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View Full Version : US Foreclosure Fraud in a Nutshell, How Average Joes Home Was Stolen - The Market Ora



FraudNews
11-28-2011, 08:10 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFAyFVY1naaGU4RWrW76W 66S4o8hwamp;url=http://www.marketoracle.co.uk/Article31789.htmlimg src=http://nt2.ggpht.com/news/tbn/Bv0aMlhbmdndzM/0.jpg alt= border=1 width=80 height=71 /br /font size=-2The Market Oracle/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFAyFVY1naaGU4RWrW76W 66S4o8hwamp;url=http://www.marketoracle.co.uk/Article31789.htmlbUS Foreclosure bFraud/b in a Nutshell, How Average Joe#39;s Home Was Stolen/b/abr /font size=-1bfont color=#6f6f6fThe Market Oracle/font/b/fontbr /font size=-1In this respect, in the wrong hands (eg Countrywide#39;s Angelo Mozilo) PSAs have the potential to operate like a modern quot;daisy chainquot; bfraud/b whereby the PSA oversells the loans in the PSA Trust, thus defrauding the MBS investors. b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dcF_i2i_7cAPN_Mnobrb/b/nobr/a/font/div/font/td/tr/table

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