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 SERVICE 520-405-168 Editor’s comment: Smith’s statement about the passivity of investors is well taken. Up until recently, they were content to let the Banks and servicers fight it out and they assumed they would get their fair share of the money that was …
Pension and Union Funds Were Upside Down the Moment They Bought MBS Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 State of Foreclosure as a Tool for Frauds on Investors:submitted by DCB The Federal Reserve Board, and the Treasury Department’s FDIC and OCC divisions have in the aggregate made a factual and legal determination statutes and rules under those agencies’ jurisdiction …
State of Foreclosure as a Tool for Frauds on Investors: Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Setting a Foreclosure Case for Trial by Mark Stopa http://www.stayinmyhome.com/blog/2012/01/setting-a-foreclosure-case-for-trial/ Did you know the banks and their lawyers don’t want to have to go to trial in foreclosure cases? It’s not exactly breaking news, I realize. (Recall, for instance, this post, …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-168 “5810.10 Personal contract and tort liability of trustee. (A) Except as otherwise provided in the contract, for contracts entered into on or after March 22, 1984, a trustee is not personally liable on a contract properly entered into in the trustee’s …
Personal contract and tort liability of trustee. Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-168 FOR THOSE OF US WHO ARE HAVING OUR HOMES STOLEN BY ONEWEST/INDYMAC, LET’S NOT FORGET WHO THE OWNERS ARE! IndyMac Is Set to Be Sold to Private Investors December 27, 2008, By DEALBOOK IndyMac Bancorp, one of the largest banks to …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Release on Foreclosure Fraud Settlement Looks Broader Than Advertised By: David Dayen In his statement on the Administration’s new housing policies, CFPB Director Richard Cordray makes a fairly stunning response, considering it’s posted at the White House blog: The principles articulated …
Release on Foreclosure Fraud Settlement Looks Broader Than Advertised Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 “The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages. Once the mortgages went sour, these same banks brought foreclosure proceedings en masse based on deceptive and fraudulent court …
Our Turn to Strike Back: Schneiderman Files Massive Lawsuit Against Pretenders Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S NOTE: While the administration, realtors and others are trying to paint lipstick on the pig, the reality is that the housing market is as weak as ever, falling further and further in a death spiral. The number of strategic defaults …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 JOINT FED/STATE MORTGAGE INVESTIGATION TASK FORCE NEW YORK ATTORNEY GENERAL ERIC SCHNEIDERMAN, CO-CHAIR OFFICE OF THE ATTORNEY GENERAL THE CAPITOL ALBANY, NY 12224-0341 General Helpline: 1-800-771-7755 TDD/TTY Toll Free Line: 1-800-788-9898 http://www.ag.ny.gov/ Subcommittee on Financial Institutions and Consumer Protection Chairman, Hon. …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 John Kevin Kennedy was an engineer at Anheuser Busch for 30 years. Then came the sale to InBev, and the big downsizing at the brewery left Kennedy out on the street along with much of his department. With no job, he …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Synovus Ousts Senior V.P. of Asset Management; Shady Foreclosure Deals to Blame? by Mark Stopa http://www.stayinmyhome.com/blog/2012/02/synovus-ousts-v-p-shady-foreclosure-deals-to-blame/ Have you ever wondered what happens to houses when the banks foreclose? The Fort Myers News Press recently wondered just that, and its findings may …
Synovus Ousts Senior V.P. of Asset Management; Shady Foreclosure Deals to Blame? Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: With the Revolving Door between the finance sector and public law enforcement, it is hard not to wonder where Oregon Attorney General John Kroger will be employed when he finishes his term as AG. SPIN: A great deal …
Settlement is a Scheme to ratify the Other Schemes of Banks and Servicers Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S RANT: They turned the financial world upside down, taking our society with it. So it should come as no surprise that they would accuse homeowners of trying to get what the banks have been doing now for over three years — GETTING A FREE HOUSE. They never funded …
WHY? BECAUSE THEY WANT A FREE HOUSE — THE BANKS, THAT IS — NOT THE BORROWERS Read More »
