Lender Liability

ANATOMY OF INTENT: WHY MORE THAN 800 PEOPLE COULD BE CHARGED WITH CRIMINAL INTENT

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE In the S&L scandals more than 800 bankers went to jail, why not now? EDITOR’S ANALYSIS: As you read the article below regarding NovaStar Financial, think about buying the book it came from. Gretchen and Joshua have spent a lot of time not just taking notes …

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MARY COCHRANE: FOLLOWING THE MONEY — BACK TO THE HOMEOWNERS?

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FOLLOWING THE DOCUMENTS SENDS YOU DOWN A RABBIT HOLE EDITOR’S ANALYSIS: If you the follow the money you are following the truth and if you stick with the money then your pleadings and proof will be congruent and persuasive. If you follow the documents, as the …

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MARY COCHRANE UNRAVELS CHASE MANAHATTEN MORTGAGE CORPORATION

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Pay Attention Please very important to many consumers: ‘CMMC’ Chase Manhattan Mortgage Corporation (Parent JPM) in Agreements with Norwest Corp in 1996 its newly acquired affiliate, largest producer of non-conforming mortgage products…. Special Purpose Vehicles (SPV’s) joint ventures … As related to Norwest Asset Acceptance Corp …

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Cochrane: Deutsch Unraveled — COMPLEXITY COVERS FRAUD

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Now they are trying it again, with the help of the NY FED. The characterization of the loan models as “originate and distribute” gives the impression that the loans were underwritten first and then distributed pursuant to a securitization plan. They are again retreating to complexity …

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U.S. Trustee Exec: Toxic Practices Are Typical and Harmful

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Bank PlayBook: Whatever it Takes to Foreclose EDITOR’S NOTE: Despite the recent obvious NY Fed attempt to thwart disclosure of the truth about the obligations,, notes, mortgages and mortgage bonds, the lie we have been living on Wall Street is unravelling. It is becoming exquisitely obvious …

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DEUTSCH BANK SHAM STARTS TO UNRAVEL

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE In re: MARIA RENEE BALDERRAMA, Chapter 7, Debtor. CARLA P. MUSSELMAN, as Chapter 7, Trustee, Plaintiff, v. DEUTSCHE BANK TRUST COMPANY AMERICAS, in trust for Residential Accredit Loans, Inc. Mortgage Asset-Backed Pass-Through Certificates, Series 2007-QH5, Defendant. Case No. 6:10-bk-07828-KSJ, Adv. Pro. No. 6:10-ap-00245-KSJ. United States Bankruptcy …

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FOLLOW THE MONEY and THEN THE DOCUMENTS

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Mary Cochrane with her endless research provides an in depth look at the subsidiaries of Wells Fargo below. The point here is that you should be following the money rather than concentrating on the chain of documents. If you follow the money, then you …

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NBC NIGHTLY NEWS: FORECLOSURE DOC'S FABRICATED AND IT MATTERS

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM NBC NIGHTLY NEWS WITH BRIAN WILLIAMS MAINSTREAM MEDIA GETS IT AND RUNS WITH IT As I have said, for years, this will be long process. The banks will spin their tales and the mainstream media will pick up on the bank’s version of events because the banks seem more …

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MERS SUED BY HOMEOWNERS FOR $100 MILLION IN MICHIGAN

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM PLAINTIFFS USING DATA OBTAINED FROM LIVINGLIES/LUMINAQ SEE LIVINGLIES/LUMINAQ COMBO TITLE AND SECURITIZATION ANALYSIS EDITOR’S NOTE: It’s really very simple. The securitizers on Wall Street decided that MERS had the least amount of assets so it was a remote vehicle that would not kick back to them if the foreclosures …

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AZ APPELLATE COURT REVERSES FORCIBLE DETAINER (EVICTION)

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM see case decision BANK OF NEW YORK MELLON V PATRICIA DE MEO: CV100177(2) COURTS MOVING CLOSER TO STRICT APPLICATION OF FEDERAL LAW Only six months ago the courts were very dismissive of defenses field by homeowners and tenants despite the application of numerous Federal laws designed to protect consumers, …

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PHANTOM ASSIGNMENT AT LOAN CLOSING

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM IN law school we are always told to start at the beginning, although few practitioners actually do that ,since they THINK they know at a glance the nature of the transaction. Consider the usual “loan closing” where a securitization scheme is in operation. It is a “table-funded loan” which …

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WHERE'S THE BEEF? FORECLOSURE FRAUD WORKING BUT THE BANKS SHOULD BE CAREFUL WHAT THEY WISH FOR

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM It does not appear that the banks are actually all that worried about losing foreclosure cases. If you do the math, they have a pretty good business plan. More than 95% of all victims of foreclosure fraud simply do not know they are victims, are worn out, demoralized and …

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WHISTLEBLOWER SUITS IDENTIFIES FRAUD IN AIG BAILOUT: FOLLOW THE MONEY, NOT THE PAPER

