A PSA (Public Service Announcement) aboutPSAs (Pooling and Servicing Agreements)
I recently saw a book review/ interview in which the author stated that Mortgage Backed Securities have been around since Mitt Romney's father, George Romney, was involved in one of the first mortgage backed securities. I was also reviewing HUD regulations and loan modifications and ran across modification programs in the early 1990's. Apparently, Mortgage Backed Securities have been around forever and are not necessarily the root of all evil. At some point Mortgage Backed
Another Public Service Announcement: Answer the Complaint
The complaint in Ohio has a Summons attached to the front of it and both the Summons and Complaint are served upon the Defendant to begin the civil action. The Ohio Supreme Court provides the standard form for the Summons to be used by the Ohio Courts of Common Pleas. The Summons contains the following language:
You have been named a defendant in aforeclosure complaint. You are hereby summoned and required to do the following:
1. Within 28 days after service of this su
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