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September 23, 2010

Funds Seek Countrywide, Bear Stearns Home Mortgage Buybacks $11.6 billion

13 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

SERVICES YOU NEED Investors face an “obstacle course” of challenges in attempting to get banks to repurchase loans that failed to match their description in bond documents, Grais said bondholders said they have the power to order the trustee for the securities to start probes because the investors own 25 percent of the debt in …

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THE WAY TO WIN

20 Comments / foreclosure / By

SERVICES YOU NEED submitted by Jose Semidey EDITOR’S NOTE: The readers of this blog will find themselves in agreement with most everything Jose says. The question is when will we say “enough!” There was nothing radical about restoring stolen property and money to their rightful owner  — until this mortgage mess. I would add that …

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