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November 2, 2010

FANNIE, FREDDIE ENDS RELATIONSHIP WITH FLORIDA LAW OFFICES OF DAVID J. STERN

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

Hey Dave, that thing in your throat is called an order of disgorgement. Posted on02 November 2010. Tags: affidavits, assignment of mortgage, baron, djsp enterprises, fannie mae, files, foreclosure fraud, fraudulent documents, Freddie Mac, law offices of david J. stern plantation florida 33324, Tammie Lou Kapusta Fannie, Freddie Take Loan Files From Florida Law Firm …

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MO Attorney General gives homeowners tool kit to fight foreclosure

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

MO Attorney General gives homeowners “tool kit” to fight foreclosure Today, November 01, 2010, 59 minutes ago | ceramic cat FROM: http://kmox.cbslocal.com/2010/11/01/…t-foreclosure/ Kevin Killeen 11/1/2010 ST. LOUIS–(KMOX)–Missouri Attorney General Chris Koster is offering consumers facing foreclosure a way to fight back. Koster has compiled a “tool kit” of information on his website — including a …

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$100 million Class Action Robo Suit Against HSBC and Wells Fargo

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

jones v hsbc 09-2904rwt Maryland Reginald Jones is the lead Class Action Plaintiff in a Maryland case alleging robo-signed documents. The well-written complaint was filed by Jon D. Pels, Esq. Bar No. 11883 Lawrence J. Anderson, Esq. Bar No. 11390 Justin Reiner, Esquire Bar NO. 16403 Jennifer O. Schiffer, Esquire 4833 Rugby Avenue, 4th Floor …

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Fuzzy Numbers Behind Treasury’s AIG Bailout

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

Editor’s Note: Of course they are fuzzy. If you had just paid trillions of dollars on the say so of Hank Paulson, former Sec’y of treasury only to find out you paid for nothing, what would you do? If your answer is that you’d be honest about it you wouldn’t be, couldn’t be in government. …

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AMBAC: BOND INSURER GOING BANKRUPT — But It Need Not Be So!

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

“The securitization of debt was in reality a distribution of cash unsupported by any rightful claim to it.” EDITOR’S NOTE: Another unthinkable “counter-intuitive” part of the process of disintegration on Wall Street. AMBAC, whose business was insuring those alleged mortgage bonds that turned out to have nothing in them, is going broke. Like its competitor, …

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LET'S NOT BLAME THE BORROWER

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

Editor’s Comment: Kwak takes on the entire “immoral borrower” myth quickly and easily here. The worst you can say about the borrower is the best you can say about the banker who got us into this mess. www.baselinescenario.com Want more? Read 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. Written by James Kwak …

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ENFORCEMENT: IT DOESN'T TAKE A LOT OF DIGGING

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

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “For years these problems have been the focus of research reports, Congressional testimony and court cases. Regulators, however, looked the other way, which is how we got into the mortgage mess.” “Take, for example, underwater borrowers — the millions of Americans who owe more on …

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