4 ms·
That's a bogus argument. A mortgage is a private agreement between you and a bank. A bank foreclosing on a property without a mortgage (as at least Bank of Am
by FedRegister 13y ago
That's a bogus argument. A mortgage is a private agreement between you and a bank. A bank foreclosing on a property without a mortgage (as at least Bank of America is alleged to have done on several occasions) is a tort that should be litigated and a crime that should be prosecuted.
- minikites 13y agoSo it's a private agreement? I don't understand your point. You agree to pay a certain amount and if you don't a bad thing happens. When it's a bank and a mortgage, you lose your house and your family is harmed. When it's the government and taxes, your wages are garnished and your family is harmed. Having a banking system helps people buy houses and having a government helps literally everything a society does.
- dublinben 13y agoIt's not your house, it's the bank's house. That's what a mortgage is.
- AsymetricCom 13y agoYou know, until it isn't. http://4closurefraud.org/2010/07/20/bank-of-america-confiscating-homes-they-dont-own-bofa-attempts-foreclosure-on-current-loan-they-do-not-own/ http://4closurefraud.org/2010/07/20/bank-of-america-confisca...
- FedRegister 13y agoYes, and had you read my GP post you'd know that everyone in the topic agrees that BoA should be litigated against for damages by the affected homeowners and the people ordering the bogus foreclosures charged criminally.
- deleted 13y ago[deleted]
- deleted 13y ago[deleted]