Lender Liability

Clearinghouse for Paperwork: Cede and Co and Depository Trust Clearing Corporation: But are the Mortgage Backed Certificates There?

A CEDE & CO partnered company. Depository Trust & Clearing Corporation DTC From Wikipedia, the free encyclopedia Jump to: navigation, search Depository Trust & Clearing Corporation Type Private Genre Holding company Founded DTCC (1999) – holding company for DTC (1973) and NSCC (1976) Headquarters New York City, U.S. No. of locations 4 Key people Don …

Clearinghouse for Paperwork: Cede and Co and Depository Trust Clearing Corporation: But are the Mortgage Backed Certificates There? Read More »

Give them a copy of your money if they think a copy is sufficient. If they want real money, demand a real note.

Good comment from reader. I would add though that merely having a copy of the note is insufficient for many reasons. Merely having an allonge is insufficient if it was not attached to the note at the time of execution and if it did not stay attached from that time forrward. Merely having an original …

Give them a copy of your money if they think a copy is sufficient. If they want real money, demand a real note. Read More »

Trustee lacks power to Act without Express Written Permission from Certificate Holders

From Ny In re: (i) the Trustee shall be under no obligation to exercise any of the trusts, rights or powers vested in it by this Agreement or to institute, conduct or defend any litigation hereunder or in relation hereto at the request, order or direction of any of the Certificateholders, pursuant to this Agreement, …

Trustee lacks power to Act without Express Written Permission from Certificate Holders Read More »

WORKSHOPS COMING UP 8 CA CLE & 9.5 FLA CLE CREDITS

PLEASE SUPPORT THIS SITE !!! donation-form-1108 Florida Bar Approves Garfield Continuum for 9.5 CLE Credits Lawyers Workshop Registration Form – November 2, 2009 Homeowners Workshop Registration Form – November 1, 2009 What Lawyers Are Saying About Neil Garfield\’s Seminars covered-in-the-garfield-continuum-workshops-you-can-look-this-stuff-up-in-wikopedia REQUIRED READING: appraisal-fraud-and-industry-standards-described-in-2003-official-white-paper-red-flags-described-in-detail-with-excellent-diagrams-explanations-and-descriptions-of-best-practices Work and Play in Sunny Clearwater Beach FL How to Save $$ while attending Garfield Event(s) Clearwater …

WORKSHOPS COMING UP 8 CA CLE & 9.5 FLA CLE CREDITS Read More »

Harvard-educated architect to lead an agency dealing with the mortgage mess

Submitted on 2008/12/14 at 8:37pm by Philip Elliott | The Associated Press Saturday December 13, 2008, 3:54 PM CHICAGO — Promising a prominent role for his housing department, President-elect Barack Obama on Saturday named a Harvard-educated architect to lead an agency dealing with the mortgage mess that dragged the country into a recession. Former Clinton …

Harvard-educated architect to lead an agency dealing with the mortgage mess Read More »

Livinglies Discovers where the documents and emails are kept by whom

It was only a matter of time. This is probably the tip of the iceberg. index.htm “Autonomy ZANTAZ is renowned for its blue chip customer base including diverse and global corporations ranging across industry sectors and geographies, including banking, insurance, pharmaceutical, medical products, biotech, healthcare, entertainment, energy, law firms and litigation services. Furthermore, US and …

Livinglies Discovers where the documents and emails are kept by whom Read More »

Executive Accused of Mortgage-Securities Scheme – EVERYONE HAS BEEN PAID AT LEAST ONCE, 100 CENTS ON THE DOLLAR, PLUS FEES AND PROFITS. NOW THEY WANT YOUR HOUSE TOO. ARE YOU GOING TO LET THAT HAPPEN?

DECEMBER 12, 2008 Editor’s Note: They would have us believe that this was an exception to the rule. It wasn’t. In fact this WAS the rule. The reasons why Wall Street was awash in money were (a) they were successfully selling unregulated securities under false pretenses and false ratings and (b) they pressured guys like …

Executive Accused of Mortgage-Securities Scheme – EVERYONE HAS BEEN PAID AT LEAST ONCE, 100 CENTS ON THE DOLLAR, PLUS FEES AND PROFITS. NOW THEY WANT YOUR HOUSE TOO. ARE YOU GOING TO LET THAT HAPPEN? Read More »

Ponzi Scheme According to FBI — Billions of dollars in Fraud — and they want your house too?

madoffcomplaint madoff-and-the-rest-of-wall-street-after-receiving-17page-report-sec-does-nothing-same-withy-mortgage-meltdown DECEMBER 11, 2008, 7:08 P.M. ET Madoff Charged With Securities Fraud By AMIR EFRATI, TOM LAURICELLA and DIONNE SEARCEY Madoff.com Bernard Madoff Bernard L. Madoff, the founder of Bernard L. Madoff Investment Securities and a fixture of the Wall Street trading world for decades, was arrested Thursday morning by Federal Bureau of Investigation …

