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sf

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Alias Born 07/25/2008

sf

Re: None

Wednesday, 10/06/2010 2:41:41 PM

Wednesday, October 06, 2010 2:41:41 PM

Post# of 730575
just wanted to let you guys and girls know, my friend is a broker and was going to a closing today to sell a builder's foreclosure to a buyer. he thought it was payday! little did he know the note on the builders loan was washington mutual. needless to say they didnt close and were told it was a paperwork mixup. all of the mortgages still belong to wamu...jpm doesnt own them nor did they pay for them. that is why jpm backed out of foreclosing on 57,000 mortgages. hard to foreclose on something THATS NOT IN YOUR NAME! he is an investor in wmi stocks and now understands what i was telling him about jpm was completely true! jpm is holding the mortgage industry hostage in more ways than one. sellers cant sell their houses and buyers cant buy foreclosures without a clear title.
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