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Bank of America Forecloses on Houses without Mortgages

What I think is interesting about this article is that it might be proof that the lenders have NO IDEA what properties their loans apply to. They sold and resold the loans so many times that it is impossible to tie a mortage to a property.... so they seemingly "flip a coin". Adds credence to those who advise people to demand the original copy of the note when they are losing their homes to foreclosure.

http://www.allgov.com/Controversies/ViewNews/Bank_of_America...



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