April 29, 2011

BLOOMBERG: BOA TRYING DIVIDE AND CONQUER STRATEGY

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “By keeping the servicers at the head of the line, the illusion of securitization is maintained. That illusion serves as the basis for assuming there is a legitimate debt that the borrower is refusing or can’t pay. Without the illusion, and sticking with the facts we have an obligation …

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TRUSTEE HAS NO WITNESSES WHILE SERVICER PURSUES FORECLOSURE

submitted by Anonymous Most often Deutsche Bank is the trustee — not the servicer. In cases where the trust is named as plaintiff — ABC trustee for “certificate holders” to XYZ trust — they are the named plaintiff — not the servicer. But, it is actually the servicer that is proceeding against you. If goes …

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OCC Head John Walsh needs to resign

submitted by anonymous reader Regulatory agencies exist to protect the public, not the corporations they regulate. The head of the Office of Comptroller of the Currency doesn’t seem to understand that. But that’s not why John Walsh needs to resign. The OCC was created to stabilize the economy, make it easier to conduct trade, and …

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LOOK BEFORE YOU LEAP INTO MASS JOINDER LAWSUITS

Important update from Max Gardner below: From: O. Max Gardner III Wed, Apr 27, 2011 Subject: Mass Joinder Cases To: Boot Camp Attorneys Court Documents In ‘Mass Joinder’ Contingency Fee Lawsuit Suggest One Attorney May Be Pocketing Upfront Fees From Clients Without Telling Co-Counsels Posted: 26 Apr 2011 09:03 PM PDT Court documents filed in …

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