(CONTINUED)
So along comes the housing crisis, caused by those same liberals who thought it wise that millions of people who never could afford the payments, were entitled to own a home of their own, and what do the liberals who controlled the Presidency, House of Representatives, AND the Senate do? They bailed out the fat cats. Homeowners were tossed out on the street.
DEUTSCHE BANK
Deutsche Bank, a giant German Banking firm, with many branch offices in SW Florida, has entered the foreclosure market in a big way.
Even though they didn't make the home loan, and in fact had nothing whatsoever to do with the loan, they have assumed thousands of bank loans currently in default. Why? To pick the carcass clean. Some have escrow deposits, unused insurance escrows, and more importantly, mortgagees with private savings and retirement income.
So D'bank files a foreclosure. Lee Court judges (No other courts in the country to my knowledge, do this), under their unique "expedited" foreclosure policy ram the filing through the system, and before the(former) homeowner knows it, he is out on the street. D'bank then obtains a deficiency order from the friendly judge, and the Bank goes after your personal assets, including the refrigerator box you are living in under the I-75 overpass.
Is this a great country or what?
