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Is the Crystal Ball Clearing? | 148 comments (147 topical, 1 editorial, 0 hidden)
Re: Is the Crystal Ball Clearing? (none / 0)
Notes have no effect on title.  Only mortgages and deeds of trust do, and those are recorded or there are consequences.  But those are just collateral instruments and don't show evidence of the underlying debt.  Notes, CDSes, and other securities don't have recording systems to readily determine who holds them.
by rifek on Wed Mar 14th, 2012 at 02:52:42 PM EST
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Is the Crystal Ball Clearing? | 148 comments (147 topical, 1 editorial, 0 hidden)
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