Oh my - Here comes the Investors and Pension Funds - NOT Happy! Invested in Fraudulent Mortgages From those BIG Wall Street Banks?! Underwriting FRAUD Also! Can We all Say "Attorneys are going to have a Field Day" with Wall Street!

This is going to be a Rabbit Hole that Does NOT End!  The amount of Class Actions coming from all of this... Well... It sure will be interesting.

I have to Say..................... I WONDER..... HOW MANY LARGE CLASS ACTION FIRMS ARE KICKING THEMSELVES NOW?  BECAUSE WHEN I WAS CALLING THEM ALL LAST YEAR AND THE BEGINNING OF THIS YEAR - NONE OF THEM WERE INTERESTED IN TAKING ON MERS! 

Imagine, if they would have LISTENED TO Me and Others!  They would be the FIRST in the door, right now and have the paperwork together!

Well, back to Now!  Seems Pension managers and Investors are None too Happy with Wall Street and the Fraud they have sold them in Trillions of Dollars!

I am sure many Class Action Firms are looking that this and are savoring the amount of litigation that will be coming from this MESS Wall Street has Created, All based on FRAUD!

Portion:

Pension funds and other investors who have suffered losses on mortgage-backed securities could have a "strong legal basis" to call into question the very securitized mortgages they purchased stakes in, increasing the pressure facing large Wall Street firms that packaged these securities during the housing boom, a prominent mortgage bond analyst said Thursday.

Wall Street firms have packaged and sold trillions of dollars in mortgage-linked securities this decade. But in their rush to push paper through various levels, from the firm giving homeowners a mortgage ultimately to the investor, shortcuts were likely taken due to the large volume at play. More than $4.4 trillion in mortgages not guaranteed by the federal government were bundled into securities and sold to investors from 2003 through 2007, according to Inside Mortgage Finance, a leading trade publication and data provider.

Here is a video about the Underwriting FRAUD PURPOSELY DONE BY THE WALL STREET BANKS AND SOLD TO PENSIONS AND INVESTORS!

Latest complete updates and past information - Everything About MERS and the Foreclosure Fraud - How to Fight a Foreclosure - At this Link!