New rule says banks must prove ownership before foreclosing, page 1
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ATS Members have flagged this thread 3 times


reply posted on 24-5-2010 @ 07:59 PM by Illusionsaregrander
reply to post by sligtlyskeptical



That does seem to me the bare minimum one would expect a bank to need before foreclosure. Proof that it actually owned the home.

The system has gone a little crazy lately.


reply posted on 25-5-2010 @ 04:02 PM by SlasherOfVeils
Originally posted by Illusionsaregrander
reply to
post by sligtlyskeptical



That does seem to me the bare minimum one would expect a bank to need before foreclosure. Proof that it actually owned the home.

The system has gone a little crazy lately.


Lol, yeah-- makes you wonder what was going on before.

"Hey umm... Mr Bob.. I'm going to have to foreclose your home. ...What, proof I own it? I don't need proof, you need to move out!"

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