Lender with REO's have some regulatory issues, but those are likely to be stretched in this cycle, if it unravels as expected.

It wasn't too bad dealing with them, but 2 days after the closing, they said the HUD was incorrect and demanded $1400 more or they would unravel the deal.

If this is a Fannie Mae or Freddie Mac underwritten mortgage, your bank contacts aren't going to help you unravel a (single) FNMA defaulted, securitized note. 

@Greg John wow, there’s a good bit to unravel here.

It just isn't right to do things that way and it would take too much time to unravel things.

That's a little too tangled to unravel via a forum post.

You could be sued, when you get sued your scheme unravels in court, the judge gets ticked off at your clever dealings and slams you with lending violations. 

I’ve purchase a house in Kihei that has 4 doors (main house 3bed/2 bath and 3 door with 1 bed/bath) it was listed as a house and when I visited the property i unraveled that there’s plenty of room to make an income, so keep an eye on those.

Paul has been hearing more and more of his friends talk about the need for a Sacramento ballot initiative aimed at blocking excessive greed from unraveling the fabric of their community."

Pizza boys all over the country start dumping properties back onto the banks as they can't pay for them and the effects ripple from there.I'm over-simplifying obviously but that's generally how I remember the loans being structured and how it unraveled.