May 9, 2011

PHANTOM ASSIGNMENT AT LOAN CLOSING

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM IN law school we are always told to start at the beginning, although few practitioners actually do that ,since they THINK they know at a glance the nature of the transaction. Consider the usual “loan closing” where a securitization scheme is in operation. It is a “table-funded loan” which …

PHANTOM ASSIGNMENT AT LOAN CLOSING Read More »

NC APPELLATE COURT: POSSESSION OF NOTE IS NOT ENOUGH

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM FORECLOSING PARTY MUST BE HOLDER OF VALID DEBT 5.09.2011-North-Carolina-Appeals-Court-Decision[1] North Carolina Appellate Decision Raises New Chain of Title Issue Today, May 09, 2011, 8 hours ago | Yves Smith A potentially important North Carolina appeals court case, In re Gilbert, has not gotten the attention it warrants. In very …

NC APPELLATE COURT: POSSESSION OF NOTE IS NOT ENOUGH Read More »

WHERE'S THE BEEF? FORECLOSURE FRAUD WORKING BUT THE BANKS SHOULD BE CAREFUL WHAT THEY WISH FOR

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM It does not appear that the banks are actually all that worried about losing foreclosure cases. If you do the math, they have a pretty good business plan. More than 95% of all victims of foreclosure fraud simply do not know they are victims, are worn out, demoralized and …

WHERE'S THE BEEF? FORECLOSURE FRAUD WORKING BUT THE BANKS SHOULD BE CAREFUL WHAT THEY WISH FOR Read More »

WHISTLEBLOWER SUITS IDENTIFIES FRAUD IN AIG BAILOUT: FOLLOW THE MONEY, NOT THE PAPER

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S ANALYSIS: Don’t get intimidated. This is actually very simple. The Federal Reserve window and other “facilities” were made available to the tune of $7 TRILLION dollars (half of the debt ceiling in its current form) in order to ease the liquidity problem. The belief was that by saving …

WHISTLEBLOWER SUITS IDENTIFIES FRAUD IN AIG BAILOUT: FOLLOW THE MONEY, NOT THE PAPER Read More »

COCHRANE: DETAILS ON THE DEPOSITORY TRUST COMPANY

DTC FED NSS, THE (3380749) 12/05/2000 -NEW YORK NY Domestic Entity Other Domestic Entity Other Domestic institutions that engage in banking activities usually in connection with the business of banking in the United States Important Notice Fixed Income Clearing Corporation NSS=National Settlement Service THE DEPOSITORY TRUST COMPANY Assessment of … settlement day, DTC, as “Settlement …

COCHRANE: DETAILS ON THE DEPOSITORY TRUST COMPANY Read More »

Scroll to Top