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Category: marketing

FDIC "endorsements" of Note or "Assignments of Mortgage"

February 15, 2018

The FDIC does not want to get into the middle of a court battle over the validity of ownership claims etc. Most endorsements and assignments occurring while the estate of a failed bank is in receivership are of dubious validity and often outright fraud. Chase for example claims ownership of loans when it suits them but denies ownership — or any liability arising out of the loan ads service practices — when it would place Chase in a bad position. Let us help you plan your case narrative and strategy: 202-838-6345. Ask for a Consult. Register now for Neil Garfield’s

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Miami Sues JPMorgan Over Discriminatory Lending Practices

July 28, 2014

As further corroboration of the articles on this site and an infinite number of mainstream and not-so-mainstream sites, the banks sold mortgage bonds to investors under the presumption that the risk of loss was nearly zero. If done properly, securitization works. It gives a greater opportunity to more people to get home loan and other kinds of credit financing. And we now know that the primary target of many campaigns was to get new “customers” to take a loan (even if the bank wouldn’t give them a bank account) and in a huge number of cases consisted of those people

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AFTER THE SALE: PART I

June 9, 2010

Submitted by Charles Koppa. 6/9/2010 Editor’s Note: We are starting to look at events AFTER the sale has taken place and we are discovering a number of things: CREDIT BID: Only the Creditor can submit a credit bid. All others must pay actual money. If a non-creditor submitted a credit bid (essentially bidding the “amount due” which as we have seen from the FTC action against BOA is incorrectly stated) then the procedure has been violated, the sale has not legally occurred. At least that is my interpretation. Also the submission of a credit bid locks in the position of

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Identity Theft, Mers and Other Issues: Great Post from James

December 10, 2008

James Henderson, Nevada Editor’s Comment: At the heart of the entire mortgage meltdown is identity theft by the banks and investment banks. They take your identity, merge it with the identities of thousands of other people and sell it to investors under false pretenses leaving you holding the bag not knowing who to pay or if you still owe anything after the insurance, bailouts and cross collateralization.) Ripoff Report Verified Safe Who owns your house??? Forecasting the future of any market whether it’s real estate or the stock market requires good financial analysis and a little bit of luck. Not

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