November 12, 2010

National Media Takes Aim At Jacksonville Foreclosure Court

Editor’s Note: Unconfirmed reports say that McCollum is looking for a job in the banking sector. National Media Takes Aim At Jacksonville Foreclosure Court By Adam Kirk – Morning News Producer @ November 12, 2010 6:54 AM Permalink | Comments (3) An article in Rolling Stone Magazine hits newsstands this morning, taking aim at Jacksonville’s …

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CROWDSOURCING: Blog Readers Getting Together To Hunt Down The PARDON BILLS

I’m impressed. A lot of people have hooked onto the MERS bill and the 5% Exemption Bill and they are looking for some help from the main bloggers on this subject. So here is my take on some things to keep in mind: It doesn’t matter which blog you post your information or findings on …

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5% SOLUTION: BANKS FRANTIC FOR PARDON (EXEMPTION)

LIVINGLIES—GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The pretender lenders have lots of problems. But there is one HUGE problem that is floating up to the surface that could cost them somewhere between $650 BILLION and perhaps three time that amount. The Dodd-Frank Bill has a requirement that the …

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Obama – The Foreclosure Presidency — 11 MILLION MORE FORECLOSURES

From capecodtoday.com Obama – The Foreclosure Presidency 11/10/10 · 12:14 pm :: posted by trb ShareThis Eleven million homes will be foreclosed between today and 2015. Forty-four million men woman and children, more people than reside in most states will lose their homes. Obama has Sided with the Banks and the Republicans on this Issue. In Other Words, …

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Wall Street Journal: Mortgage Lenders Set Back in Courts Across the Country

BY RUTH SIMON, ROBIN SIDEL AND NICK TIMIRAOS The push by mortgage companies to accelerate the snarled foreclosure process is running into resistance from judges who are cracking down on sloppy paperwork. In Florida, a state-court judge has begun forcing lawyers to defend fees charged to borrowers by law firms. Maryland’s state appeals court told …

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AP: Bypass of County Fees Sets MERS Liability at $60 Billion+

“Assuming each mortgage it tracks had been resold, and re-recorded, just once, MERS would have saved the industry $2.4 billion in recording costs, R.K. Arnold, the firm’s chief executive officer, testified in 2009. It’s not unusual for a mortgage to be resold a dozen times or more. The California suit alone could cost MERS $60 …

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AZ PRO SE LITIGANT DRIVING BONY CRAZY

LIVINGLIES—GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary 11.10.10 B OF NY MELLON AZ BK -Fourth-Amended-Complaint[1] see also HEAD BKR JUDGE IN AZ JUST RULED BONY MEL One of the interesting things about this particular litigant is that he has a combination of factors in which the pretender lender side …

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