COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “The Courts of Florida Belong to the People of Florida” –Chief Justice Charles Canady Following reports that Judges were closing their courtrooms to the public after getting increasingly uncomfortable with potentially embarrassing errors and outright bias, Chief Justice Canady has ordered corrective measures. The action …
Editor’s Note: Bid Rigging is exactly what is happening at the steps of every foreclosure action involving so-called securitized loans. Here BofA admits it but not for home foreclosures. The party submitted the non-cash bid (called a credit bid) is not the creditor, and the title is transferred to yet another party who is also …
Bank of America Pays $137 Million in Bid-Rigging Case Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Last 2010 Workshop: December 11 Sacremento CA 50 Seat Maximum Register NOW!!! Editor’s Note: The keystone of leverage that the pretender lenders have been using is that there is a general practice (which incidentally is completely necessary) of accepting the lawyers’ representations as true on basic …
From Baseline Scenario.com ” “It turns out that the biggest friction in bank funding is not one that is “inherent” in the banking system or in funding more generally, something unavoidable and found “in nature,” like the wind. The main friction is the result of government policies. That would not be so bad if these …
What Jamie Dimon Won’t Tell You: His Big Bank Would Be Dangerously Leveraged Read More »
see also SIMON JOHNSON (FORMER IMF ECONOMIST) — YES THE ANSWER IS YES: EDITOR’S NOTE: It doesn’t really matter who you ask. Whether they are from one political ideology or another. The answer is obvious: The mega banks are too big to govern themselves, they are too big to regulate, and so they are the …
