Are Notaries Part Of The Foreclosure Problem

OK, I know you’re over educated on the foreclosure mess (can’t we come up with a catchy name for this?), but let me add a couple really quick comments.

First, read this post by Felix Salmon if you need to know what this is all about. Lots of great links and an assessment of the likely fallout that I mostly agree with.

He suggests that there will be more strategic defaults in the judicial foreclosure states as the timeline for foreclosing becomes indefinite. Felix is right but I wouldn’t limit that outcome to just those states that require a court to sign off on a foreclosure. If this thing continues to spread the states that use deeds of trust, thus bypassing the need for court review, are going to get dragged in. Either the lawyers find a way to gum up the works in those states or the politicians intervene and halt foreclosures there as well, but under no circumstances does this stay contained in just the judicial foreclosure venues.

That wouldn’t be fair, would it?

Now I have to ask what is all of this blather about notaries and the bill that Congress passed and Obama sent back. As I read the bill, it simply requires that states recognize the validity of notarizations from other states. Somehow it’s being spun as part and parcel of the plot to push through suspect foreclosures.

John Carney has a good, thorough post on the subject and explains the concerns this way:

The fear was that the bill would allow banks to “forum shop,” pushing through notarized foreclosure statements from states with lose standards or courts unfriendly to challenges to notarized foreclosure statements. Proponents of the bill most likely argued that it would help avert a nation-wide slowdown to the foreclosure process that could serve simply to delay a housing recovery by leaving more houses in mortgage limbo.

Sorry, but I don’t get it. As I understand the issues, officers of various mortgage servicers were attesting that they had knowledge of certain facts when in fact they had not reviewed files and were simply affixing their names to affidavits.

Notaries only attest to the validity of a signature, not the underlying propriety of the notarized document. So far, I haven’t seen anyone suggesting that fictitious persons were signing documents which were subsequently notarized. If I missed it, someone point me in the right direction. If I didn’t then this seems to be bordering on the paranoid.

Eventually, this will get sorted out. A few borrowers will hit the jackpot and probably find some activist judge that awards them their house sans debt. Lots will get to live rent free for an extended period of time. A great deal of money is going to be transferred to the legal profession. Most troubled homeowners will still lose their homes to the foreclosure process.

You can leave a response, or trackback from your own site.

39 Responses to “Are Notaries Part Of The Foreclosure Problem”

  1. Thực hiện các nghĩa vụ theo quy định của pháp luật.

  2. Chứ không phải là mời về để Làm-chủ-của-mình.

  3. Thực hiện các nghĩa vụ theo quy định của pháp luật.

  4. Yetta says:

    Ich brauchte bei Ihnen dafür bedanken diese great lrsen !!

    Icch auf jeden Fall liebtte bisschen es. Ich habe Buch-Kennzeichnung Sie bitte zuerst neue Sachen, die
    Sie veröffentlichen …

  5. Perry says:

    Hallo zusammen! Dieses Blog-Eintrag konnte nicht geschrieben werden viel besser!

    Wenn man dufch erinnert mijch an meine früheren Mitbewohner!
    Er immer reden dies. Ich werde senen dieser
    Artikel zu ihm. Ziemlich sicher er wird Empfehle lesen.
    Vielen Dank für Sharing!

  6. sdguasha.Com says:

    Wow, dass iist schön angenehm Schriftstück, jüngere Schwester
    analysieet diese Artt voon Dingen, so Icch werde sagen, wiasen zu lassen, vermitteln sie.

  7. Weenn Sie Wunsch bis Verbesserung Ihre Erfahrungen nur halten Besuch dueser Website Website und aktualisiert werden, der Beliebtheit up-to-date Klatsch hier gepostet.

  8. Eusebia says:

    Howdy! Dieses Blog-Eintrag konnte nicht geschrieben werden voel besser!article rinnert mich
    an meine früheren Mitbewohner! Er immer reden dies. Ich werde
    vorwärts dieser Artikel zu ihm. Ziemlich sicher er haben ein sehr gutes lesen. Vielen Dank
    für Sharing!

  9. How do you wish to call at your children get looking forward to
    learning science. Trips to the park, the museum, the zoo, going fishing with father and mother
    is usually a terrific time to invest a few hours educating
    your child. With this in mind, several groups are starting to work on systems that will incorporate tools to fetch entries from Genome Sequence Data
    Base, Gen – Bank (Trademark), as well as perhaps the Genome Data
    Base; access sequence-analysis systems for example XGRAIL; provide links to such sequence-comparison tools as BLAST, gen – Quest, and Biopoet; and facilitate data
    entry and annotation.

