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Loan Modification

: Mortgage Lender Implode-o-Meter

action-alert-is-pres-obamas-pocket-veto-on-h-r-3808-possibly-ineffective

By Implode-Explode Heavy Industries

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The word is out that Pres. Obama?s pocket veto of the Digital Robo-Signing Act was actually a trick. Sen. Harry Reid didn?t actually adjourn the U.S. Senate. The Senate has been kept in session by a little understood ruse and the bill will become law tonight at midnight without the President?s signature. The big banks will file suit after the election to have this bill declared to be law.

Article I, Section 7 of the U.S. Constitution seems to support this view.

Some drunken bankers were already bragging about this an some major news outlets, including Fox News have reported on this.

Full post as published by Mortgage Lender Implode-o-Meter on October 08, 2010 (boomark / email).

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