May 11, 2011

MERS SUED BY HOMEOWNERS FOR $100 MILLION IN MICHIGAN

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM PLAINTIFFS USING DATA OBTAINED FROM LIVINGLIES/LUMINAQ SEE LIVINGLIES/LUMINAQ COMBO TITLE AND SECURITIZATION ANALYSIS EDITOR’S NOTE: It’s really very simple. The securitizers on Wall Street decided that MERS had the least amount of assets so it was a remote vehicle that would not kick back to them if the foreclosures …

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GOLDMAN SACHS HIT WITH MORE SUBPOENAS ON ABACUS DEALS

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Investigations Launched on Wrongdoing Despite “Settlements” EDITOR’S ANALYSIS: Maybe there actually is some understanding starting to surface at U.S. regulator’s offices. Certainly the activity in EURO-land shows that our friends across the pond don’t buy the excuses or spin that Goldman and others have been spitting out through their …

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HOUSING MARKET TAKES ANOTHER HIT AS JUMBO GUARANTEES ARE REDUCED

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM More Foreclosures, Higher Inventory of REO Homes Expected EDITOR’S NOTE: The beat goes on. While there can be philosophical differences as to the government giving guarantees on high-priced homes, there can be no doubt that the government is continuing to ignore the basic fallacy of the housing market today …

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BANKS SENDING IN REPUBLICAN TROOPS TO HAMSTRING WHISTLEBLOWERS

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: The megabank lobbyists are at full throttle trying to prevent people who actually know what was done, who did it, and the intent of the banks as they try to sustain the fiction of of their current balance sheets and the fraud involved in nearly all foreclosures. …

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COSTS AND PRICING ARE INCREASING ON TITLE AND SECURITIZATION SEARCHES

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM As the efforts to drill down to the loan level get stickier, the amount of time required to get the right information is also increasing despite increased automation of part of the searches. The pretenders have gone to great lengths to conceal the actual money trial, which we are …

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