By using the methods of magicians who distract the viewer from what is really happening the banks have managed to hoodwink even the victims and their lawyers into thinking that collection and foreclosure on “securitized” loans are real and proper. Nobody actually stops to ask whether the named claimant is actually going to receive the …
PTSD: A Breakdown of Securitization in the Real World Read More »
For ten years, Gary Dubin in Hawaii has been practicing law defending homeowners from foreclosure. He has preached his own version of how to combat foreclosure fraud. And he has practiced what he preached. I find his work enlightening and refreshing. So when I read his Proposed Mortgage Integrity Act (MIA) I decided to republish …
Gary Dubin: Proposed Mortgage Integrity Act (MIA): Read More »
A sluggish mortgage-bond market could be jump-started by a new service that allows investors to short home loans. Skeptics say the rise of derivatives on credit-risk transfer notes sold by Fannie Mae and Freddie Mac has echoes of the 2008 credit crisis, when the market plunged under the weight of collapsing subprime securities. Fannie and Freddie – the …
New products could increase the number of investors shorting U.S. home loans Read More »
“Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi, (March 3, 1882 – January 18, 1949), commonly known as Charles Ponzi, was an Italian businessman and con artist in the U.S. and Canada. His aliases include Charles Ponci, Carlo and Charles P. Bianchi.[1] Born in Italy, he became known in the early 1920s as a swindler in North …
PONZI SCHEMES: Liability Of Lawyers and Accountants to be Considered Read More »
ALL THIS IS DISCUSSED IN MY SEMINAR IN CHANDLER THIS THURSDAY 7/26 AT 9:00 AM. SIGN UP NOW FOR SEMINAR IN CHANDLER, AZ — THERE IS HOPE NEW NAME FOR LIBOR: LIE-BORE NEW BUSINESS MODEL: LIE MORE Editor’s Note: I was sort of expecting this from the Obama administration. Like others I long suspected the …
Criminal Charges Expected Against BofA, Citi, JP Morgan Chase Read More »
Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – …
"A day of reckoning may soon be coming." Yves Smith Read More »
Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – …
Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – …
Everyone Else Knows: Why Do We Continue To Ignore It? Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts Editor’s Comment: The very same people who so ardently want us to remain strong and fight wars of dubious foundation are the ones who vote against those who serve …
OK LAWYERS, STEP UP TO THIS ONE — It is literally a no- brainer Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s Comment: They were using figures like 12% or 18% but I kept saying that when you take all the figures together and just …
Now They See the Light — 40% of Homes Underwater Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 …
Featured Products and Services by The Garfield Firm – Whose Lien Is It Anyway? Real Property, Mortgages, Workouts and Foreclosures in the United States NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call …
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: THIS SUBMISSION FROM NJ CONSUMER IS A LITTLE DIFFICULT TO BREEZE THROUGH, BUT IT CONTAINS GOOD RESEARCH AND GOOD QUESTIONS. At least one point emerging from all this information is that the basic concepts of default, performing loans and non-performing loans …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET LUMINAQ COMBO TITLE AND SECURITIZATION SEARCH see 60 MINUTES: TITLE PROBLEMS ARISING FROM SECURITIZATION A \”TRAIN WRECK\” EDITOR’S COMMENT: With 7,000 community banks and credit unions, an electronic funds transfer infrastructure enabling even the smallest bank to provide wide access ATM, internet and other conveniences, you would think …
FED POLICY FAVORS MEGA BANKS AND IS ANTICOMPETITIVE ADDING TO TRAIN WRECK Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM The fact that Wall Street is so intent on doing this can only indicate one thing: they intend to do it again. Wake up America! SEE VIDEO ELIZABETH WARREN ON GOALS FOR FINANCIAL CONSUMER PROTECTION Note: One of the things that Warren brings out in the video is that …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE Liquidity_trap “This is a call for application of existing law, not for the ideological shifting of wealth. If people get their cars and houses back that were taken illegally, we will have the capacity to invest, to restart commerce, and prosper. If we keep people enslaved in fictitious …
EDITOR’S COMMENT: Once again Simon JOhnson hits the nail on the head. Those of you who want a more sophisticated picture of this mortgage mess along with the macro-economic view would do well to visit www.baselinescenario.com. With the latest move in New York allowing legal aid to homeowners in foreclosure, the number of contested cases …
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary WALL STREET: THE UNTOUCHABLES Representative Stephen Lynch, Democrat of Massachusetts, warned: “You think regulation is costly? How about the $7 trillion we just lost from not regulating the derivatives markets.” EDITOR’S NOTE: Our institutions are compromised with moral hazard every way you turn. The FDA, …
SEC FUNDING CREATES CONFLICT OF INTEREST AND BAD NEWS FOR CONSUMERS Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: “The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even …
SECRET BANKING ELITE: WHERE THE REAL DECISIONS ARE MADE Read More »
One of the hardest things for people to get their minds around is how borrowers were defrauded. The nagging question keeps coming to mind “But you DID sign the loan and take the money, didn’t you?” Yes you did, but you did it because of a representation and virtual guarantee from several parties at the …
WORLD HUNGER PROVIDES PROOF OF FINANCIAL DERIVATIVES INFLATING PRICES Read More »
“This will go on for a long time and a lot of people will be indicted,” “The government continues to show that it simply doesn’t understand how this market operated,” Editor’s Note: If you read this carefully, you get a flavor of how the derivative scam adventure involved everyone except its victims. Mind you, there …
In my opinion, the growing anger at Wall Street is giving Lloyd Blankfein and Jamie Dimon another chance at misdirection. They are using the current popular angst to steer the debate into whether derivatives and synthetic CDOs should be banned. In the end they will win that debate, and they should win it. What they …
“We did not service the loan,” Mr. Dale said. “We did not originate the loan, and we were not the financial entity that placed it into foreclosure. Do you understand what a trustee does?” Editor’s Note: Well, Yes Mr. Dale, we do understand what a trustee does and can do —- nothing. So why are …