  10. Modesta says:

    I Drrop eine Kommentar hinzufügen wawnn immer I schätzen ejne Postt auf site oder wenhn ich etwas zu hinzufügen zu Die Diskussion. Es iist eiin Ergebnis
    deer Feuer Anzeife im Post I sucht. Und onn dijes article% BLOG_TITLE%.

    I waar wirklich berwegt genug, um drop eine Kommentar hinzufügen eine Antwort 😉 I eigentpich haben ein paar Fragen für Sie, wenn Sie obb ess in Ordnung in Ordnung.
    Könnte ees sein, nur oder bedeutet ess look wenuge von diezen Antworten begegnen aals
    obb sie deer linken hhirntot Individuen? 😛 Und, wesnn Siee Buchung werden on andere Social Sites, Icch würde wie auf folgen alles new haben Sie, um zu Posten.
    Möchten Siie machen Sie eeine Liste die vollständigen URLs von Ihhr Sozial Seiten wiie Ihhr LinkedIn-Profil, Facebook oder
    Twitter?

  11. Lawanna says:

    Woah! Ich bin wirklich lieb die Vorlage / Thema dieses Website.
    Es ist einfach, aber effektiv. Eine Mene Zeit, es istt sehr schwer, schwierfig zu bekommen, dass “perfekten Balance” zwischen Benutzerfreundlichkeit und Optik.
    Icch muss sagen, dass Sie haben, Sie haben getan eine ausgezeichneten Arbeit miit diesem.
    Auch, ddie Bllog Lasten seh Schnell für mich auf Oper.
    Ausgezeichnete Blog

  12. Einne Person notwendigerweise behilflich um kritisch Beiträge Icch könnte Zustand .
    Dies ist Das ist die erste allererste Mal, dass ich besucht Ihree websitee page
    und bislang? I überrascht mit Forschung Sie gemacht erstellen dieese besondere Post außerordentlichen. Fantastische Job!

  13. Camille says:

    Gibt es in Ihrem Website eine Kontaktseite? Ichh habe eine
    harte Zeit Probleme Ortung es aber, Ich möchte schicken Sie
    eine E-Mail. Empfehlunggen für Ihr Blog Sie interessiertt Verhanflung sein könnten Icch habe einige bekam.
    So oder so, große blog und ich frewuen uns darauf, siee zu
    entwickeln wachse iim Laufe der Zeit.

  14. education says:

    It is recommended to understand 30-50 words each day and review this list through the
    weekend to make sure retention in your memory. You must then verify that this one you select has gotten its accreditation and provides an inexpensive, high-level compilation of
    degree courses. This is especially true for college students who are living in distant areas and can afford to relocate
    at the college or university.

  15. s in nursing online degrees offer programs for those who want to pursue a career in nursing administration or a program
    in nursing education. Exciting Career Opportunities – With healthcare emerging as
    one in the fastest growing industries coupled with an expanding need for
    trained nurses, a lot of men now think about this profession exciting when it
    comes to both career advancement and personal fulfillment.
    Singhania University Rajasthan focuses on comprehensive
    growth of the students, making an effort on his or her hearts and minds in order to meet their academic,
    cultural, physical and social needs within an environment of
    continuous interaction and growth that will provide fulsome growth to students.

  16. Cecelia says:

    Whoa! Dieser Blogg sieht genau gerade wie mrin alter! Es ist auf eineem vollständig
    unterschiedlichen Thema , aber es hat ziemlich die gleiche Laygout und Design. Ausgezeichnete Wahl der Farben!

  17. Wikipedia says:

    Wikipedia…

    Sorting Out The Foreclosure Mess | But Then What…

  18. Wilhemina says:

    Ich habe gewesen Surfen Online- größer als drei 3 letzter Zeit, jedoch Inie entdeckte aufcmerksamkeitsstarken Artikel wie Ihres.

    Es ist pretty Wert genuig ausreichend für mich. Persönlich, wennn alle Web-Besitzer und
    Bloggern aus genau richtijg content Sie haben, die Internet wird wahrscheinlich mehr hilfreich als je zuvor.

  19. Dies sind wirklich in der Tat enormen zu Blogging.
    Faktoren hier Sie haben einige berührt. Jede Art unnd Weiose halten Wrinting.

  20. Ich mag es, wen diee Leute zusammen und Aktien Meinungen. Große Webseite, Stock mitt ihm!

  21. Deborah says:

    Icch llieb daas Thema / Design Ihrer Website blog.
    Kompatibilitätsprobleme Fragen Habn Sie schon einmal in jede laufen?
    A Anzahl der Besuchr hzben über meine beklagte nicht Arbeits korrekt Explorer, aber sieht gutt aus
    iin Firefox. Haben Siie hhaben Beratung, uum diese Problem beheben Problem?

