December 14, 2011

BANKS DEMANDING AMNESTY FROM NEW BUREAU FOR CONSUMER PROTECTION

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT FLAWED MORTGAGE ORIGINATION AT ISSUE EDITOR’S COMMENT: “If you don’t give us amnesty and allow us to claim value for these ‘assets’ on our balance sheet, we will collapse, and you will be responsible for the ensuing collapse of the financial system.” — …

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BANK AMNESTY ONE WAY OR ANOTHER

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT OCC REVIEW AND ACCEPTANCE OF PAYMENTS COULD WAIVE MUCH GREATER CLAIMS OF BORROWERS “But she also revealed in some instances, they would be final. In some cases, a borrower would not be able to bring future claims against the servicer if he or …

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Determined to Buy Foreclosure?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT PLATEAU IN FORECLOSURES? While foreclosures are indeed “Endless” sadly, they are not in a “Plateau”.  They are continuing and will continue to increase in the weeks, months and years ahead unless by some stroke of luck there are some massive changes all the …

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Fed President: Survival of the Fattest?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Apparently even some of the Federal Reserve Presidents see the writing on the wall. But with the NY FED having people like Jamie Dimon on the Board, you can hardly expect any action that wouldn’t be strictly for the banks, the …

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