October 21, 2011

Bank Auditors on Hot Seat Over Mortgage Accounting

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: Seems boring, doesn’t it. All those numbers and columns. But here is actually where the rubber meets the road because the difference between what the banks  SAID they were doing and what ACTUALLY happened with the money is the like night …

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SEC SETTLEMENT WITH CITI? NOT SO FAST

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: The Justice Department and Judge Rakoff have something in common: they don’t like “settlements” that amount to sweetheart deals where the defendant neither admits nor denies wrongdoing. He believes that this obscures the truth and makes it all the more difficult …

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GROWING NUMBER OF EVICTED HOMEOWNERS REGAIN HOME AND TITLE

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: As the title problems roll in like a storm surge, and the evidence mounts that many if not most of the foreclosures were wrongfully procured, homeowners are finding inventive ways to challenge the wrongful foreclosure, get back into the property and …

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