Overcoming Foreclosure

Business & Finance, Finance & Investing, Real Estate
Cover of the book Overcoming Foreclosure by Norman L. Sirak, Wilcox Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Norman L. Sirak ISBN: 9781301589746
Publisher: Wilcox Publishing Publication: July 17, 2013
Imprint: Smashwords Edition Language: English
Author: Norman L. Sirak
ISBN: 9781301589746
Publisher: Wilcox Publishing
Publication: July 17, 2013
Imprint: Smashwords Edition
Language: English

When Wall Street decided to use mortgages as debt collateral, they needed large volumes of mortgages. Typical offers of mortgage-backed certificates ranged from one-half to two billion dollars. To achieve this volume, lenders like American Home Mortgage and Countrywide had to cut corners and expedite the processing of loans. Attorneys were replaced with clerks; and clerks worked without legal supervision. Formalities required by the Statute of Frauds and mandatory recording statutes were treated like they did not exist. Ignoring mandatory statutes has consequences. Every mortgage or deed of trust involving a shell corporation called Mortgage Electronic Registration Systems (MERS) has been rendered unenforceable by property statutes which were simply ignored. Overcoming Foreclosure describes why these loans are not enforceable, and it provides a step-by-step approach for assembling a Quiet Title lawsuit designed to exploit these fatal flaws.

Overcoming Foreclosure is grounded in law, but it has been written for the homeowner confronted with this problem. If you have been searching for legal leverage, this book is intended to be the answer to your prayers.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

When Wall Street decided to use mortgages as debt collateral, they needed large volumes of mortgages. Typical offers of mortgage-backed certificates ranged from one-half to two billion dollars. To achieve this volume, lenders like American Home Mortgage and Countrywide had to cut corners and expedite the processing of loans. Attorneys were replaced with clerks; and clerks worked without legal supervision. Formalities required by the Statute of Frauds and mandatory recording statutes were treated like they did not exist. Ignoring mandatory statutes has consequences. Every mortgage or deed of trust involving a shell corporation called Mortgage Electronic Registration Systems (MERS) has been rendered unenforceable by property statutes which were simply ignored. Overcoming Foreclosure describes why these loans are not enforceable, and it provides a step-by-step approach for assembling a Quiet Title lawsuit designed to exploit these fatal flaws.

Overcoming Foreclosure is grounded in law, but it has been written for the homeowner confronted with this problem. If you have been searching for legal leverage, this book is intended to be the answer to your prayers.

More books from Real Estate

Cover of the book The 9 Month Investment by Norman L. Sirak
Cover of the book The Beginner's Guide to Real Estate Investing by Norman L. Sirak
Cover of the book Blog Fun and Fast: The Must Use Guide for Real Estate Agents by Norman L. Sirak
Cover of the book Landed Hong Kong by Norman L. Sirak
Cover of the book The Complete Guide to Investing in Foreclosures by Norman L. Sirak
Cover of the book Rules for Real Estate Success by Norman L. Sirak
Cover of the book Investment Real Estate Analysis: A Case Study by Norman L. Sirak
Cover of the book Anatocismo nei mutui: Le formule Segrete (Parte 3) by Norman L. Sirak
Cover of the book My Real Estate Diary by Norman L. Sirak
Cover of the book 51 Success Stories from Canadian Real Estate Investors by Norman L. Sirak
Cover of the book BIM for Building Owners and Developers by Norman L. Sirak
Cover of the book Kompendium Standortstrategien für Unternehmensimmobilien by Norman L. Sirak
Cover of the book Uncertain Power by Norman L. Sirak
Cover of the book Good Mortgage America: Overcoming the Mindset of a Chronic Renter by Norman L. Sirak
Cover of the book The Housing Boom and Bust by Norman L. Sirak
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy