Special master to hasten foreclosure negotiations


January 6th, 2012 - Posted by Boston.com
Lawyer George E. Babcock, who has filed nearly 200 federal lawsuits to stop lenders from foreclosing on his clients' homes, said McConnell is sending a message to borrowers and lenders. McConnell authorized Sherman to order parties to negotiate to ...
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  1. Marla Says:
    January 7th, 2012 at 4:34 pm

    “Special Master” does sound rather sinister; and being a banker undoubtedly carries a certain stigma. Let’s give her a chance.

    If you read the Judge’s Order a couple of things stand out.

    “Order the appearance of any persons necessary to settle any claims…”.

    “Order the appearance of any persons necessary to settle any claims completely and or order the appearance of any non-parties, including but not limited to municipal and other government officials and lien holders, that may be essential for a total resolution of the claims;”.

    Ok…so if this were simply a matter of failing to dot “i’s” and cross “t’s” will these alleged lenders be allowed to file Motions for Protective Order like the always do?

    Doing so makes it look like they trying to hide something.

    I think what they are hiding is the fact that third parties via CDS have made them whole (mainly bailout bed-mate AIG);something they CAN legally do not more than once twice, not less than once never, but once. That, my friends, IS what they are hiding.

    It has happened to you – whether in default or not. Your grand-children will be paying it back…and no; they won’t be bailed out or recieve a bonus.

    The rubber will meet the road when the time comes to insure the title.

    Read the order here:

    http://www.foreclosurehamlet.org/profiles/blogs/the-playing-field-has-been-leveled?xg_source=activity


What do you think about this?