The Tender For Law

Volume 6

Jun 28, 2014 12:47 AM

CJ ML

Yes, once the obligation is met you have a right to the commercial paper / promissory note etc. unfortunately, in the case of the mortgage swindle they never made a legally enforceable negotiable instrument on the loan. It was backed but chopped up and sold as a commercial security / derivative. If the bank refuses to produce the original note or contract they can be prosecuted.