Oh wait…. they did!
It appears as though many loans and other mortgage-related assets have been double and even triple-pledged to various constituencies.
Boa Answer to Freddie Objection in Re Taylor Bean & Whitaker Mortgage Corp.
And here I thought that all the missing paperwork and “re-created” foreclosure documents were all a mistake, and not an attempt to cover up something nefarious that happened earlier? FULL STORY