Eliot Spitzer calls on Obama to support Occupy Wall Street. Noting that the movement is amassing support day by day, Spitzer hopes this will encourage President Obama – calling him “flat” on Wall Street and the economy – to speak with “a new and progressive voice.” Michael Moore states, “We oppose the way our economy […]
Tag Archives | mortgage
Mortgage Foreclosures: Robo Affidavits & REMICs
James McRitchie, 10/13/2010 ,
The financial and mainstream media have missed the real bombshell in the mortgage foreclosure mess. It isn’t about “sloppy paperwork.” The robo affidavits are an attempt to hide the fact that (1) the mortgage securitization trusts or REMICs didn’t comply with the IRS rules, and (2) the trusts may not have had a legal interest […]