November 29, 2010

Code Compliance Nuisance Properties Overwhelm Cities and Towns

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s Comment: Just like the bogus foreclosures that preceded them, the banks say they own the REO property they acquired with an illegal credit bid but they don’t want to REALLY own it and be responsible for code compliance utility bills and all that fun …

Code Compliance Nuisance Properties Overwhelm Cities and Towns Read More »

US TRUSTEES ATTACKING PRETENDER LENDER STANDING IN MLS

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary In his experience, Mr. Shaev said: “The attorneys who represent the banks invariably state that they will get the collateral file for us and prove that the banks had possession of the documents at the appropriate time. But then when we review the file it …

US TRUSTEES ATTACKING PRETENDER LENDER STANDING IN MLS Read More »

FED SEEKS CHANGE IN RESCISSION RULE

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The Truth in Lending Act from 1968 gives borrowers the “right of rescission,” the ability to undo a home refinancing or home equity loan within three years of the closing if the lender did not make proper disclosures — generally of the loan amount, interest …

FED SEEKS CHANGE IN RESCISSION RULE Read More »

USING RESCISSION AS A PROCEDURAL TOOL

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The most persistent problem facing homeowners today is that in any challenge to the apparent “lender” there are presumptions that arise in the mind of the court in favor of the supposed creditor and against the homeowner. Using rescission as a procedural tool, along with …

USING RESCISSION AS A PROCEDURAL TOOL Read More »

ELEPHANT IN THE LIVING ROOM: $600 Trillion of What?

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary At the core then is a simple question: which is more important — people or money? I thought the United States Constitution made that clear and gave Americans the 2d, 4th, 5th, 9th and 14th Amendments to make sure they could enforce it. But now …

ELEPHANT IN THE LIVING ROOM: $600 Trillion of What? Read More »

Scroll to Top