credit crisis

Banks Cover Up Their Actual Losses and Insolvency

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT RECEIVERS SHOULD BE APPOINTED TO FORCE DISGORGEMENT OF PENSION MONEY Editor’s Note: It isn’t just the Banks that are covering up the fact that those “assets” on their balance sheet are not assets and never were owned by the Banks. The underlying threat …

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BOA FUNDS MORTGAGE ON STOLEN HOUSE AND BLAMES BORROWER — FIRST AMERICAN TITLE DENIES LIABILITY

MOST POPULAR ARTICLES DISCOUNT FOR EARLY BIRD REGISTRATION RUNS OUT ON JUNE 22 CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE VIDEO: HOW COULD THE TITLE COMPANY AND BOA CLOSE ON A LOAN WHERE THE BUYER DID NOT GET TITLE? At first …

BOA FUNDS MORTGAGE ON STOLEN HOUSE AND BLAMES BORROWER — FIRST AMERICAN TITLE DENIES LIABILITY Read More »

Special Servicing Agreement: DENIES ANY INTEREST IN INVESTMENT VEHICLES OR MORTGAGES

MOST POPULAR ARTICLES DISCOUNT FOR EARLY BIRD REGISTRATION RUNS OUT ON JUNE 22 CLICK HERE TO REGISTER FOR 2 DAY GARFIELD CONTINUUM CLE SEMINAR GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FROM MARY COCHRANE: MANY THANKS FOR YOUR EXCELLENT WORK Do you know what ‘xxx’ your loan is inside of? Do you know …

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NY and DE Examine Trust Documentation: Pandora's Box Open

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE — EVIDENCE COUNTS!!! click-here-to-register-for-seminar   WHY YOU NEED TO ATTEND GARFIELD CONTINUUM SEMINAR If you don’t understand why the bundling of mortgages at the level of the investment banks is important to your case(s) involving securitized mortgages, then you don’t “get it” yet. …

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NORRIS: LAWSUITS AGAINST AUDITORS ARE COMING AND THEY WILL BE HUGE

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 …

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Economy is Still Choking on Housing — When Will Obama Act?

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: I am tired of reading about how economists express surprise at the sluggish economy. The same goes for when they express hope at slightest uptick in any index that is followed, none of which are real representations of economic activity. As the recent new …

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NY Times Editorial: As Housing Goes, So Goes the Economy

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Where were they three years ago? Well it is still a good thing that the lead editorial connects the dots. The housing market is continuing to decline and it will continue as long as we regard the foreclosures as having any color of legitimacy. …

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Cal AG Forms Special Task Force on Bankers' Fraud — Says Fraud Cost the State $640 Billion

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “We are looking at a situation of up to $640 billion in wealth having been lost because of this wave of foreclosures that has hit the state,” Harris said, referring to the decline in homeowner equity. “There is a direct connection” between mortgage fraud “and the …

Cal AG Forms Special Task Force on Bankers' Fraud — Says Fraud Cost the State $640 Billion Read More »

BANKS CONTINUE TO HOLD NEARLY 1 MILLION HOMES AS SALES AND PRICES CONTINUE TO PLUMMET

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STATED INCOME, STATED ASSETS (SISA) NO DOC ASSETS AND INCOME FOR THE BANKS: AS FALSE AS IT ALWAYS WAS EDITOR’S COMMENT: DICK DURBIN said it when the democratically controlled senate and house refused to even inquire about the real nature of the securitization illusion — “The …

BANKS CONTINUE TO HOLD NEARLY 1 MILLION HOMES AS SALES AND PRICES CONTINUE TO PLUMMET Read More »

NY STARTS NEW INVESTIGATION OF MEGABANKS ON MORTGAGES and FORECLOSURES

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANKS LOOKING TO NY FED FOR PROTECTION EDITOR’S NOTE: Maybe this will wipe that arrogant smirk off their faces. Again the investigations are renewed after it seemed they were giving up. Just as the financial regulatory agencies followed up an SEC settlement with Goldman, they all, …

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THE WORM TURNS: AIG NOW SUING FOR FRAUD BECAUSE THEY CAN'T SUE ON THE LOAN OBLIGATIONS THEY PAID OFF

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THE FREE HOUSE MYTH EXPOSED: IT IS GOING TO WALL STREET EDITORIAL NOTE: Following up on my article yesterday about who owns the debt, some clarity is introduced by the filing of what will be a series of lawsuits against the underwriting Wall Street brokerage houses that sold mortgage …

THE WORM TURNS: AIG NOW SUING FOR FRAUD BECAUSE THEY CAN'T SUE ON THE LOAN OBLIGATIONS THEY PAID OFF Read More »

Mary Cochrane: Wells Fargo Asset Securities Corp [ formerly Norwest Asset Securities Corp ]

submitted by Mary Cochrane Let’s see Bet Belfield Officer 655 Registrants for Wells Fargo Bank NA, Sioux Falls SD part of Wells Fargo & Co/MN formerly known as Norwest Corporation (you know prior to 11/2/98) Filed by the most interesting Filing Agent of them all on all of the dirty deeds 10K’s where Wells FArgo …

