EDITOR’S COMMENT: This strategy has been used for the last 30 years that I know of. I am constrained to say that what they are doing exposes them to some risk. On the other hand, there are many ways of not giving up and at the same time not paying. I make no suggestion that …
submitted by Rueben Nieves It has been awhile since I posted this analysis that outlines the unconstitutionality of a power of sale provision in a mortgage contract by federally chartered bank corporations created for public and national purposes. Although several appellate courts concluded that it was constitutional none have weighed the issue against several Supreme …
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: The effort to choke off payments to WikiLeaks is being defended by some as an act of patriotism, protecting the state secrets of our government. BOA wold no doubt say that it is merely cooperating with the government. But my guess is that …
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE TheMomentofTruth12_1_2010 “Last week, reports Shahien Nasiripour of The Huffington Post, all four Republicans on the commission voted to exclude the following terms from the report: “deregulation,” “shadow banking,” “interconnection,” and, yes, “Wall Street.” EDITOR’S COMMENT: Krugman’s opinion piece is right on point, but it’s …
EDITOR’S COMMENT: The fundamental facts are that 40% of our GDP is pure vapor and the world knows it. That is the amount that the financial sector “contributes” to the measurement of our economic activity. What does that mean? It means that Where Wall Street once had climbed to the dizzying heights of 16% of …
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE ALSO MERS 1997 ANNOUNCEMENT OF SERVICES ADMITS EVERYTHING “U.S. regulators have opened a new line of inquiry in their mortgage foreclosure probe and are asking big Wall Street banks about the beginning stages of mortgage securitization,” EDITOR’S ANALYSIS: THIS IS THE NUCLEAR OPTION AND …
