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affidavit: Beware of REO Properties and the NEW "Cloud" on title - 10/15/10 12:50 PM
Guess the banks got caught with their preverbal pants down again.
Seems "representatives" of some of the banks who provided affidavits confirming their personal knowledge and "right" to foreclose on a property were in fact...NOT!
As a result, the judges who granted permission to foreclose were granting these foreclosures without having all the facts regarding who owned the property and who had the right to foreclose.
Oh, what an ugly can of worms. This means  that if it cannot be proven that the entity who foreclosed on the homeowners had the right to do so, then the homeowners may have a … (0 comments)

 
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Diana Turnbloom

Martinez, CA

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