Monday, January 31, 2011

The Banks still have judges in their pocket.  Recon Trust doesn't not have to prove anything as to whether they even have the right to foreclose or have followed the service agreement rules over the past several years.  A judge ruled today after just a few days that the challenge to Recon Trust was a weak argument.  So Banks still running the show. 

If  lawyer actually makes a case as to whether BofA even has the note they might have a winner but sounds like this case was just to get a refile because the homeowner was saying that Recon didn't own the mortgage at the time of foreclosure.  This seems like a legitimate claim to me but evidently this judge disagreed. 

The banks likely will just continue to roll over property rights just as they have in the past. 



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