MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Most of the foreclosures could have been resolved through modification. In that sense, the Obama administration was correct in pressing servicers and banks to modify and giving them financial incentives to do so.They were wrong in that the servicers never had …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S ANALYSIS: MBIA insured mortgage-backed securities created by Countrywide. The insurance contract provides that MBIA waives any right of subrogation or claim to the loans that were supposedly in the pool of loans that were morphed into some sort of entity (people call …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: The reason this research is important is that it shows the connection between the developers, who have escaped blame thus far for the mortgage mess, and the Wall Street chicanery that financed ever increasing artificial price rises by developers, whose asking …
DREWE RESEARCH: CONNECTION BETWEEN BOA AND DEVELOPERS Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: They are missing the point in many cases. It is not the the monetary settlement that these people are entitled to so much as the house itself because the foreclosure was wrongful. If the amount demanded was wrong, then the right …
DOJ HUNTING 210,000 VICTIMS OF COUNTRYWIDE FRAUD Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: OK think about it. BOA is going to pay hundreds of millions to those minorities who were steered into either high interest rate loans or sub prime loans that were loaded with exotic features, including high interest rates. ” High Interest” …
BOA PAYING $335 MILLION TO MINORITY HOMEOWNERS FLIM-FLAMMED BY BOGUS MORTGAGES Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT BOA SELLING at 60% OFF STATED BOOK VALUE EDITOR’S NOTE: for those of you who have read my incessant posts that the mega banks are broke, especially, BOA, the article below spells it out in simple arithmetic terms. BOA is selling at 40% …
BOA DEATHWATCH: STOCK SELLING AT 60% DISCOUNT OFF BOOK VALUE Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Why would regulatory challenges be a threat to the financial viability of the Banks? answer: because the challenges they are talking about drive a stake though the heart of lies perpetuated by those Banks. the result is that they could be …
Fitch cuts Ratings on Goldman, Deutsche, five other large banks Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Here is the game: A party comes into court filing a complaint against someone who is essentially unable to defend themselves. The suit is fake and uses fraudulent documents to support it. In the usual course of events the “defendant” defaults, …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT JUDGE RAKOFF APPROVES SETTLEMENT EDITOR’S COMMENT: SINCE JUDGE RAKOFF APPROVED THE SETTLEMENT, WE CAN ONLY ASSUME THAT THE NUMBERS WERE MORE IN LINE WITH WHAT WAS APPROPRIATE. But on the other hand, here you have payment from BOA to the actual creditors who …
AP: BOA SETTLES WITH MISSISSIPPI PENSION FUND: $315 MILLION Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: OK the last round of stress tests was a PR stunt to assure the world that the US finance system was not falling apart when in fact it was and did fall apart and we are dealing with the cover-up phase …
New Stress Tests Expanded to 31 Banks: Many Likely to Fail Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Put BOA on the endangered species list. The regulators entered into secret “MOU” in May, 2009 where the Bank was put on notice that it was operating without sufficient capital and that its management was not meeting standards of the industry. …
BOA DEATHWATCH: MEMORANDUM OF UNDERSTANDING IN PLACE FOR TWO+ YEARS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Their business is foreclosures. Anything that is capable of being foreclosed gets the treatment. Even a home destroyed by a hurricane. One of the interesting parts of this is that the Bank also put insurance on the home that was previously …
BOA FILES FORECLOSURE — ON HOUSE THAT DOESN'T EXIST Read More »
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 …
BOA DEATHWATCH: CLASH WITH FANNIE MAE INCREASES BUYBACKS OF LOANS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE YOUR SIGNATURE WAS WORTH $TRILLIONS — MAYBE IT STILL IS! There ought to be a law against that! Oops, there is a law, in fact many of them. The thief gets your credit card information etc. buys a TV and you get the …
IDENTITY THEFT: THE HEART OF THE SECURITIZATION SCAM Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: This is but one example of compounded title problems that will mushroom over the next few years. If you think that securitization, false though it was, is difficult to grasp, wait until you try to decipher the chain of title on …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE LAWYER OVERCOMES PRESUMPTION OF VALIDITY OF TRUSTEE DEED IN UTAH SEE BOA-RECONTRUST FACE JUDICIAL FORECLOSURE IN NON-JUDICIAL STATE EDITOR’S NOTE: BOA and Recontrust, their puppet “substitute trustee” have stumbled into a quagmire and attorney John Christian Barlow has seized the opportunity to shine …
MOST POPULAR ARTICLES CLICK HERE TO RESERVE SEATING AT HAWAII WORKSHOP GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Homeowner Associations Wake Up to Collections and Profit!! FORECLOSING ON THE BANK!! EDITOR’S COMMENT: Becker and Poliakoff in South Florida is probably the largest law firm representing homeowner associations in the U.S. Once upon a …
BLOOMBERG: HOA V BOA: Homeowner Associations Step Up the Pressure on Banks Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “bank is suddenly open to unlimited downside capital risk” BofA’s $8.5 Billion Settlement Could Fall Apart After Request Made To Move Mortgage Case From State To Federal Court As most know by now, the ridiculously low $8.5 billion putback settlement, which was supposed …
BOA DEATH WATCH: SETTLEMENT FALLING APART, BOA SCRAMBLES FOR DOLLARS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE New York AG Schneiderman Comes out Swinging at BofA, BoNY Posted By igradman On August 5, 2011 (4:28 pm) In Attorneys General This is big. Though we’ve seen leading indicators over the last few weeks that New York Attorney General Eric Schneiderman might …
SPECTRE OF FRAUD OF ALL TYPES HAUNTING BOFA, CITI, CHASE, WELLS ET AL Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “Mr. Schneiderman’s contention that Bank of New York breached its duties to investors is significant because a trustee that agrees to oversee loan pools like those issued by Countrywide must abide by the rules governing the securities. Such rules require that lenders deliver …
NY AG: NOT SO FAST ON THAT SETTLEMENT BONY-MELLON! Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE FULL MOTION FOR REMAND HERE—> 2011-08-01, Motion to Remand to the Arizona Superior Court for Maricopa County – 2 The form attached is from a pro se litigant whom I consider to be particularly savvy in the ways of Court and the …
Motion for Remand: Tool for Counteracting the Notice of Removal Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE DEAL TRIES TO “FORECLOSE” ON INVESTORS THAT ARE NOT PART OF THE DEAL EDITOR’S NOTE: At least they are consistent. BOA, in another attempt to use complexity to hoodwink investors and borrowers alike, has fashioned a “settlement” that is in actuality a cover-up …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE CLEAR VIOLATIONS OF TILA, RESPA, AND UDCPA Prospectus cwalt quicken loans originator PSA CWALT After years of pretending that it was “the bank” in loan transactions, the documents clearly show otherwise. Quicken was always a mortgage broker and it failed to register as …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: The latest deal announced by BOA is between the bank and investors because they can’t announce a deal with regulators. Regulators are getting wise to the fact that BOA’s hold on the mortgages that are to be “modified” or “foreclosed” is …
