AIG

PTSD: A Breakdown of Securitization in the Real World

By using the methods of magicians who distract the viewer from what is really happening the banks have managed to hoodwink even the victims and their lawyers into thinking that collection and foreclosure on “securitized” loans are real and proper. Nobody actually stops to ask whether the named claimant is actually going to receive the …

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Why Fabrications? Why Forgeries?

In an increasing number of foreclosure cases, homeowners are going head to head with the lawyers who file claims on behalf of entities on the basis of fabricated and/or forged instruments that in many cases were also recorded in county records. Lawyers like Dan Khwaja in Illinois are getting clearer and clearer about it. They …

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Fear of Unraveling the Truth: Is the Fed Running Interference for the Banks

CHECK OUT OUR DECEMBER SPECIAL! What’s the Next Step? Consult with Neil Garfield For assistance with presenting a case for wrongful foreclosure, please call 520-405-1688, customer service, who will put you in touch with an attorney in the states of Florida, California, Ohio, and Nevada. (NOTE: Chapter 11 may be easier than you think). Editor’s …

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Are You Kidding? AIG to Join Suit Against Goverment for Bailout Terms

CHECK OUT OUR DECEMBER SPECIAL! What’s the Next Step? Consult with Neil Garfield For assistance with presenting a case for wrongful foreclosure, please call 520-405-1688, customer service, who will put you in touch with an attorney in the states of Florida, California, Ohio, and Nevada. (NOTE: Chapter 11 may be easier than you think). Editor’s …

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BOA Deathwatch: $2.43 Billion Settlement — Tip of the Iceberg

“If we know with certainty that misrepresentation to investors lies at the heart of the so-called securitization scheme, why is it so hard for Judges and lawyers to believe that misrepresentation to homeowners lies at the heart of the origination of the loans that were the most important part of the securitization scheme? In fact, …

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Banks Trying to Get Bill Through Congress Protecting MERS

Editor’s Comment: It is no small wonder that the banks are scared. After all they created MERS and they control MERS and many of them own MERS. The Washington Supreme Court ruling leaves little doubt that MERS is a sham, leaving even less doubt that an industry is sprouting up for wrongful foreclosure in which …

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Pension Fund Bangs Goldman for $26.6 Million

Editor’s Note: The allegation was that the Pension Fund was misled into buying securities backed by risky mortgages from the now defunct New Century Financial. The importance of this is that it corroborates what we have been saying all along. The pension funds were required by law to invest in “stable” funds which means in …

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It's Down to Banks vs Society

Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – …

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Fine Print: The Real Story on the "$25 Billion" Multistate Settlement

Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – …

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State Programs with Real Money Going Unused

Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – …

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How the Servicers and Investment Banks Cheat Investors and Homeowners

Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – …

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BOA DEATHWATCH: CLASH WITH FANNIE MAE INCREASES BUYBACKS OF LOANS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “Mortgage guarantors such as MGIC Investment Corp., Radian Group Inc., and American International Group Inc.’s United Guaranty have been voiding policies for errors including inflated appraisals or borrower incomes.” EDITOR’S NOTE: DOUBLE STANDARD: The insurers are dropping coverage because the mortgage was a …

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BLOOMBERG: AIG SAYS NO TO INSURING DEFECTIVE MORTGAGE BONDS

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 …

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GLOVES OFF? Massive Wave Of Lawsuits To Be Filed By The US Against America's Biggest Banks

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE ANOTHER BANK BAILOUT??? Massive Wave Of Lawsuits To Be Filed By The US Against America’s Biggest Banks As Soon As Tomorrow Submitted by Tyler Durden on 09/01/2011 22:30 -0400 FROM www.zerohedge.com American International Group BAC Bank of America Bank of America Citigroup Countrywide …

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Details in New York: Devil is in the Foreclosure

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Submitted by “One Observer” o Why would a non-performing loan be transferred into a Trust nearly 16 months AFTER the Trust’s closing date? o How many other mortgages were not deposited in accordance to this Trust’s Pooling & Servicing Agreement? o And if …

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WHISTLEBLOWER SUITS IDENTIFIES FRAUD IN AIG BAILOUT: FOLLOW THE MONEY, NOT THE PAPER

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S ANALYSIS: Don’t get intimidated. This is actually very simple. The Federal Reserve window and other “facilities” were made available to the tune of $7 TRILLION dollars (half of the debt ceiling in its current form) in order to ease the liquidity problem. The belief was that by saving …

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Cochrane: American International Group Inc. 10K 12/31/1993

American International Group Inc. 10K 12/31/1993 American International Group, Inc. (“AIG”), a Delaware corporation, is a holding company which through its subsidiaries is primarily engaged in a broad range of insurance and insurance-related activities in the United States and abroad. AIG’s primary activities include both general and life insurance operations. The principal insurance company subsidiaries …

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THE WORM TURNS: AIG NOW SUING FOR FRAUD BECAUSE THEY CAN'T SUE ON THE LOAN OBLIGATIONS THEY PAID OFF

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THE FREE HOUSE MYTH EXPOSED: IT IS GOING TO WALL STREET EDITORIAL NOTE: Following up on my article yesterday about who owns the debt, some clarity is introduced by the filing of what will be a series of lawsuits against the underwriting Wall Street brokerage houses that sold mortgage …

THE WORM TURNS: AIG NOW SUING FOR FRAUD BECAUSE THEY CAN'T SUE ON THE LOAN OBLIGATIONS THEY PAID OFF Read More »

THE QUESTION NOBODY IS ASKING

COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITOR’S ANALYSIS: WHAT IS THE EFFECT OF TRADING, BUYBACKS, RECONSTITUTED “TRUSTS” ON THE CLAIMS OF “OWNERSHIP” OF THE LOANS?” Up in the clouds of finance and trading desks they are creating accounting entries indicating transfers of mortgage backed bonds. AIG announced it is “buying back” $17 …

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DELUSION IS AN IRONCLAD DEFENSE

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Biggest Fish Face Little Risk of Being Caught EDITOR’S NOTE: There is only one reason why there are not over 1,000 prosecutions that would successfully land the perps in jail — the reason is that the perps are the ones actually in charge. This is …

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Fuzzy Numbers Behind Treasury’s AIG Bailout

Editor’s Note: Of course they are fuzzy. If you had just paid trillions of dollars on the say so of Hank Paulson, former Sec’y of treasury only to find out you paid for nothing, what would you do? If your answer is that you’d be honest about it you wouldn’t be, couldn’t be in government. …

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AMBAC SUES BANK OF AMERICA FOR MASSIVE FRAUD: $16.7 billion

SERVICES YOU NEED Somebody get me the complaint so I can post it here. Editor’s Note: AMBAC is one of the insurers of loan portfolios, like AIG. The insurance paid off when the Master Servicer declared the portfolio had “failed,” based upon standards that were set by the Master Servicer and Underwriter. The insurer had …

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FACTUAL CONSTIPATION: THE URGE TO NOT DISCLOSE

EDITOR’S NOTE:   FACTUAL CONSTIPATION is our current state of reality. It is the universal strategy across the board from Wall Street, the pretender lenders, servicers, and all other intermediaries in the gross illusion known as “securitization” of debt. We can’t get the information in court from Judges who can’t or won’t allow the inquiry, we …

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The Truth? Read Matt Taibbi in Rolling Stone

64868?RS_show_page=0 EDITOR’S NOTE: How refreshing to see someone who approached this not with caution but with a desire for truth. Read this and you will understand a lot more about the Great Recession. “The “Pig in the Poke” scam is another key to the entire bailout era. After the crash of the housing bubble — …

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