Just a short note on this. Think about it. Why would he have taken the money and used it for a condo when he had to cover bank losses on mortgage loans that were in default? Answer: the bank had no losses, so there was nothing to account for. This money wasn’t income. It couldn’t …
First thing to add to the list of things you ought to know before you buy is (a) whether the home is part of an Homeowners Association or Condominium or Cooperative association and second whether there are major repairs that are needed or under way because that may mean really big assessments. Once you have …
HOA SCramble to Make Ends Meet BUt Are They Missing an Opportunity? Read More »
submitted by MARY COCHRANE Wells Fargo & Co. ‘a private label tradename’ purchased 11/2/98. Foothill & Norwest & UBS … do business using ‘private label brand’ and all of the existing agreements and former registrations stayed open. Already in business in 1994/1996 with Lehman Brothers, Structured Asset Securities Corp, Bear Stearns, former Wells Fargo, Norwest, …
WELLS FARGO-NORWEST-CONDOR CONNECTIONS INFO — FOR SECURITIZATION RESEARCH Read More »
Editor’s Comment: Appraisal fraud, ratings fraud, misrepresentation, steering investors and borrowers in the wrong direction — all of these amount to the same thing: DECEIT. And as everyone knows, when someone is bilked out of money or value through deceit, they are entitled to made whole — as close as possible, and probably entitled to …
Insider Confirms Builder Complicity in Appraisal Fraud Read More »
