Picketers storm banker's homes, get re-set mortgages.

[dixiegrrrrl]

http://www.nypost.com/seven/02102009/business/bank_on_change_154314.htm

[DCKit]

1. Hadn't though of it before, but what if they CAN'T refinance many of these mortgages?

Many of these mortgages have no clear line of ownership. For these banks to refinance them, they'd first have to prove they owned the paper.

Any bank that might attempt to refinance the packaged, sold and resold paper might only be letting themselves in for a charge of fraud as their former shenanigans became ever more clear whilst trying to appease the beast that is U.S..

This could get interesting.

[dixiegrrrrl]

2. Several foreclosure cases thrown out of court for just that reason.

Read about it a few times...
google news at this point, prolly.

[JoDog]

3. That's why

the first thing a person facing foreclosure should do is demand to see the original paperwork. Even if the bank can find it, it usually will slow things down by a few months.

[notesdev]

4. This is called a lynch mob

and it couldn't happen to a nicer bunch of folks