If your listings aren’t immediately available there, then drill down as we say and check other listings such as Men’s Pants and other categories like Men’s Shirts and Ties and Men’s Suits. If you can be found there – even if you’re not at the top of other search engines, you could be creating a stream of traffic that allows your online business to be successful.
ShopWiki operates like Google in some ways. It searches the net for shopping related listings so that consumers can find as many relevant search results as possible from as many possible online stores. Because they are a “wiki” or aggregation site, it’s often easier for them to rank higher for a particular search than your site. By making sure you have listings accessible to ShopWiki.com, you’re “hedging your bets” that you can get better traffic at this key shopping time!
I say this assuming there were no laws broken because of the robo-signing. And there may have been, but that is a matter for the states’ attorneys general, not the Obama administration.
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p>As a conservative, I believe laws must be followed, not fudged, and if in MA the law prohibits robo-signing in lieu of a notary public’s wet signature, then AG Coakley should follow up on it. The wrong approach is a politically-motivated blanket moratorium which makes a mockery of the law, legal rights, and the legal process. Martha Coakley, faster please.
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p>This still doesn’t address the real problem — people took out mortgages THEY COULD NOT AFFORD, and refinanced existing ones to unaffordable levels. Perhaps there was fraud committed by both lenders and borrowers, but the structural problem remains, and the economy suffers.
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p>Re-start the foreclosure process, and get going. Clear the market of excess inventory.
I read an interesting theory which I find believable. In the “pre-bubble” days, when someone got in trouble with their mortgage, the bank had an incentive to work with the homeowner. It wasn’t an all-or-nothing endeavor, the pain was shared.
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p>Today, investors who purchased mortgage-backed securities also purchased insurance on those securities. And the insurance doesn’t pay off unless the property is foreclosed on. So to the investors, negotiation results in a loss, foreclosure results in being made whole. That is why the banks are so hot on foreclosing on everyone. And that is why they are pulling all the stops to do so.
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p>Why facilitate that? Sure, the borrowers are defaulting, but that doesn’t mean the laws should not be followed.
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p>I also think that by now, there is enough evidence out there showing that the banks knew that they were giving out mortgages irresponsibly. Via the miracle of financial engineering, they just didn’t care. Yet they were supposed to be the adults in the transaction. Why excuse that irresponsible behavior?
So far, some judges are ruling against the banks. (The latest, today in New York.) In fifty states the AG’s offices are conducting investigations. (If you went to court with the misinformation the banks do, you’d be on the inside looking out for a long time.) Will the American system of justice hold the banks to the same standard as the citizen?
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p>I doubt it. Politics will win. A federal investigation is being called. People will cheer. The state investigations will shut down. The banks will only need to deal with one federal government rather than 50 state governments. Once the elections run their course. the lame duck bi-partisan congress will quickly pass a bill of attainder allowing banks to foreclose without what is now proper documentation. People may or may not realize they’ve been had again. The politicians will call it a “victory for the American people”.
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p>We’ll see more foreclosures on unencumbered property, wrong houses, threats to innocent families. Our government in action.
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p>I bet the bank lobby has already written the bill.
So far, some judges are ruling against the banks. (The latest, today in New York.) In fifty states the AG’s offices are conducting investigations. (If you went to court with the misinformation the banks do, you’d be on the inside looking out for a long time.) Will the American system of justice hold the banks to the same standard as the citizen?
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p>I doubt it. Politics will win. A federal investigation is being called. People will cheer. The state investigations will shut down. The banks will only need to deal with one federal government rather than 50 state governments. Once the elections run their course. the lame duck bi-partisan congress will quickly pass a bill of attainder allowing banks to foreclose without what is now proper documentation. People may or may not realize they’ve been had again. The politicians will call it a “victory for the American people”.
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p>We’ll see more foreclosures on unencumbered property, wrong houses, threats to innocent families. Our government in action.
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p>I bet the bank lobby has already written the bill.
Story
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p>Or said another way, “Nothing to see here (just demagoguery), move along…”