May 17, 2010

WHY VERY FEW MODIFICATIONS AND SHORT-SALES ARE APPROVED

EDITOR’S NOTES: BASICALLY IT IS ABOUT MONEY: Investment Banks make more money as long as the loans are non performing All the other intermediaries make more money while the loans are non-performing The details of securitization as a scheme to defraud investors and borrowers are kept under wraps Insurance is only paid on loans that …

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SECURITIZATION If They Did It Right

SECURITIZATION If They Did It Right Sometimes it IS easier to prove a negative than a positive. Your opposition has far more facts than you do and in due process, should be required to prove them up into a prima facie case using real evidence from competent witnesses, with real documents that nobody played with …

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