Election 2010: Teabaggin' the Ds & Rs

[Cletus Miller]

Originally Posted by Atticus Grinch

Good question. The requirement for notarized signatures probably accomplishes zilch except for the false reassurance it gives to low-income folks -- particularly those from civil law countries where notaries play a vastly more important role -- that the transaction has somehow been "approved" by someone somewhere.

Well, that wasn't what I was getting at, but is another issue.

My point was that the notary is supposed to independently verify that signator is in fact the person who is supposed to execute the doc, but anyone who has dealt with many has seen things notarized with no verification, and county recorders can be absolute idiots about demanding that their state form is used, regardless of where the document was in fact executed (which is a violation of the law in every state and is a failing on the part of the notary, who should be requiring that the proper form for the state of execution be used).

If the notary doesn't say WTF? when there is a defect in the execution/acknowledgement, that's on the notary, not the lender, unless the notary is an employee of the lender being empowered/directed/required to violate the law (which would be the Lender's responsibility). And, if not, and the Lender is still made responsible for defective notary acknowledgements, why have the notary at all? And, in either case, the notary needs to have their license revoked and be banned from re-applying for some period.

[Penske 2.0]

Originally Posted by Greedy,Greedy,Greedy

Which one?

My favorite recent combination was "Leagalize Freedom" on the same car as "Welcome to America: Now Speak English".

Of course, requisite Don't Tread on Me and Pro-Life stickers, too.

My favourite is "Fuck Bush" on the cars of "adults" with elementary school children in an elementary school parking lot. Nice role modeling.

[Penske 2.0]

Originally Posted by Cletus Miller

Well, that wasn't what I was getting at, but is another issue.

My point was that the notary is supposed to independently verify that signator is in fact the person who is supposed to execute the doc, but anyone who has dealt with many has seen things notarized with no verification, and county recorders can be absolute idiots about demanding that their state form is used, regardless of where the document was in fact executed (which is a violation of the law in every state and is a failing on the part of the notary, who should be requiring that the proper form for the state of execution be used).

If the notary doesn't say WTF? when there is a defect in the execution/acknowledgement, that's on the notary, not the lender, unless the notary is an employee of the lender being empowered/directed/required to violate the law (which would be the Lender's responsibility). And, if not, and the Lender is still made responsible for defective notary acknowledgements, why have the notary at all? And, in either case, the notary needs to have their license revoked and be banned from re-applying for some period.

I have seen notaries who notarize something without even seeing the person sign it; and without even seeing the person who signed it. the notary I used last week demanded payment in beer. I was okay with that as long as I didn't have to drink with her. No offence.....well, a little offence.

[Cletus Miller]

Originally Posted by Penske 2.0

I think you think its the right, and that provokes me to ask, have you ever been to Seattle? (and I am guessing Berkeley is the similar, although is Berkeley a non-fossil fuel vehicle zone?)

It was a response to Sidd, so I suggest you thi
n
k
abouti
t
again.

And, of course, it was intentionally ambiguous.

[Greedy,Greedy,Greedy]

Originally Posted by sebastian_dangerfield

You won't because no one's being trampled. The scandal involved "robo-signers" verifying foreclosure complaints and providing summary judgment affidavits is being misrepresented by the media. It's really a no-harm, no-foul situation. The arrears defaulters owe are all easily verifiable, the fees are minimal and in the end, no bank ever sues on a deficiency anyway, so even if they were slightly off, it wouldn't matter.*

Additionally, if a debtor thinks he's getting screwed in the listing of fees, interest and arrears, all he has to do is file an answer to the complaint and challenge the numbers. If he gets served with papers from the sheriff and neglects to do so, fuck him (He could do it for free... I've seen handwritten answers in court documents).

*There are circumstances where a flipper may be sued, but its rare. And the 1099 discharge of indebtedness tax liability doesn't apply to people losing their primary residences.

I had the pleasure recently of helping a relative deal with a foreclosure being done by one of the mills hired by a large servicing operation for securitized mortgages. The debtor was just $2,000 behind. I had two whole questions: how much does he owe and where do I send the check? The bank sent me to the law firm to answer it. Three calls and two letters to some paralegal whose identity changed in the middle later, I got my answer, together with an itemized bill adding over $700 to answer the question, plus another $400 in other charges that were run up while I was trying to figure out where to mail the check.

The "fuck em" attitude needs to get applied to the mills doing this work and the banks hiring them as much as some of the debtors. The sad thing is we'll probably move the loan to a community bank with guarantors on it to bring the rate down, which is probably just what the assholes want.

