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September 8, 2008

Mortgage Meltdown: Social Unrest begins to surface

Leave a Comment / CDO, currency, Eviction, foreclosure, GTC | Honor, Mortgage / By

Take away a person’s home and you strike a blow to their hearts. Movements like this will likely increase until real relief occurs for borrowers. So far, we have seen relief for investors, investment bankers, banks etc. — anyone with big money and a lot of clout. But individuals, banded together, have far more clout …

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Foreclosure Offense and Defense: Lis Pendens, Usury and California Exemption for "Banks"

6 Comments / CDO, currency, Eviction, foreclosure, GTC | Honor, Mortgage / By

LIS PENDENS — see usury, Temporary Restraining Order, Lawsuit, Burden of Proof (1) Latin for “a suit pending.” The term may refer to any pending lawsuit. (2) A written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice …

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