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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: RE: RE: They don't need to rescind

Posted On: July 7, 2008, 3:18 pm CDT
Posted By: caveat emptor
Comment:
My parents contract with an attorney in large scale, large money transactions such as home purchases. They do not use the victim mentality to try and squirm their way out of contracts. Everyone is not a victim of someone. There are very few TRUE victims. I'm very sorry but the bottom line is if you cannot understand the terms of your contract you do 1 of 2 things - hire an attorney (or other person with a fiduciary responsibility to you such as accountant etc) to interpret for you or you DO NOT PROCEED WITH THE TRANSACTION.
About one thing you are correct, my parents would not get help from me as a victim of a scam - they know better than to get into that trouble in the first place. It is YOUR OWN FAULT if you believed the sales pitch that some used house salesman with no fiduciary responsibility to you told you about a transaction. TAKE RESPONSIBILITY FOR YOUR OWN LIFE AND QUIT LOOKING TO BLAME OTHERS FOR YOUR PROBLEMS!
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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