Ponzi Scheme According to FBI — Billions of dollars in Fraud — and they want your house too? Read More »

Covered in the Garfield Continuum Workshops: You Can Look this Stuff Up in Wikopedia

How to Save $$ while attending Garfield Event(s) Napa CA Jan. 19-20, 2009 registration-homeowners-workshop-jan-20-2009-napa-ca /// registration-lawyers-workshop-jan-19-2009-napa-ca * Reserve Workshop Seat prior to Jan 9, 2009 for Early Bird discount on Registration * Reserve seats before 12/31 to deduct expense from 2008 taxes * Mention Garfield’s Foreclosure Defense Group when reserving rooms to get special Group Rate of $159 …

Covered in the Garfield Continuum Workshops: You Can Look this Stuff Up in Wikopedia Read More »

MERS Scandal Exposed and Explained

Kevin Lamson Said, So can anyone guess the name of “organization” that was formed by Countrywide’s, Anthony Mazillo and Fannie Mae’s, James Johnson ten years ago it start with an M? No not the Mafia. It’s Mortgage Electronic Registration Systems Inc. commonly referred to as MERS. Yes that’s right Countrywide and Fannie Mae were the …

MERS Scandal Exposed and Explained Read More »

Why You Don't Owe the Money

OK it’s complicated. But I have distilled it down to a few sound bites that more or less captures the basic truth of why you don’t owe the money on that mortgage note, credit card, student loan, auto loan, furniture loan etc. Even small businesses might not owe their small business loans. There are exceptions …

Why You Don't Owe the Money Read More »

Argent Mortgage Fraud on Everyone: Surprised? These are just a couple of 10,000 convicted Felons licensed as Mortgage Brokers in Florida

BORROWERS BETRAYED | I-TEAM SPECIAL REPORT Exec had mortgage racket down to an art Orson Benn has gone to prison for falsifying applications, but a former associate in Homestead still sells mortgages. Borrowers Betrayed Part 4 Orson Benn’s network of mortgage brokers wrote thousands of subprime loans in Miami-Dade which have gone into foreclosure. MIAMI …

Argent Mortgage Fraud on Everyone: Surprised? These are just a couple of 10,000 convicted Felons licensed as Mortgage Brokers in Florida Read More »

Missal Report Documents New Century Predatory Lending Even After General Counsel Warned Against It — Borrowers May Have Cause of Action Against Auditor KPMG

Report: New Century’s GC Warned Managers of Subprime Danger Sue Reisinger Corporate Counsel March 31, 2008 Listening to its general counsel might well have saved New Century Financial Corp., once the nation’s second-largest subprime mortgage lender, from plunging into bankruptcy a year ago. That’s one lesson from a 581-page report filed Wednesday by Michael Missal.A …

Missal Report Documents New Century Predatory Lending Even After General Counsel Warned Against It — Borrowers May Have Cause of Action Against Auditor KPMG Read More »

MORTGAGE INDUSTRY KNOWS THEY HAVE CHAIN OF TITLE PROBLEMS: COMPANIES SPRINGING UP TO "CORRECT" (I.E, CREATE) DOCUMENTS

STRAIGHT OFF THE NET THANKS TO READER ALLON HILL IS THE NAME OF THIS PARTICULAR COMPANY. I’M SURE THERE ARE DOZENS OF OTHERS. Assignment Recording Residential or commercial, Agency or private delivery, Allon Hill offers a complete menu of mortgage assignment services. In the past 14 years, Allon Hill has prepared and recorded over 5 …

MORTGAGE INDUSTRY KNOWS THEY HAVE CHAIN OF TITLE PROBLEMS: COMPANIES SPRINGING UP TO "CORRECT" (I.E, CREATE) DOCUMENTS Read More »

20 MILLION HOMES TO HAVE NEGATIVE EQUITY — THE RESULT OF LENDER INDUCED APPRAISAL FRAUD

August 4, 2008 20 MILLION HOMES TO HAVE NEGATIVE EQUITY Housing Lenders Fear Bigger Wave of Loan Defaults By VIKAS BAJAJ The first wave of Americans to default on their home mortgages appears to be cresting, but a second, far larger one is quickly building. Homeowners with good credit are falling behind on their payments …

20 MILLION HOMES TO HAVE NEGATIVE EQUITY — THE RESULT OF LENDER INDUCED APPRAISAL FRAUD Read More »

Foreclosure Defense: CNN 2005 Report Lender Pressure on Appraisers — "A train wreck waiting to happen" IT DID!

more than 8,000 appraisers – roughly 10 percent of the industry – have signed a petition asking the federal government to take action. “There are a lot of people who have refinanced for more than their homes are actually worth and they’re effectively already upside down even without a real estate bubble bursting,” said Callahan. …

Foreclosure Defense: CNN 2005 Report Lender Pressure on Appraisers — "A train wreck waiting to happen" IT DID! Read More »

Scroll to Top