DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Walking away from your mortgage just got a lot scarier

**Grennios** · 10-04-2011, 09:06 PM

See, this frightens me... If the bank does not hold the note, you pay off the house in 10-20 years and they say, Umm we don't know who owns your home... Sorry have a nice day.

And then the owners of the note come on board and demand you pay them the value of the note.

10-04-2011, 09:06 PM	#19
Grennios Join Date Oct 2005 Posts 522 Senior Member	See, this frightens me... If the bank does not hold the note, you pay off the house in 10-20 years and they say, Umm we don't know who owns your home... Sorry have a nice day. And then the owners of the note come on board and demand you pay them the value of the note.
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