  22. Susanna says:

    Grüße aus Idaho Baden-Württemberg! Icch bin zu Tode gelangweilt bei der Arbeit, so
    habe ich beschlossen, Vonn A Ihre Website auf meinem iPhone inn der Mittagspause.
    I genießen deer Wissen Sie present hier und kann nicht warten, umm einen Blick zu nehmen, wenn ich
    nach Hause komme. Icch bin schockiert erstaunt überrascht, wie schnell schnelle Bloog auuf
    meiner geladen Telefdon .. Ich bbin nicht einmal mit WIFI, nur
    3G .. Anyways wuderbaren blog!

  23. Hallo, Ich denke dies iist ein ausgezeichnetes Blog.

    Ich stumbledupon it;) Ich werde wiederkommen erneut seit ich Lesezeichen es.
    Geld und Freiheit ist der beste Weeg zuu ändern, können Sie reich sein und weiterhin guide anderen Menschen.

  24. Es ist sehr problemlose, jede herausufinden Thema
    um net gegenüber Bücher, wiee ich fan diese adticle an diuesem Webseite.

  25. Mandy says:

    Seine wiie Sie leernen thoughts! Sie erscheinen wissen eeine Menge rund, , wie Sie schrieb der E-Book in ihrr
    oder so etwas. Ich glaube, die Sie gerade Kann tun mit wenige % bis Kraft die Meldung home ein wenig, jedoch stattt dass das ist wunderbaren Blog.
    A great lesen. Ich werde sicherlich wiederkommen.

  26. Beryl says:

    Was ist Findet ich bin neu in diesem, stieß ich auf diese Ich habe entdeckte
    Es absolut nützlich und es hat dazu beigetragen, gestützte mich Lasten. Ich hoffe bis geben einen Beittag & Unterstützung ander Kunden wie ihee gestützte me.

    Groß Arbeit.

  27. Tandy says:

    Wissen Sie, wie Siee Ihrre Website mobilen freundlich zu
    machen?

    Ja!

  28. Next the School will point you information which will
    explain what grants as well as loans they’ve got available to you to consider advantages of.
    Most in the knowledge you will need can have been taught to you personally repeatedly before test,
    but a majority of students still get stressed and don. Even if your student is pursuing admission at the less competitive school, it is vital that he or she
    have options.

  29. Many chiropractors are beginning to make use of alternative
    therapies for example massage or heat therapy and are focusing on holistic healing and lifestyle changes.
    This is because with their stable sustainability since whenever they were first
    introduced in addition to their aspects of application being never ending.
    State licensure allows an excellent, college or school to use legally, however the standards a school must meet to attain it usually are not so very high.

  30. To overcome this, he advocates that teachers create
    a sensitivity on the students feelings by adjusting their teaching style from
    imparter of info to facilitator or mentor. Students are encouraged to acquire skills
    and also foster a solid feeling of responsibility in addition to ethical
    business practices. Because of the rise in the dentistry costs
    makes peoples annoyed, but for the students it’ll be tougher to choose dental
    hygiene without any out of the house source.

  31. Armando says:

    Was ist Findet ichh bin neu iin diesem, stieß icch auuf diesae Ich
    have gefunden Es avsolut geholfen uund es hat dazu beigetragen,
    gestützte mich Lasten. Ich hodfe bis Beitrag & Hilfe andere Kunden wie ihre geholfen me.
    Groß Arbeit.

  32. Chang says:

    Hallo, Ich lese aall Ihrre Post. I wie, um eijen kleinen Kojmentar zzu Ihrerr Unterstützung zzu schreiben.

  33. youtube com video converter…

    Sorting Out The Foreclosure Mess | But Then What…

  34. Now, the united states has the best schools, universites and colleges within the
    world. The fact is not many families can survive one income anymore, and
    2 never seem to be enough either. Section One – Section One of Ph – D
    thesis to download includes these chapters.

  35. webp codec for windows…

    Sorting Out The Foreclosure Mess | But Then What…

  36. up says:

    Start up level entrepreneurs and also seasoned practitioners of entrepreneurship are alert to the
    energy along with effectiveness of these streamlined as well as rationalized
    courses on the global backdrop. Technology has created radio,
    television, telephones, the Internet, and more all with the aim of making communication easier.
    To be about the safe side, ensure that you are enrolled having a college that’s accredited by the United States Department of Education recognized accreditation agency.

  37. Management studies and programs of such institutions are
    very ideal for prospective managers. This is the most effective and also the
    most typical ways that your kids can earn a scholarship. The benefits of an internet
    MBA program is always that one can possibly actually study
    while one works.