[Cletus Miller]

Originally Posted by Penske 2.0

I have seen notaries who notarize something without even seeing the person sign it; and without even seeing the person who signed it. the notary I used last week demanded payment in beer. I was okay with that as long as I didn't have to drink with her. No offence.....well, a little offence.

Well, I don't personally know anyone who has every asked their secretary to notarize a document that a client fedexed in w/o getting it acknowledged, but I've certainly *heard* about such things, and I'm sure you have, too.

[Cletus Miller]

Originally Posted by Greedy,Greedy,Greedy

The sad thing is we'll probably move the loan to a community bank with guarantors on it to bring the rate down, which is probably just what the assholes want.

The assholes want their bonus checks. So, indirectly, you might be helping them, as one of their files will show a 100%+ recovery.

[Greedy,Greedy,Greedy]

Originally Posted by Penske 2.0

My favourite is "Fuck Bush" on the cars of "adults" with elementary school children in an elementary school parking lot. Nice role modeling.

You guys have a feistier model of lefties there. I haven't seen that one, and send my kids to all the best granola eating schools where you might expect them.

[Penske 2.0]

Originally Posted by Cletus Miller

It was a response to Sidd, so I suggest you thi
n
k
abouti
t
again.

And, of course, it was intentionally ambiguous.

[Penske 2.0]

Originally Posted by Cletus Miller

Well, I don't personally know anyone who has every asked their secretary to notarize a document that a client fedexed in w/o getting it acknowledged, but I've certainly *heard* about such things, and I'm sure you have, too.

[Penske 2.0]

Originally Posted by Greedy,Greedy,Greedy

You guys have a feistier model of lefties there. I haven't seen that one, and send my kids to all the best granola eating schools where you might expect them.

I've traveled through your land, your granola is Kellogg's Corn Flakes compared to the granola here, which is made from stevia sweetened hemp.

[Penske 2.0]

Kagan.... has recused herself from 25 of the 51 cases the court has accepted so far this term

I sure hope she is returning 50% of her salary based on the projected production from that type of work place attendance.

[sebastian_dangerfield]

Originally Posted by Greedy,Greedy,Greedy

I had the pleasure recently of helping a relative deal with a foreclosure being done by one of the mills hired by a large servicing operation for securitized mortgages. The debtor was just $2,000 behind. I had two whole questions: how much does he owe and where do I send the check? The bank sent me to the law firm to answer it. Three calls and two letters to some paralegal whose identity changed in the middle later, I got my answer, together with an itemized bill adding over $700 to answer the question, plus another $400 in other charges that were run up while I was trying to figure out where to mail the check.

The "fuck em" attitude needs to get applied to the mills doing this work and the banks hiring them as much as some of the debtors. The sad thing is we'll probably move the loan to a community bank with guarantors on it to bring the rate down, which is probably just what the assholes want.

My "fuck them" comment only applied to someone who didn't take the time or effort to answer a complaint. That's inexcusable. Your relative was diligent and I agree with you that the $1100 in costs was unreasonable.

I lost the envelope with the address to send a payment to my mortgage lender a few months ago. I called the bank five times before someone could provide me with a simple address. It's really appalling how disorganized they are, and it all stems from them being way too big.

[Cletus Miller]

Originally Posted by sebastian_dangerfield

I lost the envelope with the address to send a payment to my mortgage lender a few months ago. I called the bank five times before someone could provide me with a simple address. It's really appalling how disorganized they are, and it all stems from them being way too big.

I had a couple payments "late" bc I failed to notice a change of payment address for an account (w/ a TBTF lender) I have on autopay from my bank which is, for some reason, still mailed rather than electronic. Somehow, I avoided incurring a late fee, so they aren't always horribly irrational.

[Greedy,Greedy,Greedy]

Originally Posted by sebastian_dangerfield

My "fuck them" comment only applied to someone who didn't take the time or effort to answer a complaint. That's inexcusable. Your relative was diligent and I agree with you that the $1100 in costs was unreasonable.

I lost the envelope with the address to send a payment to my mortgage lender a few months ago. I called the bank five times before someone could provide me with a simple address. It's really appalling how disorganized they are, and it all stems from them being way too big.

I promise you, that was the first time this particular relative was ever called diligent. It got to that stage by virtue of some combination of drug-adled brain, natural disregard for the mundane, and the ravages of age.


GGG(TMI)