Bear Sterns

Truth Coming Home to Roost: JPM Knew the Loans Were Bad

In a statement shortly after he sued JPMorgan Chase, Mr. Schneiderman [Attorney general, New York state] said the lawsuit was a template “for future actions against issuers of residential mortgage-backed securities that defrauded investors and cost millions of Americans their homes.” CHECK OUT OUR EXTENDED DECEMBER SPECIAL! What’s the Next Step? Consult with Neil Garfield …

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TBTF Banks Bigger than Ever — How is that possible in a recession?

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment:  The pernicious effect of the banks and the difficulty of regulating them across transnational and state borders has led to a growing nightmare that history will repeat itself sooner than later. This is to rocket science — it …

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TAKE THE MONEY AND THEN TAKE THE HOUSE TOO: WHAT A DEAL!

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary New Questions Raised in Mortgage Financing EDITOR’S COMMENT: I worked on Wall Street and I was an investment banker. I know the mentality. If money is sitting there, they will take it and worry about it later. This article is the tip of the iceberg …

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