By STEPHEN J. LUBBEN JUNE 26, 2017 The House passed a measure this month that would repeal Dodd-Frank’s orderly liquidation authority. Credit Susan Walsh/Associated Press At a time when news about Russia, health care, terrorist attacks and horrific fires dominates the headlines, it can be easy to forget that Congress continues to try to undo …
A Proposed Bankruptcy for Banks That Will Lead to Bailouts Read More »
It is NOT enough to ALLEGE standing. They must PROVE it. Judges across the country are making mistakes with this simple concept. Standing to SUE is presumed if you allege (in words or by incorporation of exhibits) that you have it. Possession of the “original note” can be alleged but at trial the foreclosing party …
PROOF OF STANDING REQUIRED: SEFFAR v. RESIDENTIAL CREDIT SOLUTIONS INC Read More »
Editor’s Note: And after Morgan Stanley takes the tax credits, it will have paid literally nothing for its fraudulent conduct. Stanley is to pay $400 million of consumer relief including repurchasing defective loans that it will resecuritize, doctor-up the docs and sell at a profit. Crime pays for Big Banks. Moves past 85% mark in …
Morgan Stanley nears $400 million in consumer relief for mortgage bond settlement Read More »
