This video talks about how some people are stopping the foreclosure in a most unusual fashion. You see all banks must comply with the federal laws that govern all mortgages. The reality is that many banks don't do all of the paperwork needed & even if they did, many will not be able to find it to prove they have it. If they can't you win. Also, almost all lenders sell their loans in bundles to investors and those investors sell them to other investors and so on. There are several cases where the bank could not even figure out who the owner is currently, again you win. The bottom line is that if the bank did anything wrong or can't find and deliver the original note you win.
Did search on lin. Can not find.
Beingreal40 2 years ago