SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “By keeping the servicers at the head of the line, the illusion of securitization is maintained. That illusion serves as the basis for assuming there is a legitimate debt that the borrower is refusing or can’t pay. Without the illusion, and sticking with the facts we have an obligation …
BLOOMBERG: BOA TRYING DIVIDE AND CONQUER STRATEGY Read More »
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW CLICK HERE TO RESERVE GROUP RATE AT HILTON SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM 27 official signing positions, employed by law firm but still no sanctions because pretender dismissed before court could act Editor’s Comment: Note Judge Mark Polen’s dissent. He is the only one on …
FLORIDA 4TH DCA SENDS OUT FORMAL INVITATION FOR FRAUD UPON THE COURT Read More »
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: When regulators refer to the banks as “clients” you know you have a problem. The mess (chaos) left in the wake of invalid mortgages and notes, fraudulent foreclosures, fraudulent credit bids and resales is going to stay with …
Fed penalizes 10 banks on mortgage practices Related stories Major banks sanctioned over mortgage practices (April 13) Buy B. of A.? Timing isn’t everything (11:31a) J.P. Morgan offers clues to other bank results (April 14) Stocks to watch Friday: Bank of America, Google (6:25a) By Steve Goldstein WASHINGTON (MarketWatch) — The Federal Reserve said it’s …
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM I have been involved with all three branches of government for a long time. The sudden release or barrage, if you like, of the MERS cease and Desist, the Senate Report, and the decisions by several courts reported in recent …
OBAMA ADMINISTRATION GETS INTO GEAR: WHAT DOES IT MEAN TO YOU? Read More »
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: We are going to see a lot more of this, considering recent developments. Attorneys ought to sharpen their pens and get ready to do battle. This may be more profitable to attorneys than personal injury. Wrong foreclosures will …
WRONGFUL FORECLOSURES COST 16 PRETENDERS: REIMBURSEMENT ORDERED Read More »
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “…several years after the financial crisis, which was caused in large part by reckless lending and excessive risk taking by major financial institutions, no senior executives have been charged or imprisoned, and a collective government effort has not emerged. This …
THE NEW NINJA: NO INDICTMENT, NO JAIL, AMNESTY FOR TOP WALL STREET FIGURES Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The investment bank through a myriad of bankruptcy-remote controlled vehicles steps in and says WE ARE THE AGENT FOR THE LENDER AND WE WANT TO FORECLOSE. And then in the suit with investors says WE ARE NOT YOUR AGENT …
JPM Makes $2 BILLION While Investors Lose $500 MILLION Read More »
SUBMITTED BY MARY COCHRANE MERS instructing members to not foreclose in name of MERS (Bulletin 2 Pages at Bottom). MERSCORP, Inc. Parent (VA) & subsidiary, Mortgage Electronic Registration Systems (DE) Welcome to MERS! MERS is an innovative process that simplifies the way mortgage ownership and servicing rights are originated, sold and tracked. Created by the …
MERS instructing members to not foreclose in name of MERS Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM ARE WE READY TO BE COLONIZED AGAIN BY EUROPE OR CHINA? EDITOR’S COMMENT: There is little doubt amongst economists and financial experts that the repeal of Glass Steagel opened the door to a replay of 1929 and that of course is exactly what happened. Even the most unsophisticated person …
YOUR LOSS EQUALS BANK PROFIT EQUALS EXECUTIVE BONUSES Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: I sat on this story for a while checking out some facts. Words alone can’t describe my reaction to this. They were called “liar’s loans” because the no-doc loans were intended to be approved regardless of actual income. Under TILA and industry standards for underwriting loans, the …
DOJ JAILS BORROWER WHILE MOZILO AND OTHERS SETTLE Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET LUMINAQ COMBO TITLE AND SECURITIZATION SEARCH see 60 MINUTES: TITLE PROBLEMS ARISING FROM SECURITIZATION A \”TRAIN WRECK\” EDITOR’S COMMENT: With 7,000 community banks and credit unions, an electronic funds transfer infrastructure enabling even the smallest bank to provide wide access ATM, internet and other conveniences, you would think …
