MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S ANALYSIS: It has been the theme on these pages that the loan deals, if you look at the money trail, was strictly between the investors and the homeowners. The investors (pension funds etc.) were the lenders and the homeowners were …
Panic Time for Banks: "Auction" Sales Were Faked — REO Title Invalid Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 CHALLENGE TO BAR ASSOCIATIONS: PROSECUTE FORECLOSURE MILL ATTORNEYS EDITOR’S COMMENT: Challenge to California Bar Association. There has been much ado about foreclosure rescue operations that are scams and there should be enforcement activity where lawyers and non-lawyers are promising things they …
NY Times: CA Audit Reveals Most Foreclosures Fatally Flawed Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Unsound and Unsafe Processes and Practices in Residential Loans Editor’s note: Once again we have an administrative finding and an admission by the BIG 5 that their servicing and practices are both unsafe and unsound. These are fines, not restitution. The …
Fed Orders Ally, BOA, Citi, JPM, Wells Fargo to Pay $766.5 Million in Sanctions Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 BLAME THE BORROWER, TAKE THEIR MONEY AGAIN Editor’s Comment: As though it was bad enough that the banks, who suffered no loss, got the bailouts, the federal reserve money, the insurance proceeds and the proceeds of credit default swaps and other …
States Using Settlement Funds for Borrowers as General Funds Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 by L Dean Pasadena TX – I believe that we all know the truth and it does not matter. We know the banks do not have the right to foreclose. I say we all share a little something about our States, …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: The bottom line is that the real negotiations are just beginning. While it is not likely, there is a distinct possibility that the settlement will fall apart because of (a) what the Banks want as wording in the settlements …
Timeline Stretching for Actual Written Multi-State Settlement Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 AGENDA FOR MEMBER TELECONFERENCE Missouri Indictment: One County — what About the Rest? What are the final terms of the multi-state AG Settlement? Amnesty? Immunity? Why are we dealing with the banks when they didn’t fund the loans? When will the …
AGENDA for Today's Member Conference at 6pm EST, 3pm PST Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 “The central fact is that there is huge bill waiting to be paid for the losses created by Bank misbehavior. That bill is coming due every month in installments that amount to a devaluation of the dollar, raising prices for all …
Dollar Devaluing as Cost of Bad Bank Loans: Who Pays? Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Community banks and credit unions brace for end of Fannie, Freddie By Danielle Douglas, Published: February 12 As the Obama administration forges ahead this spring with plans to wind down mortgage giants Fannie Mae and Freddie Mac, community banks and credit unions …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688From this website: by John Gault http://www.pstcc.edu/departments/lat/classes/2300/notes/chap23.htm Real Defenses Real or universal defenses are valid against all holders, including HDCs. Universal defenses include the following: (1) Forgery, (2) Fraud in the execution, (3) Material alteration (complete defense against a holder, partial defense …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Many hat tips to Yves Smith and others who have pointed out that the grand settlement has neither been drafted nor signed in any form. This leads me to compare the entire securitization scam process with this settlement process and to …
RoboDeal: Mullti State Settlement Neither Signed Nor Drafted When Announced Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Posted by Reader Yes, and here is something Neil posted on LL https://livinglies.me/2011/02/19/judges-conflict-of-interest-pensions-are-in-mortgage-backed-securities/ and Neil posted this and read down thru blog posts https://livinglies.me/2010/11/24/homeowners-investigating-judges-conflict-of-interest/ and you may want to read this to start research into Blackrock http://www.scribd.com/doc/35925017/Are-Federal-Judges-Retirement-Plans-invested-in-MBS-ABS-Maiden-Lane-and-Blackrock and If you go …
Conflicts of Interests — Federal Judges' Pensions Invested in Toxic MBS Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 February 10, 2012 by Kelli I WRITE THIS TO ALL 3 MAJOR NEWS NETWORKS, WHAT CAUSED THE FORECLOSURE CRISIS??? I implore you to take this story back to the BEGINNING! DIG DEEP and INVESTIGATE the FACTS and tell the WHOLE story. …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT by Barry Fagan SERVICE 520-405-1688 Barry Fagan v Wells Fargo Bank re: Consumer Financial Protection Bureau Complaint Information about the company Wells Fargo Bank NA United States Wells Fargo Bank has fraudulently altered Barry Fagan’s Deed of Trust and the attached expert opinion …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 What Goes to the Banks Stays With the Banks Even if the Payment was on the Debt owned by Another There have been dozens of deals with law enforcement and regulatory agencies. There have been thousands of settlements with individual homeowners …
Borrowers Don't Count — But False Claims of Losses Count Multiple Times Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Note: If you are serious about litigation, truth, justice and the American way, then you should be reading Nancy Drewe’s posts very carefully. These are the tracks that will enable you enable to track the money. Tracking the money means …
Nancy Drew Digs Into Wells Fargo -Maiden Lane, FDIC, FHLA Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 by “George” This Obama agreement will not stop you from filing your individual lawsuit in reference to any of the fraud involved in your particular case. Scroll down to the 16th paragraph, the last 2 sentences about filing individual lawsuits and …
Multi-State Settlement Does NOT Bar Your Individual Claims or Defenses Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: Read this joke and think about it because it tells part of the story of American “securitization.” Then realize that the only debt — the one who got the dead donkey was paid in full once while his agent/broker …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S COMMENTS: Who are these people who make judgments about borrowers that are so negative? Do they really think that 20 million people woke up one morning and decided to attack the financial services industry? Or is it possible that the …
FANNIE MAE SINKS PRINCIPAL REDUCTION PROGRAM ON IDEOLOGICAL GROUNDS Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Sifting Through 25 Million Pages of Documents EDITOR’S COMMENT: Attorneys for homeowners should watch these investor suits carefully. Contained within them are allegations and discovery relating to the enforceability of the mortgage liens as well as the failure to properly underwrite …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 ” The biggest mistake being made in the settlement is that investors are being insulted. They won’t return to the same marketplace and invest in similar offerings in the future. This puts a permanent damper on credit markets and liquidity. Investors …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: This reminds me of what we did in the 1980’s for “asset protection” in which we had a limited partnership as the general partner of a limited partnership which was the general partner of a limited partnership — with …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Just How Relevant is the Multi-State Settlement? Editor’s Comment: There are jokes going around about how you can’t fix stupid. We should add that you can’t fix title either unless you throw out hundreds of years of law and market expectations. …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: The only thing I would add to this article is the LAW. The law is that the responsibility for the viability of a mortgage is that of the lender, not the borrower, and that is simply because these transactions …
