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The 1677 Statute of Frauds: History We Neglect at Our Peril

The 1677 Statute of Frauds: History We Neglect at Our Peril

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Now consider the impact of MERS (might as well be word of mouth), robosigners (corrupt process), dubious affidavits (perjury), neglect of the paper trail (sheer anarchy), and Florida courts that systematically favour some testimony (that of banks) over that of other participants in the foreclosure process.

We have been here before: that is the UK, pre-1677. Your servicers, robo-signers and the rest of the merry crew of crooks are set fair to unwind a third of a millennium’s worth of contract legislation that is key to the functioning of your economic system.

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