“If we accept the Bank’s argument, then we are creating new law. Under the new law a borrower would owe money to a non-creditor simply because the non-creditor procured the borrower’s signature by false pretenses. The actual lender would be unable to retrieve money paid to the fake lender and the borrower would receive credit …
Notice of Violation Under California Bill of Rights Read More »
Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop with Neil Garfield: Getting Started on Foreclosure Defense NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s …
Whistleblower Bangs BofA for $14.5 million in Mortgage Case Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 2008 Legal Memo at BKR Conference Cautions Banks and Lawyers Against Lying About Ownership A legal compendium of cases published by the American Bankruptcy Institute establishes a pattern of conduct by Ameriquest, Wells Fargo and Chase dating back before 2008 …
Banks Slammed for Misrepresenting Themselves as Owners of the Loan Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “Through the use of fabricated assignments, endorsements and affidavits that purport to transfer deeds of trust, notes and the rights to all monies due under the terms of tens of thousands of non-negotiable promissory notes (the ‘MLNs’); Chase has demonstrated a pattern and …
Class Action — Chase Accused of Brazen Bankruptcy Fraud Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SEE FULL ARTICLE ON MORTGAGENEWSDAILY.COM The OCC is rolling out its first public service announcements to alert consumers about the Independent Foreclosure Review announced by it, the Fed, and the OTS in early November. The campaign follows the distribution of over 4 million letters …
OCC Issuing Alert to Consumers About Independent Foreclosure Reviews 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 GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE CLASS ACTION LAWYERS SHOULD LOOK AT A HOMEOWNER SUITS AGAINST MEGABANK AUDITORS AUDIT STANDARDS REQUIRE A HEALTHY DEGREE OF “SKEPTICISM” EDITOR’S NOTE: 4 years ago, I spoke with some people in the big SEC auditing firms that give “clean” letters to public …
NORRIS: LAWSUITS AGAINST AUDITORS ARE COMING AND THEY WILL BE HUGE Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “MEGABANKS IN STATE OF UNDISCLOSED FAILURE“ Fortune has examined dozens of court records that corroborate the employee’s testimony. And if Countrywide’s mortgage securitizations systematically failed as it appears they did, Bank of America’s potential liability dwarfs its shareholder equity, as the Congressional Oversight …
Another Failed Bank: 45th this Year — MegaBank Failure on the Way Read More »
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Pay Attention Please very important to many consumers: ‘CMMC’ Chase Manhattan Mortgage Corporation (Parent JPM) in Agreements with Norwest Corp in 1996 its newly acquired affiliate, largest producer of non-conforming mortgage products…. Special Purpose Vehicles (SPV’s) joint ventures … As related to Norwest Asset Acceptance Corp …
MARY COCHRANE UNRAVELS CHASE MANAHATTEN MORTGAGE CORPORATION Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM conformedcomplaint “They focused on short-term gains to increase their own compensation, with reckless disregard for WaMu’s long-term safety and soundness,” the agency said in the 63-page complaint. “The F.D.I.C. brings this complaint to hold these highly paid senior executives, who were chiefly responsible for WaMu’s higher-risk home lending program, …
Administrative Action You Can Use: F.D.I.C. Sues WAMU (now Chase) Ex-Chief Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary We now have a growing group of unlikely bedfellows — investors, homeowners and local governments who were all duped and whose claims are being treated as though each one was unique when in fact the entire plan was a highly organized crime. Add the Federal …
LOCAL GOVERNMENTS UNDERWATER: TIME TO CORRECT PRINCIPAL BALANCES Read More »
SERVICES YOU NEED “As basis for the legal case, WaMu had submitted an assignment of mortgage, which however the court just found never actually belonged to WaMu, and instead was carried on the books of Fannie Mae.” EDITOR’S NOTE: It’s an old story to us but it’s news to everyone else. Yes it IS fraud, …
Fla Ct Finds JP Morgan Intentionally and Knowingly Committed Fraud on The Court Read More »
SERVICES YOU NEED * How Serious is the GMAC Problem? Pretty Serious and Not Just GMAC – 09/21/2010 – Yves Smith * Steve Keen: Deleveraging With a Twist – 09/21/2010 – Yves Smith Monday, September 20, 2010 Grayson Calls on Florida Supreme Court to Halt Foreclosures Representative Alan Grayson of Florida has asked the Florida …
Rep. Alan Grayson of Florida asks Fla Supreme Court to halt all foreclosures Read More »
Submitted by Beth Findsen, Esq. in Scottsdale, Az Investors-suing-Chase-includes-list-of-mortgage-backed-securities-various-originators-like-New-Century-WAMU-Wells-Fargo-ResMae-Greenpoint-Coun One of the many things I find interesting in this lawsuit is that FINALLY the pretender lenders are at least being referred to as originators and not banks, lenders or any of the other things that had most people believing. Here too investors sue the rating …
Thank You ABBY! This post is from Abby. You can catch her email in comments where she originally posted. Just one word of caution: Just because the Trustee or officer of the SPV pool claims to have your loan doesn’t mean they really do. In fact they may only have a spreadsheet with no documentation, …
How to Search for the Trust or SPV Claiming Your Loan to Be Part of the SPV Pool Read More »
