View Single Post
Old 09-05-2009, 01:47 PM   #4 (permalink)
Social Apocalypse
Senior Member
  
 
Social Apocalypse's Avatar
 
Join Date: Mar 2009
Location: Washington State
Posts: 545
Nominated 0 Times in 0 Posts
TOTW/F/M Award(s): 0
Social Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond reputeSocial Apocalypse has a reputation beyond repute
Re: Anatomy of a Rescission with 3 yr extended right-I think this qualifies

Additionally: I feel my biggest challenge is NOT whether or not I have a valid rescission, I am 99% sure that I do. My challenge is Yamamoto... (which I know you know all about). It is my burden (Since we are going to file Ch 13) to figure out how in the world I will tender the rescission. My attorney won't even LOOK at until I can come up with the answer to that.
My plan is to find someone who would be unhappy if we foreclosed... I am thinking that the PMI provider MIGHT have an incentive to offer a committment to lend on our mortgage at a 40% LTV... But I have to call them and ask about that. I know that they already DO conventional mortgages... so I don't think it's that far-fetched of an idea. I hope I am write.
Social Apocalypse is offline   Share with Facebook