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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: RE: I Agree with Dawn- that's the worst part.

Posted On: July 7, 2008, 1:54 pm CDT
Posted By: Dawn
Comment:
The people who have been true victims are the ones that are going to lose.

The ones that knew what they were doing are going to find a way to get the Gov't to pay their mortgage, or go back to where they were with the idea that 'it was great while it lasted'.

The people who brought this mess to us are going to point at the people THEY put on the streets and complain that the road to their mansion neighborhood is declining in value.

And, of course, the multi-million bonus guys are probably out of the country already.
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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