SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM ARE WE READY TO BE COLONIZED AGAIN BY EUROPE OR CHINA? EDITOR’S COMMENT: There is little doubt amongst economists and financial experts that the repeal of Glass Steagel opened the door to a replay of 1929 and that of course is exactly what happened. Even the most unsophisticated person …
YOUR LOSS EQUALS BANK PROFIT EQUALS EXECUTIVE BONUSES Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL NOTE: Everyone seems to want to see real estate moving. Buying and selling of real estate gives a warm and fuzzy feeling to those involved in the marketplace. Buyers are sweeping up bargains, much like we saw in the late 1970’s. But what are they buying? And who …
BUYERS IN FLORIDA GETTING TITLE NIGHTMARE BARGAINS Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: Apparently the Europeans have no difficulty in seeing the weakness of large banks and the imminent systemic threat of the megabanks to the financial system. They are ready to raise capital requirements to make the banks put up or shut up to show that they are viable. …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: I sat on this story for a while checking out some facts. Words alone can’t describe my reaction to this. They were called “liar’s loans” because the no-doc loans were intended to be approved regardless of actual income. Under TILA and industry standards for underwriting loans, the …
DOJ JAILS BORROWER WHILE MOZILO AND OTHERS SETTLE Read More »