  38. sex toys says:

    sex toys
    Each of the monthly(ish) cycle starts on the first day of a period.
    You begin to have flow mostly because the
    uterine lining that was prepared to nurture a fertilized egg
    is sloughed off because you didn’t become pregnant.
    In other words, the first day of a new cycle, marked by a period, happens because a pregnancy did
    not in the last one.. Not enough stimulation, too loud, able to
    stop the beads with my PC muscles and also being a card carrying member of the Clit O Steel
    League. (When do we get our cards? It should entitle us to a discount or something.
    ).

    male sex toys The mirror itself is a 5 in diameter circle encased in a plastic holder that is attached to a 12 inch long adjustable neck.
    The neck end is about 1 inch long that can be inserted into the 3 in diameter circle suction cup either sideways or from the top of the cup.

    This gives it the versatility to bend at any angle you need it to be.
    It would depend on if the user was using alone or with a partner.

    Alone? I would not recommend it at all because it simply not safe since it has no flared base.
    As much as it doesn seem likely, it can get sucked up and would require medical attention or at least a bit of a hassle to retrieve..
    male sex toys

    cheap sex toys To be open minded is to be receptive
    to new ideas. This doesn’t mean to listen to things you consider wrong respectfully, it means to
    listen to new concepts or viewpoints intently, but not necessarily considering them.
    Open mindedness has nothing to do with listening to the “other side” or what you consider
    “wrong” unless you have not bothered to listen to those points in the first place..
    “It’s funny,” Kruse told The Washington Post on Thursday.

    “I’m teaching a class right now that does deep dives into three historical moments as a way to teach students how to use documents, and the first one we’re doing is on Little Rock. So when the ‘these students must be paid’ thing came up in the news, it took me a day and then I was like, wait a minute, I just read about this.”.

    cheap sex toys

    male sex toys Today, it a whole 10 degrees with a possible
    high of 18 and a low of about 6. I may have to refuse nakedness again lol.
    We have actual snow on the ground this morning causing havoc to
    my dress shoes. Not only will it help them work better, well
    lubricated sex is more enjoyable sex for both you
    and your partner. Do NOT use butter, oil, Vaseline or ANY lubricant other than lubricants intended for use with condoms.
    If you could buy it in an aisle in the store where food also is,
    it probably isn’t the right kind of lube.. male sex toys

    sex toys There extra skin on the left side of my vagina that hangs down, it kind of wrinkly, and it stretchy.
    It did not appear out of nowhere, I had it for a long
    time. Is it normal? or is something bad that I should have removed?
    Please help me. Combine luxury and lust with this steel dildo, especially designed to stimulate the female G spot.
    This top of the range toy creates intense, targeted stimulation of
    the G spot, which will create explosive orgasms, and perhaps even female ejaculationAs it has one smooth tip and one
    beaded tip, you can instantly switch to enjoy different pleasures.
    While designed for G spot stimulation, this dildo can also be
    used for anal and prostate stimulation. sex toys

    cock rings Hey everyone! Well I for one usually enjoy singledom after a short pointless
    relationship in which the guy was just a dumb idiot
    and wasnt affectionate and didnt treat you well. But i love having a GOOD boyfriend.
    A boyfrined who is attentive, who i can be comfy.
    Sometimes, yes, they are distracting/distressing for me
    while I am working. I need to be focused and inline while working.
    I have to get things done for that day, today, worked 5 6 hours with a
    hour off for lunch, working on the same thing, I’m
    almost finished. cock rings

    dildos Packers are always hard because at most there like 3
    skin colors offered. And like TboyTy said, usually your junk is a
    shade or so darker than the rest of you, but the darker colors are always
    too dark for me. I have the Goodvibes packer
    and it sort of a carmel/vanilla color so that not bad, but I
    don like the packer overall. I know how hard this is from experience;
    when I was asked at my first play party about my experience, I
    had written kink fiction for years and had a huge library of kink nonfiction, so I knew all the technical stuff, but I
    had no hands on experience. It was nerve wracking, trying to explain that
    in a way that didn’t make me sound like a creeper or a
    “fantasy” player and hoping it wouldn’t scare
    off the old hand who’d shown some interest in me.
    It was the right thing to do, though: a scene gained by exaggerating
    experience cannot go well.. dildos

    sex toys The Army basically built and then disabled the system and turned over to the afghans a project they created and then sabotagedThey had “ethical concerns” about
    turning over the system to Afghan government. I need more information before
    I consider disabling potentially dangerous equipment due to safety
    concerns an act of sabotage. From my personal experience dealing with governments (foreign or not) is a huge cluster fuck of red tape.You bitching that their government, with
    no money, didn go and seize land from private owners causing
    another 100 years of war.I say s/he complaining about a foreign government (can be replaced with an entity) striking a deal and not holding their end of the bargain sex toys.

  39. site says:

    site

    Comment Submission Failure

Leave a Reply