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| User Info | Kudlow Gets Into Foreclosuregate; entered at 2010-10-04 22:36:11 | |||
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Pyruvate Posts: 1509 Registered: 2008-12-16 Underground bunker
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I seriously doubt the originators have the notes and really suspicious that the warehouse lenders would either. Gen - You keep saying "empty box" and I just don't see it. Where does it say the notes have to be in the possession of the REMIC? From what I read a simple contract interest in the mortgages are sufficient for a "qualifying mortgage" in a REMIC. 2010-10-04 22:36:11
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