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Mortgage Rescission Could Be Class Action Nightmare for U.S. Banks

National News • July 7, 2008
A lawsuit filed by a Wisconsin couple against their mortgage lender could have major implications for banks should a U.S. appeals court agree that borrowers can cancel their loans en masse when ...

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Subject: RE: I Agree with Dawn

Posted On: July 7, 2008, 1:45 pm CDT
Posted By: Disheartened
Comment:
I agree with Dawn - not all the homeowners who now find themselves in this mess are paupers trying to live in mansions. The loan underwriters brought this on themselves. Not everyone is able to understand the legal-babble in these documents, especially if a greedy broker is jamming it down their throats. And guess who is AGAIN going to have to pay to BAIL OUT the LENDERS? You are! I am! Just like the S&L mess !
Subject Posted By Posted On
RE: how did this happen..... Gill Fin
Jul 8, 2008, 11:43 pm
how did this happen..... MBB
Jul 8, 2008, 12:33 pm
RE: RE: RE: RE: RE: They don't need to rescind David
Jul 8, 2008, 12:26 pm
RE: RE: RE: RE: They don't need to rescind Tina
Jul 8, 2008, 9:23 am
RE: The whole dang ship needs to go down... Just a thought
Jul 8, 2008, 8:22 am
The whole dang ship needs to go down... Terrie B
Jul 7, 2008, 9:28 pm
Class Action? Johnny
Jul 7, 2008, 4:07 pm
RE: RE: RE: RE: They don't need to rescind caveat emptor
Jul 7, 2008, 3:18 pm
Wait a minute... Tom
Jul 7, 2008, 2:55 pm
RE: RE: I Agree with Dawn- that's the worst part. Dawn
Jul 7, 2008, 1:54 pm
RE: I Agree with Dawn Disheartened
Jul 7, 2008, 1:45 pm
RE: RE: RE: They don't need to rescind Dawn
Jul 7, 2008, 1:43 pm
RE: RE: They don't need to rescind caveat emptor
Jul 7, 2008, 1:32 pm
RE: They don't need to rescind Dawn
Jul 7, 2008, 1:16 pm
Mortgage Sam
Jul 7, 2008, 12:56 pm
RE: They don't need to rescind DDay
Jul 7, 2008, 11:53 am
They don't need to rescind lastbat
Jul 7, 2008, 11:06 am
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