December 28, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary see MD Foreclosure INDEMNITY AGREEMENT EDITOR’S NOTE: WHETHER IT IS IN WRITING OR NOT, VIRTUALLY ALL TITLE INSURANCE UNDERWRITERS THAT ARE INDEPENDENT FROM THE MEGA-BANKS ARE ISSUING DIRECTIONS AND RESTRICTIONS REGARDING INSURING TITLE ON PROPERTY INVOLVING ANY ALLEGATION OF SECURITIZED MORTGAGES AND ESPECIALLY IF THEY …

TITLE UNDERWRITERS ISSUING RESTRICTIONS TO AGENTS ON SECURITIZED MORTGAGES Read More »

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: Wray has it right. This is the way it should turn out. And if the shoe was on the other foot it would happen because consumers usually take the hit. Yet it seems unlikely that this scenario will play out in the manner …

The Market Ticker – “Put It All Back” Gains Mainstream Credence Read More »

Posted on December 27, 2010 by Foreclosureblues Bank Slammed With Another Class Action By JOE HARRIS ShareThis ST. LOUIS (CN) – The seemingly endless string of class actions against Bank of America’s foreclosure policies continued here in Federal Court. The class claims that BofA and BAC Home Loans Servicing refuse to participate in foreclosure prevention …

BANK OF AMERICA/COUNTRYWIDE SLAMMED WITH HAMP CLASS ACTION BY ST. LOUIS HOMEOWNER FOR BREACH OF CONTRACT, UNJUST ENRICHMENT, FRAUD, AND NEGLIGENCE Read More »

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: This is why we should think before we speak and make sure we are using terminology correctly. This crisis will not be over until we realize that there are important differences between the obligation, the note, the mortgage, the mortgage bond, the CDO, …

Miami Herald: Collapse Had Nothing to Do With Defaults in Mortgages Read More »