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Tuesday, January 15, 2013

Comments

Richard Davet

If it looks like a duck, walks like a duck and quacks like a duck, and acts like a duck , the players in "the GSE Business Model" have called it a "servicer".

It gets goofier as the borrower has always thought that they were dealing with their "lender".

It is what a prosecutor would call a "theft by deception scheme" albeit of a dimmension never before seen with the first borrowers and then Taxpayers as victims.

Peth

If you have no money and must go into debt, you have no money to pay further claims. Duh, whats up with our laws?

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