"Mortgage-bond investors represented by Dallas lawyer Talcott Franklin will send letters to securities trustees complaining that they shouldn’t bear the costs of loan servicers’ so-called robo-signing. The reason for the ire? It is the noteholders who ended up having to pay legal fees associated with discoveries of rampant fraud...".Mind you, it's becoming increasingly apparent that the REMICs never actually received an enforceable interest in the alleged notes.
More organic matter; bigger oscillating rotator.
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