December 27, 2010

STATE AND LOCAL GOVERNMENT WILL START DEFAULTS ON BONDS IN MID-2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: This is going to happen for many municipal, county and state government obligations, having a far reaching effect as people awaken to the severity of the current economic crisis and the fact that this time is different from all other times. Officials in …

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Fannie Mae, Freddie Mac and Government Sponsored/Owned Entities in the Title Chain?

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: The piece below is a cut and paste from the FNMA site without any editing. The latest round of finger pointing has put Fannie and Freddie in the path raising even more obstacles to identifying the creditor, and the holder of any right …

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Leslie Seidman: Lighting Up a Dark Room at the FASB

Leslie F. Seidman Chairman, FASB EDITOR’S COMMENT: You probably don’t know the name Seidman, much less  Leslie Seidman. But back in the 1960’s when the accounting rules were first being changed (causing Briloff to write the book Unaccountable Accounting), the Seidman accounting firm was one of the few who understood the significance and moral hazard …

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FLORIDA BAR PLANS FREE FORECLOSURE SEMINAR FOR LAWYERS AND JUDGES

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary ALL HANDS ON DECK!!!! According to the Florida Bar News, they are now working on a CLE course that will be 3.5-4.0 credits without charge, and JUDGES and LAWYERS are going to be encouraged to attend. Terry Hill is the director of the Bar’s Programs …

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EXPERTS TAKE NOTE: BOND INSURER WINS KEY RULING AGAINST BOA FOR FRAUD

REUTERS: MBIA wins key ruling in Bank of America case STATISTICAL SAMPLING APPROVED AS EVIDENCE FOR WHOLE CASE Two states sue Bank of America on mortgage servicing Fri, Dec 17 2010 UPDATE 4-Two states sue Bank of America on mortgage servicing Fri, Dec 17 2010 UPDATE 2-U.S. SEC expands mortgage probe – sources Fri, Dec …

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