BackYard MacGyver receives Eviction Notice!!

BackYard Macgyver has received an Eviction Notice from the Carlyle Investment Group claiming ownership of his house. The Carlyle Group claims to have taken title of the house as part of a Collateralized Debt Obligation (CDO) investment that it bought through the Mortgage Electronic Registration System (MERS). Salem Bin Laden, spokesman for the Carlyle Group, says that the Dubai based Carlyle Group has decided to foreclose on all homes in its US investment portfolio that it has title to from the Mortgage backed security investments that it has. Bin Laden says it is not the Carlyle Groups fault that Americans were stupid enough to allow their banks tell sell off the home mortgage investments to foreigners without the proper title paperwork. The Carlyle Group announced it plans to turn all the properties into rental units to increase the revenue of investments. The paperwork received by BackYard MacGyver states the previous home owner of all homes in foreclosure has first "dibs" on becoming the new rental tenant. Although US banks have frozen foreclosure actions on all the Mortgage backed securities fraudulently run through the MERS, foreign investors are not bound to such obligations. Federal courts say that they can foreclose at will.

BackYard MacGyver says he will fight this with all his improvisational skills and not leave the property. He says the Carlyle Group will get his keys when they pry them from his cold dead fingers.

Updates will follow.

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