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Omega Letter - Commentary Discussion

Banking System Halts Foreclosures
Posted By: Noreene
10/18/2010 10:18:03 AM

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Original Commentary Link
5 Shout AMEN!Amen ~ 6 PrayingPraying

Member Comments:
All I can say is, "Lord, help us all" Thanks, Ed D
Reply # 1 - ReplyTo ID: 6331


Posted By: DanDapper -
Date: 10/20/2010 2:06:25 PM
8 Shout AMEN!Amen ~ 5 PrayingPraying

Comments: Thanks Ed, you're our financial "Watchmen on the Wall." Well, we can see where this is all headed. Soon it will be the "One World Bank"(of the anti-Christ) that owns us all.Our Marxist leftist politicians with the elite money cartels pulling their strings want all this to happen. Jesus will be calling us soon, Come up here!
Reply # 2 - ReplyTo ID: 6329


Posted By: Ed D. -
Date: 10/19/2010 11:51:54 PM
4 Shout AMEN!Amen ~ 6 PrayingPraying

Comments:

Hi AnnK. 

The AG's actions are targeting so-called "robo-signers" which are typically small law firms who are improperly signing documents to which they have no personal knowledge.  Here's an excellent review of the problem in the AM Law Daily. 

http://amlawdaily.typepad.com/amlawdaily/2010/10/ags-foreclosure-probe.html

 


Reply # 3 - ReplyTo ID: 6328


Posted By: ShelleyMessenger -
Date: 10/19/2010 5:35:41 PM
7 Shout AMEN!Amen ~ 5 PrayingPraying

Comments:

Thanks Ed, really good commentary.


Reply # 4 - ReplyTo ID: 6327


Posted By: AnneK -
Date: 10/19/2010 11:34:10 AM
9 Shout AMEN!Amen ~ 4 PrayingPraying

Comments:

This has been a problem for years...our firm does a lot of real estate law and it has gotten almost impossilbe to "prove" you own a deed of trust due to the bundling and electronic transfers without paperwork.  Over the past year or two judge's have gotten very strict in making anyone who comes before the court prove they own a deed of trust.  Great article Ed however I disagree (to some extent) with this statement... "This is done when law firms use illegal procedures to reclaim an investor’s money by foreclosing on a home".  It's not the law firm's taking the illegal action, banks, title companies and other lending institutions provide the trail of ownership to lawyers and most foreclosures do not involve law firms...at least in this state and many others.  


Reply # 5 - ReplyTo ID: 6326


Posted By: GaleWare -
Date: 10/18/2010 11:42:22 PM
6 Shout AMEN!Amen ~ 5 PrayingPraying

Comments: When the truth of this gets out to the general public, it will cause a "bigger explosion" than the oil spill.
Reply # 6 - ReplyTo ID: 6325


Posted By: JanaFunkhouser -
Date: 10/18/2010 6:31:22 PM
6 Shout AMEN!Amen ~ 6 PrayingPraying

Comments: WOW! It IS true. Kinder gardener's are running our government, not adults with common sense. Jana
Reply # 7 - ReplyTo ID: 6324


Posted By: CindyJ -
Date: 10/18/2010 2:59:06 PM
4 Shout AMEN!Amen ~ 7 PrayingPraying

Comments: All I can say is, Ohhhhh boy! I'll still pay all my bills, but I can just imagine what a non-Christian will do with this if it's not fixed pretty quick.
Reply # 8 - ReplyTo ID: 6323


Posted By: pete -
Date: 10/18/2010 12:25:33 PM
6 Shout AMEN!Amen ~ 4 PrayingPraying

Comments:

This is going to open up a pandora's box of issues on top of what we already face.  With that said, we as Christians need to continue on in honesty and 'occupying til He Comes'.  We pay our bills, because it's not only the law, but because it also shows a testimony of our witness to a lost and dying world.