uz, what i get out of reading all the mortgage stuff is that the mortgages "assumed" by jpm were being foreclosed on prematurely. they were found to not be the owners of the notes because there was never a sell to wmi completed. jpm was trying to foreclose on the properties they didnt leagally own and wamu had issued mbs against the same and said they didnt owe the investors anything due to the fact jpm bought them. they both were working to fraud at both ends. they both chalked it up to clerical error. lol!!!jmo.
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