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Who Owns Your Mortgage?

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I was reading this thread on the propertypin

http://www.thepropertypin.com/viewtopic.php?f=4&t=23626

and wondered how prevalent this is here. How many mortgages were sold on and not registered by their new owners?

How many mortgages will be re-possessed by the companies which bought the RMBS?

Could this lead to a lot more re-possessions hitting the market since this will be outwith control of the government?

Hmm.. Interesting. It's possible that those who ran the banks that securitised their loan books don't even know how the process actually worked!

Topliner

Edited by topliner

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