Rule of law

Reader comment on: Second Liens and Firsts

Submitted by ben (United States), Mar 17, 2011 11:02

It seems that if the rules change and second mortgages are treated as first, that is a change in the rule of law that would greatly favor banks (which hold the second mortgages) over investors who hold the firsts. Changing the rules at this point is undermining the rule of law, not the other way around.

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Other reader comments on this item

Title By Date
Follow The Money [67 words]MooseMar 17, 2011 18:28
⇒ Rule of law [56 words]benMar 17, 2011 11:02

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