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|User Info||Bank of America Settlements Impede Fraud Probe . . .; entered at 2012-01-26 14:31:26|
One thing the people need to understand that the federal government really has almost zero power when it comes to property law. As soon as the local/state legislators/executives get that through their heads then the federal cartel on collateralized lending will lose its grip, at least on a local basis. It would take the "all power must belong to the federal empire" zealots a decade or so to try to ram through the federalization supremacy powers through all 3 branches of the federal government to overrule the states/locals on this. Where the rubber meets the road on collateralized lending is when the sheriff enforces an eviction court order that's based on a foreclosure on a lien that was validly recorded by a party who was in good standing on that property and in good standing to do business in the county/state where the property is located. If they're obstructing a fraud investigation in the name of "federal settlement" they can certainly be redirected on all transactions through a process that the state/local gov(s) use for any entity that's having trouble being fully compliant with state/local gov(s) fraud investigations. Just as the state/local gov(s) in Utah kept way ahead of the local/territory officials during the 1879-1890 era when the Mormons were openly practicing polygamy and getting away with it in defiance of all 3 branches of the federal government. |