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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 | 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 |
| Back to article | ||


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