by Wes Barnard HAMP to me is a trap. The banks actually cannot prove that you owe them anything since they have lost the documents and are now busy forging new ones. HAMP is just another refinance gimmick to establish once again that you owe the banks mortgage payments. If you push the banks for …
CLOUDED TITLES UPDATE: From Dave Krieger, working as a paralegal with the attorneys in the following situations: For those of you in Phoenix, two quiet title actions have been filed in the Maricopa County Superior Court and another is pending and should be filed shortly. Four quiet title actions have been filed in Washington State; …
Krieger Working Clouded Titles with Quiet Title Lawsuits Read More »
SUBMITTED BY CARRIE — SEE EDITOR’S COMMENT BELOW Has anyone seen this: http://forceyourlendertomodify.com/ Here borrowers with comparable homes in foreclosure exchange long-term leases at below-market rent. Then they rely on the tenant-protection law to stay in the homes and allow more time for modification. The theory is if a foreclosed home is leased at low …
USING TENANT PROTECTION LAW AS OFFENSIVE STRATEGY Read More »
Submitted on 2010/12/27 at 9:18 pm by Nelson J Velardo Neighborhood Preservation Act’. This is a great bill that would allow foreclosed homeowners to lease their properties back from the bank after a foreclosure sale. The homeowner could lease the property for up to 5 years, plenty of time to win litigation and get the …
LEASEBACK FORECLOSED HOME?: Neighborhood Preservation Act Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: This deal was probably easier than it looks. The big question is whether AIG will pursue its claim that the insurance contracts on which it paid were procured by fraud. Neither the “mortgage bonds” nor the “loans” that were “backing” the mortgage bonds …
AIG Mortgage Bond Insuror Gets $4.3 Billion in New Financing from 36 Banks Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: Optimism expressed by economists is being consistently banged, four months in a row now, by the hard facts. The reports are getting better while the facts get worse. Housing prices dropped again — a sign that nobody believes the government or market conditions …
HOUSING PRICES DOWN ANOTHER 1%: U.S. Consumer Confidence Deteriorated in December Read More »
