In this audit our analysis takes the amount paid as down payment by borrower and HUD I amount shown added to the county recording number for land and Condo C&R recording number. Each preexist the former
What does that have to do with anything in a foreclosure ?
Nothing . . .other than equal the value of the note at $586,000 and amount shown in default by SPS . Its called fictitious foreclosure using a contrived basis in assets to reconstitute zero .
Recall all foreclosures go down at zero under CFR 1.751
EXHIBIT FOR DISCOVERY
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