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Countrywide Financial Corp

BofA Acquired Countrywide But Tried to Say It Didn't

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In the palace of smoke and mirrors that is securitization, everyone is allowed to say they understand the infrastructure even though hardly anyone has the education, training, information, and experience to know anything about it. Even most investment bankers do not grasp the enormity of this scheme which was part straight fraud and part PONZO …

BofA Acquired Countrywide But Tried to Say It Didn't Read More »

Investors Settle for $600 million — so which loans get credit for that payment?

6 Comments / bubble, CASES, CDO, Corruption, Eviction, expert witness, Fannie MAe, foreclosure, foreclosure mill, Forensic Analysis Workshop, GTC | Honor, HERS, investment banking, Investor, Modification, Mortgage, Motion Practice and Discovery, securities fraud, Securitization Survey, Servicer, Statutes, trustee, workshop / By

Editor’s Note: This is what we are hearing about. What about the settlements that go unreported? The number of settlements that are off-record (unreported) is unknown but suspected to be very high. [One of the reasons why it is SO important to get the true CURRENT status of the SPV and the true FULL accounting …

Investors Settle for $600 million — so which loans get credit for that payment? Read More »

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