Inside The World Of Investors’ Injustice – Part II
In 2006, USA Commercial Mortgage, a direct real estate lender financed by 3,000 investors whose investments were secured by property deeds, filed for bankruptcy. U.S. District Court Judge Robert C. Jones denied standing to all 3,000 lenders/investors, thereby wiping out their secured $600 million in assets. Donna Cangelosi, the secured property lenders’ spokesperson, discovered that […]