Second: The assertion is made that there was fraud in the inducement in all of these loans, in that there is an implied duty of dealing in good faith in all contracts that was violated by the banks that made knowingly bad loans – which we now have sworn testimony on. While this is not settled by any means, there is currently pending litigation on this point, and if this approach wins, well, then you go – those contracts are voidable. . . . → Read More: What is foreclosuregate?
 Leave a comment  Cleveland short sales  Allegation, Assertion, Audio Interview, Cincinnati Law, Contracts, Couple Of Minutes, Economic Damage, Economic Interest, Fraud In The Inducement, Good Faith, Koh, Lenders, Line Of Inquiry, Litigation, Market Ticker, Mathematics, Mers, Mortgagee, Pay Attention, Testimony The Herald Tribune in Sarasota published a rather scathing rebuke of some rather typical investor short sale quick flipping practices. Any person in foreclosure will tell you how many solicitations from people looking to buy their home they get. Investors claiming to have cash circle like sharks smelling blood along with attorneys and Realtors . . . → Read More: Darned you evil short sale investors… you are sinners through and through… |
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