Tag Archives | REMIC

Mortgage Foreclosures: Robo Affidavits & REMICs

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 […]

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