FYI, every pretender defender and mortgage victim should read the UCC Permanent Editorial Board comments from November 2011 regarding security in mortgages:
The upshot: almost ANYBODY with a modicum of proof can enforce (foreclose) a mortgage loan. This shoots a silver bullet into the brain of assignment, standing, and securitization arguments.
Get used to it.
Can you solve mortgage problems with bankruptcy or loan mod?
Why get a loan modification when you know the interest rate will bump up after 5 years? The overall cost of a loan mod far exceeds the cost of a mortgage examination that you can use to negotiate a settlement or sue your crooked lender.
Why do bankruptcy when you have to pay the arrearage within 5 years?
HOW WILL YOU AFFORD THAT?
Only one practical way exists to solve mortgage problems: