MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: The race is on — who is going to be the first attorney general to bring the major banks to their knees begging for amnesty instead of demanding it because they are too big to fail? Any politician with future ambitions …
CA AG SUBPOENAS FANNIE AND FREDDIE TO FORCE RELIEF FOR HOMEOWNERS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: The decision is somewhat scrambled but the basis for it is well-defined in the law. An agent CAN bring an action on behalf of a principal as long as they disclose what they are doing. If you had a bookkeeper, theoretically …
MICHIGAN SUPREME COURT: NO TO MERS, YES TO SERVICERS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “The indictment alleges that both defendants directed the fraudulent notarization and filing of documents which were used to initiate foreclosure on local homeowners. The State alleges that these documents, referred to as Notices of Default, or “NODs”, were prepared locally. The State alleges …
BOMBSHELL- NEVADA ATTORNEY GENERAL RELEASES MASSIVE INDICTMENT Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: The Courts are bending toward the borrower. Here the homeowner alleged in an affirmative defense that they had not been giving proper notice of default and therefore the foreclosure was at the very least premature. But the Court, instead of leaving …
FLA 2D DISTRICT: LACK OF NOTICE AFFIRMATIVE DEFENSE GIVES RISE TO MATERIAL ISSUE OF FACT Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE ““The real issue here is that some of the lenders with fraudulent or poorly documented or undocumented mortgages want to use the HARP program to relieve themselves of the risk tied to their bad lending decisions,” Mark Herr, a spokesman of New York-based …
BLOOMBERG: AIG SAYS NO TO INSURING DEFECTIVE MORTGAGE BONDS Read More »