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ILLEGAL PARKING: Housing Prices Sinking, Wall Street Stays Rich and Investors Head for Gold for Safety

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: Practically everyone seems to know that housing prices are going down, the dollar is getting trashed, and our position in world finance is tenuous at best and that the problems are all related. We also know that as …

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NOCERA: OCC IS LETTING BANKS OFF THE HOOK

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: When regulators refer to the banks as “clients” you know you have a problem. The mess (chaos) left in the wake of invalid mortgages and notes, fraudulent foreclosures, fraudulent credit bids and resales is going to stay with …

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OBAMA ADMINISTRATION GETS INTO GEAR: WHAT DOES IT MEAN TO YOU?

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM I have been involved with all three branches of government for a long time. The sudden release or barrage, if you like, of the MERS cease and Desist, the Senate Report, and the decisions by several courts reported in recent …

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JAMIE DIMON: WHEN DID HE KNOW THAT JPM WAS STICKING IT TO CUSTOMERS AND MAKING A PROFIT?

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE jpm-makes-2-billion-while-investors-lose-500-million EDITOR’S NOTE: If the press can ask the questions leading right up to the top of the megabanks, why can’t the government? You have to remember that these people practically invented the term “due diligence” and before the securitization scam, it was very challenging to get a …

JAMIE DIMON: WHEN DID HE KNOW THAT JPM WAS STICKING IT TO CUSTOMERS AND MAKING A PROFIT? Read More »

JPM Makes $2 BILLION While Investors Lose $500 MILLION

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The investment bank through a myriad of bankruptcy-remote controlled vehicles steps in and says WE ARE THE AGENT FOR THE LENDER AND WE WANT TO FORECLOSE. And then in the suit with investors says WE ARE NOT YOUR AGENT …

JPM Makes $2 BILLION While Investors Lose $500 MILLION Read More »

OUCH! — CAROL ASBURY, ESQ. BITES BACK

GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ ForeclosureHamlet.org aka Lisa Epstein’s Response to Nationwide Title Clearing Cease and Desist Letter Posted by Foreclosure Fraud on March 31, 2011 · Leave a Comment SAVE MY HOME LAW GROUP 3601 WEST COMMERCIAL BLVD., SUITE 16 FORT LAUDERDALE, FLORIDA 33309 TEL:  954-677-8888; FAX: 954-677-8881 CAROL C …

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LIQUIDATE EVERYTHING: LET THEM EAT CAKE

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ EDITORIAL COMMENT: Conservatives don’t conserve anything and liberals are not liberating anyone. Regulators don’t regulate, and congress isn’t passing laws that make any sense. Policy makers are getting their orders from Wall Street instead of originating the policy decisions. …

LIQUIDATE EVERYTHING: LET THEM EAT CAKE Read More »

LIKE HAMP MODIFICATIONS, AG DEAL IS WINDOW DRESSING

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The banks’ strategy is to run the clock,” a Georgetown University law professor, Adam Levitin, said. “The chances of a settlement that meaningfully reforms mortgage servicing and makes the banks pay an appropriate price for illegal conduct are rapidly …

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Barofsky: HOW TARP FAILED HOMEOWNERS

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “The act’s emphasis on preserving homeownership was particularly vital to passage. Congress was told that TARP would be used to purchase up to $700 billion of mortgages, and, to obtain the necessary votes, Treasury promised that it would modify those mortgages to assist struggling homeowners. Indeed, the act expressly …

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HOUSING PRICES CONTINUE GLOOM

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: That housing prices are continuing to fall is no surprise to anyone other than the “economists” who are mouthpieces for Wall Street and the government puppets that spout the spin — misdirecting attention from the fact that securitization of debt has been a giant illusion and that …

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U.S. new home sales hit record low, housing prices plunge, outlook gloomy as foreclosure farce continues

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM ECONOMISTS SURPRISED — EXPECTED RISE EDITOR’S RANT: HOW STUPID DO YOU HAVE TO BE TO NOT KNOW THAT HOUSING IS IN THE TOILET AND GOING LOWER? They won’t fix foreclosures, they won’t fix title, they won’t help investors and they won’t help homeowners. They admit that housing drives the …

U.S. new home sales hit record low, housing prices plunge, outlook gloomy as foreclosure farce continues Read More »

Naming Names: Your Real Government

Posted on March 23, 2011 by Foreclosureblues Naming Names: Your Real Government Yesterday, March 22, 2011, 6:59:27 PM | noreply@blogger.com (Activist) When dark deeds unfold, point the finger in this direction. Dees Illustration Tony Cartalucci, Contributing Writer Activist Post This is your real government; they transcend elected administrations, they permeate every political party, and they …

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