FED POLICY FAVORS MEGA BANKS AND IS ANTICOMPETITIVE ADDING TO TRAIN WRECK Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ WHY? BECAUSE THEY WANT A FREE HOUSE — THE BANKS, THAT IS — NOT THE BORROWERS ADMINISTRATION FAILS TO ENFORCE FAILING MODIFICATION PROGRAM: WHOSE COUNTRY IS THIS ANYWAY? Barofsky: HOW TARP FAILED HOMEOWNERS SINGLE TRANSACTION THEORY CORROBORATED: INVESTOR-HOMEOWNER DEAL “The court is …
GET THAT PSA: Alabama judge denies securitization trustee standing to foreclose Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ LAWYERS CONSIDER NAMING INDIVIDUAL EXECUTIVES AS DEFENDANTS IN DAMAGE SUITS FOR HOMEOWNERS “the Federal Reserve purchased almost all the mortgage securities issued by Fannie and Freddie in 2009.” EDITORIAL COMMENT: Has anybody asked exactly what Fannie, Freddie and Ginny …
WALL STREET EXECS: NOTHING TO LOSE, EVERYTHING TO GAIN, WIN OR LOSE Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITORIAL COMMENT: Conservatives don’t conserve anything and liberals are not liberating anyone. Regulators don’t regulate, and congress isn’t passing laws that make any sense. Policy makers are getting their orders from Wall Street instead of originating the policy decisions. …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The banks’ strategy is to run the clock,” a Georgetown University law professor, Adam Levitin, said. “The chances of a settlement that meaningfully reforms mortgage servicing and makes the banks pay an appropriate price for illegal conduct are rapidly …
LIKE HAMP MODIFICATIONS, AG DEAL IS WINDOW DRESSING Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION REPORT AT www.LUMINAQ.com WHY? BECAUSE THEY WANT A FREE HOUSE — THE BANKS, THAT IS — NOT THE BORROWERS ADMINISTRATION FAILS TO ENFORCE FAILING MODIFICATION PROGRAM: WHOSE COUNTRY IS THIS ANYWAY? Barofsky: HOW TARP FAILED HOMEOWNERS EDITOR’S COMMENT: The Federal Reserve is a hazy system whose ownership …
BANKS USING FED AS THEIR PET PUPPET WHILE AMERICA SICKENS DAILY Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The act’s emphasis on preserving homeownership was particularly vital to passage. Congress was told that TARP would be used to purchase up to $700 billion of mortgages, and, to obtain the necessary votes, Treasury promised that it would modify those mortgages to assist struggling homeowners. Indeed, the act expressly …
How Unemployment Is Dragging Down The Housing Market The Huffington Post Lila Shapiro First Posted: 03/25/11 02:35 PM Updated: 03/25/11 02:35 PM Although the United States population has grown by 120 million people in the past fifty-odd years, today’s new homes are selling at just half the pace they were in 1963. Home sales are being …
Posted on March 23, 2011 by Foreclosureblues The Market Ticker – Oh Look, Handcuffs! Real Ones…. Yesterday, March 22, 2011, 2:07:00 PM | genesis Now this is a change…. Former FirstCity Bank executives Mark A. Conner, 44, and Clayton A. Coe, 41, each face conspiracy and bank fraud charges, the U.S. Attorney’s Office said in …
The Market Ticker – Oh Look, Handcuffs! Real Ones…. Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Editorial Comment: His bank reports a loss of over $10 billion when we know there is at least contingent liability for 100 times more than that, and Moynihan at Bank of America is getting paid MORE. I suppose it makes sense from a bean-counter perspective — for having dodged …
COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ see 10-lies-we-live-by-and-should-stop-believing-if-we-want-this-to-stop NOTABLE QUOTES: “ONE crucial reason the nation’s mortgage industry ran itself — and the entire nation — off the rails was its obsession with speed. Mortgages had to be approved chop-chop, loans pooled instantly. When it came to foreclosure, well, the quicker the better.” …
LAW ENFORCEMENT'S UNCONDITIONAL SURRENDER TO WALL STREET Read More »
SEE ALSO 10-lies-we-live-by-and-should-stop-believing-if-we-want-this-to-stop Posted on March 11, 2011 by azmikversable Does your bank allow their employees to take pictures while displaying your private and personal information? If you do business with Bank of America, Balboa Insurance, or any of their corporate clients, the answer is a resounding YES! The below is one of many photographs posted to …
Customer Privacy Violations at Bank of America/Balboa Insurance Read More »
COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ SEE modification-plan-sought-follow-the-money-not-the-paperwork EDITOR’S NOTE: Moynihan is pulling out the old argument, trying to stir up people who have been paying their mortgage so he and the other mega banks won’t be required to cough up trillions of dollars they stole through fraudulent appraisals of property inducing …
BOA SAYS NO TO CORRECTION OF PRINCIPAL: "UNFAIR AND UNEXPLAINABLE" Read More »