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S ANALYSIS: Don’t get intimidated. This is actually very simple. The Federal Reserve window and other “facilities” were made available to the tune of $7 TRILLION dollars (half of the debt ceiling in its current form) in order to ease the liquidity problem. The belief was that by saving …

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Cochrane: Stumpf Signor -Wells Fargo

“John G. Stumpf” a.k.a. “John. G. Stumpf” Latest Filing: 4/8/11 as Signatory As: Registrant Stumpf John G As: Signatory (Director, Officer, Attorney, Accountant, Banker, Agent, etc.) List All Filings as Signatory 17 Registrants: Chevron Corp [ formerly Chevrontexaco Corp ] Stumpf John G Target Corp [ formerly Dayton Hudson Corp ] Visa Inc Wells Fargo …

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Cochrane: RoboSigning at Aurora

CERTIFICATEGATE! Did E.Todd Whittemore robo-sign as Officer of Aurora Loan Services LLC 10K misrepresenting who? Aurora Loan Services not listed in Federal Reserve Repository Report _____________________________________________________________________________________ Note: Todd Whittemore no longer at Aurora Loan Financial LLC now at Digital Risk LLC • Executive Vice President at Aurora Loan Services a Lehman Brothers Company • Senior …

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CITIES FIGHT BACK AGAINST WALL STREET: REDLINING UNSOPHISTICATED BORROWERS

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S ANALYSIS: Even in the most unlikely places where consumers are generally treated as deadbeats, when an institution sues alleging much the same facts as individual borrowers, Judges take it more seriously. Part of the securitization scam that fueled the appearance of a successful strategy for homeowners, investors and …

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Cochrane: American International Group Inc. 10K 12/31/1993

American International Group Inc. 10K 12/31/1993 American International Group, Inc. (“AIG”), a Delaware corporation, is a holding company which through its subsidiaries is primarily engaged in a broad range of insurance and insurance-related activities in the United States and abroad. AIG’s primary activities include both general and life insurance operations. The principal insurance company subsidiaries …

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COCHRANE: Mortgage Pass Through Security in 1997 before MERS.

Here is example of a Real Mortgage Pass Through Security in 1997 before MERS. MASTER SERVICER OCWEN BANK FSB Wholly Owned subsidiary Ocwen Financial Corporation is market leader in the Non-Performing Mortgage Loan Acquisition Business. See the language – real laws acknowledged and followed? Cut/Pasted 1/28/98 Salomon Bros Mort Sec VII…Hud-1 15-15D Registrant Salomon Bros …

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COCHRANE ON DEUTSCH-MORTGAGEIT

EDITOR’S NOTE: GOOD STUFF — VERY HELPFUL FOR THOSE OF YOU WHO ARE DRILLING DOWN Deal Book reports ‘spin’ provided by business entities who don’t want you to know how they do business. The information I find is pubic. DB is misleading you to believe related mess taking away attention from their own selves been …

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COCHRANE ON MORTGAGE IT – REQUIRED READING

MortgageIt (don’t let the name fool you to how egregious the transactions are) and intent! Subsidiary of MortgageIt Holdings, Inc. (New York State business entities). Notice Jurisdiction ‘Maryland’ so in Federal Reserve Report there is no ‘Mortgage It’ 12/31/2006 but there is a note below on DB Mortgage as related to closings of MortgageIT and …

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COUNTER-ATTACK: FORECLOSURE DEFENSE LAWYER INDICTED FOR "FRAUD"

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: IF YOU READ BETWEEN THE LINES, the attorney involved merely used the same tactic that Wall Street used — only against them. The use of a straw buyer was the cornerstone of the securitization scam. Nobody was indicted from the securitizing crowd (pretender lenders) but this attorney …

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US SUES DEUTSCH: Bank and MortgageIT “repeatedly lied”

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL NOTE: Reading and writing with one eye is a challenge. Let me confine my remarks to this. It’s about time that the United States government acknowledged that we have been livinglies promulgated by Wall Street and has now accused them pf just that in an actual legal proceeding. …

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BLOOMBERG: BOA TRYING DIVIDE AND CONQUER STRATEGY

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM “By keeping the servicers at the head of the line, the illusion of securitization is maintained. That illusion serves as the basis for assuming there is a legitimate debt that the borrower is refusing or can’t pay. Without the illusion, and sticking with the facts we have an obligation …

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THE WORM TURNS: AIG NOW SUING FOR FRAUD BECAUSE THEY CAN'T SUE ON THE LOAN OBLIGATIONS THEY PAID OFF

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THE FREE HOUSE MYTH EXPOSED: IT IS GOING TO WALL STREET EDITORIAL NOTE: Following up on my article yesterday about who owns the debt, some clarity is introduced by the filing of what will be a series of lawsuits against the underwriting Wall Street brokerage houses that sold mortgage …

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