February 14, 2011

BKR Judge Finds MERS Has No Right To Transfer Mortgages, Finds Entire MERS Process Illegal

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary STATUS OF 50% OF ALL MORTGAGES NOW QUESTIONABLE BLOOMBERG: U.S. Bankruptcy Judge Robert E. Grossman in Central Islip, New York, in a decision he said he knew would have a “significant impact,” wrote that the membership rules of the company’s Mortgage Electronic Registration Systems, or …

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WHY THEY WON'T HELP UNLESS YOU ARE DELINQUENT

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The question has been asked by so many readers that I figured I would give them my answer on the subject in an article. The first reason why the pretender lenders won’t help you unless you are delinquent or in default on your payments is …

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UNITY OF ALL BORROWERS: NOW EVERYONE IS FEELING THE PAIN

Housing Crash Is Hitting Cities Once Thought to Be Stable Few believed the housing market here would ever collapse. Now they wonder if it will ever stop slumping. The rolling real estate crash that ravaged Florida and the Southwest is delivering a new wave of distress to communities once thought to be immune — economically …

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Blow the Whistle!

Blow the Whistle! blowthewhistle On December 22nd, in the face of seemingly unanimous bipartisan support, the Whistleblower Protection Enhancement Act (Bill S.372) was killed at the last minute when a mystery Senator placed what’s called an anonymous hold on the bill. This bill had already been passed by the Senate earlier in December and by the House …

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