visit Consult Pete. To learn more about my company strategy, visit Commercial MasterMinds.