MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S COMMENT: As each day goes by we see increasing evidence that nothing about this mortgage mess was a surprise for those who were involved in it. I remember when I was on Wall Street. Everyone knows everything. And whatever the …
Fannie and Freddie Knew of Mortgage and Foreclosure Fraud 10 years Ago Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 “The Fraud of Our Lifetime” Robert D. Drain, a federal bankruptcy judge in the Southern District of New York, said in court last month that the failure of the mortgage industry to deal with pervasive problems involving inaccurate documentation and improper …
Nye Lavalle's Early Warning in 2003 Profiled In New York Times Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Freddie Mac, Deutsche Bank Caught Up In Securities Allegations By: David Dayen See Full Article on FIredoglake.com One reason why I don’t think we should particularly accept a six-month timeline on significant action from the RMBS working group is that there’s so much already in …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT FBI LAUNCHES PROBE OF FANNIE, FREDDIE Former housing execs face grilling as SEC sues over risky mortgages By Andrew Strickler and Josh Bernstein Saturday, December 17, 2011 Federal investigators want to know whether executives at mortgage finance giants Fannie Mae and Freddie Mac misled …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: In my opinion they should not be just sued by a regulatory agency with a civil result. And whatever Obama says he has been told, the acts committed were illegal and probably criminal, despite reports to him to the contrary. Yet …
Ex-Freddie Mac, Fannie Mae chiefs sued by SEC over loans Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: It appears as though Fannie Mae is trying to give some wiggle room to banks and servicers under the guise of new guidelines. But State law prevails and the guidelines are only effective as a matter of contract between FANNIE and …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “Fannie and Freddie should be held accountable for (1) failing to check whether the loans were in fact viable, in conformity with GSE requirements and industry standards for underwriting (2) failing to check whether the loans were properly transferred by the actual owner …
FANNIE AND FREDDIE BLOCK INFORMATION, PROTECTING BANKS AND FORECLOSURES Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE UNDERLYING THEME: HOW TO GET THE SIGNATURE OF HOMEOWNER WITHOUT ALERTING ALL HOMEOWNERS THAT THEIR SIGNATURE IS NOW A VALUABLE COMMODITY AHC AND LIVINGLIES ANNOUNCE LAUNCH OF AMGAR EDITOR’S COMMENT: Are they really that tone deaf? It appears the answer is yes as …
Fannie and Freddie Platinum Sponsors with (MERS and LPS) of Upscale Event for Bankers Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE PRINCIPAL CORRECTION IS THE ONLY WAY OUT FOR BOTH INVESTORS AND HOMEOWNERS EDITOR’S NOTE: First let me remind you that this is not a reduction in principal, it is a correction — because the original figures were wrong and everyone but the borrower …
FANNIE AND FREDDIE CONTINUE TO BLOCK THE ONLY WORKABLE HOUSING SOLUTION Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: As we turn the corner and enter a new inning in the “game” of securitization, the real issues are starting to erupt as the players get nasty with each other and not just with homeowners. As pointed out to me recently …
TITLE ISSUES ERUPT BETWEEN THE GIANTS OF THE INDUSTRY Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FANNIE MAE: Servicers Required to Report Title Defects and “Repurchase” EDITOR’S NOTE: STEP BY STEP, the noose tightens. Fannie Mae bought nothing and they know it. And they bought it from someone who had bought nothing and knew it. Nobody cared while the …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE from STOP FORECLOSURE FRAUD Fannie-Freddie’s Hypocritical Suit Against Banks Making Loans that GSEs Helped Create EDITOR’S NOTE: Practically everything that the government is doing with respect to the economy and the housing market in particular is hypocritical. If we look to the result …
MERS: A FAILED ATTEMPT AT BYPASSING STATE AND FEDERAL AUTHORITY Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BY ‘NANCY DREW” In California, OR, WA, CO (non judicial states) place an Automatic Stay one must file Bankruptcy “BK” which stops notice of defaults? sadly allowing substitute trustee to act as robo-mill and includes bank attorneys who don’t have to reveal ‘security’ …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: I keep encountering the same myth, which is being overlooked by people on all sides; virtually none of the mortgages were ever sold to Fannie or Freddie. It doesn’t matter if they have it on their website as being owned by …
START WITH THE WRONG ASSUMPTION — END UP WITH THE WRONG RESULT Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: THEY JUST DON’T WANT TO GET IT, DO THEY? After years of evidence and proof disregarded in courts because of “say it isn’t so” thinking, the former GSEs, now entirely nationalized by our government are trying to sell the property they …
SCREWING UP TITLE EVEN MORE: FANNIE AND FREDDIE OFFLOADING PROPERTIES IT DOES NOT OWN Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: There might be some discoverable information in the records of GSE’s like Fannie and Freddie. I note in particular that there are specific requirements for appraisals. I’d like to see whether the fraudulent appraisals differed in any respect from the fraudulent …
Posted on March 23, 2011 by Foreclosureblues Fannie and Freddie Hiding Over $100 Billion of Losses? Today, March 23, 2011, 3 hours ago | Yves Smith Bank expert Chris Whalen has a little bombshell in his current newsletter. It’s so obvious that it should not only have occurred to me but pretty much everyone on …
Fannie and Freddie Hiding Over $100 Billion of Losses? Read More »
Hey Dave, that thing in your throat is called an order of disgorgement. Posted on02 November 2010. Tags: affidavits, assignment of mortgage, baron, djsp enterprises, fannie mae, files, foreclosure fraud, fraudulent documents, Freddie Mac, law offices of david J. stern plantation florida 33324, Tammie Lou Kapusta Fannie, Freddie Take Loan Files From Florida Law Firm …
FANNIE, FREDDIE ENDS RELATIONSHIP WITH FLORIDA LAW OFFICES OF DAVID J. STERN Read More »
Editor’s Note: All this because they won’t face reality and insist on maintaining the illusion that the “loan” transactions were anything but empty promises based on misrepresentations. There is another way out of this without letting the Wall Street socialists continue to dine at the taxpayer trough. To do that we have to put aside …
Federal bailout for Fannie, Freddie could more than double, regulator says $215 billion Read More »
Editor’s Note: While the courts hear arguments and decide this way and that about standing and real party in interest, the elephant in the living room is that we have highly publicized reports of LOSSES associated with more than $5 trillion in loans bought or guaranteed by Fannie and Freddie. That amounts to around 25 …
What Do Those Losses at Fannie and Freddie Mean? Read More »
