A foreclosure database is only as "honest" as the people who coordinate, manage, and supervise the collation of the data which is entered in it.
The Florida election rolls are a 'database' too! No problems there! (snicker...) Undoubtedly 'those people' will be the same people who profited from the situation which created the NEED for a 'foreclosure database in the first place. Leigh "One does NOT sell the earth upon which the people walk" – Crazy Horse "They made us many promises, more than I can remember. But they kept but one - They promised to take our land...and they took it. -- Chief Red Cloud On Nov 29, 2007 8:50 AM, Charles Brown <[EMAIL PROTECTED]> wrote: > From: michael perelman > -------------------------------------------------------------------------------- > > A database would be very useful. An Ohio judge just ruled that > foreclosures were illegal because the forcloserers could not prove > that > they owned the property. > > ^^^^ > CB: My only concern is that if they use a data base to to help untangle > who owns > foreclosed properties, then they will know and prove who owns the > properties and the Ohio judge's type ruling will be gotten around , and > the foreclosures will go forward. In other words, we don't want them to > untangle who owns the property so the Ohio judge's type of ruling can be > gotten and effective in Michigan too. > > > ^^^^^^^ > > > > > > > Foreclosure help on the way > > > > > > Under fire for the explosion of failed mortgages that has led to a > national foreclosure crisis, lenders promised U.S. mayors in > Detroit on Tuesday that they will pay for credit counseling > hotlines and assemble a database to help untangle who owns > foreclosed properties. > > > Help on the way for who exactly? How is creating a database of > foreclosed properties going to help the unfortunate ex-homeowner? The > only ones who would benefit are vulture investors looking for cheap > properties and possibly neighbors who don't want a unmaintained lawn > to drive down their own property value. This is a disgrace. > -raghu. >
