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sf

Re: BigBang post# 317589

Friday, 07/08/2011 9:38:45 AM

Friday, July 08, 2011 9:38:45 AM

Post# of 729614
i absolutely agree that this whole deal will be undone. wmi filed bk before anything was transferred. jpm is effectively "squatting" in all the banks they have yet to pay for and are holding home titles in limbo that they are not the originators but servicers of. they are holding the foreclosure market hostage. without clear title none can transfer. they sold some wmi assets without judge's knowledge....that rosen said they didnt. seems to me without a 3.1a they have no clue, effective contract, or standing in this matter. jpm's greed and fdic's quest for ultimate power over banks is what got us here. truth, justice, and the rule of law are going to bring us out. and to the "chop shop analogy" i do not agree. jpm "veneered" over wmi banks. the bank and land under them have not changed. the prime locations are the same. take the veneers off and wamu is back in business. it seems that jpm is letting alot of employees go in california and florida. maybe they have been told they must vacate. we'll find out soon enough. jmo.
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