LOAN MODIFICATION

FINALLY! BOA FACES CLAIMS FOR BOGUS MODIFICATION ACTIONS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Anyone who has entered into mortgage modification process with BOA or any other bank acting as servicer or otherwise knows the story. The Bank does everything it can to delay the process until the borrower gets into serious trouble and then …

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Homeowners, Law Enforcement Target Attorney Foreclosure Mills

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: I’m not sure where the piece originated from but it seems credible. I do know that there are approximately 2 dozen lawsuits in the process of being filed or served on law firms that engaged in unlawful robosigning within their offices. …

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WHY THE BANKERS WILL LOSE AND GO TO JAIL

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Calwestern is a standard player in foreclosures. The thing to remember is that the function of Calwestern, Recontrust (BOA) et al did not exist before securitization. So the question to ask is why would they need a substitute trustee or different servicer to …

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MERS $100M MICHIGAN CLASS ACTION COMPLAINT GOOD MODEL OF PLEADING

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE WILLFUL CIRCUMVENTION OF JUDICIAL PROCESS GIVES RISE TO SUIT FOR DAMAGES 110509-MERS-Class-Action-Complaint This pleading has several elements worthy of note and seem well-pleaded. Some of the “juicier” ones are toward the end. The key concept is that under recent decisions, any foreclosure and/or dispossession by MERS …

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Judge Monaco and the Fantastic Floating Allonges: Cashing Someone Else's Check

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE HERRERA DECISION CLICK HERE Judge Monaco and the Fantastic Floating Allonges by Mike Wasylik – http://floridaforeclosurefraud.com/ Some foreclosure plaintiffs are trying to cash someone else’s checks. Some foreclosure plaintiffs are trying to cash checks that don’t belong to them, and forging evidence …

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BOA AND JPM CORRECTING BALANCES ON HIGH RISK LOANS WITHOUT APPLICATION FROM BORROWERS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “It’s a huge problem,” said the economist Sam Khater. “Reducing negative equity would spark a housing recovery.” Big Banks Easing Terms on Loans Deemed as Risks EDITOR’S COMMENT: The banks know they have little chance of winning this battle when the end of …

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NO END IN SIGHT: MINNESOTA SHUTS DOWN COMPLETELY

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: It’s frustrating. Many of us did the math and came up with the only possible conclusion. State and local governments would default, starting now, in increasing numbers. They default on essential, social and other services leaving he citizens without any government …

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WAMU Shareholders Get Settllement Based on Bad Loan Practices

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITORS COMMENT: Is it me? Or does it seem that everyone — investors, governments, and anybody BIG is getting paid hundreds of millions of dollars or even billions of dollars from all the big players in the securitization (derivative scam) but NOBODY is …

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Herrera Decision Goes Public: It's Official

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE HERRERA DECISION CLICK HERE EDITOR’S NOTE: Courts are getting increasingly bold. The Herrera Decision had broad application in favor of borrowers but was initially announced as “not for publication” which is another way of saying that the decision is not binding on …

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TBW Exec Gets 30 Years, More to Come: NO REMORSE, 14 Fraud Counts — GUILTY

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “We’re going to pursue financial institutions when we believe we can prove those cases,” Lanny A. Breuer, the assistant attorney general, said in an interview on Thursday. “These can be very complicated cases that take a long period of time.” ONE DOWN 400 …

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BANKS PAYING OFF HOME LOANS? TO WHAT ACCOUNT WILL THESE "SETTLEMENTS" BE CREDITED?

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “The game is on: a race to foreclose and get the properties in the name of some entity that is “bankruptcy remote.” While investors and homeowners continue to sort out what happened to them and why they are in the hole, the banks …

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EPIDEMIC OF FRAUD: 75% OF ALL ASSIGNMENTS ARE INVALID

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE  3 MILLION FORECLOSURES VOID Southern Essex Registry of Deeds Audit Reveals That 75% of Assignments of Mortgage Are Invalid; O’Brien Says Banks Responsible for an Epidemic of Fraud. Once again urges Attorney’s General to stop Bank settlement talks Posted on29 June 2011. Commonwealth …

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Investors Try to Use Trustees as Wedge in Mortgage Put-Back Fight

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Instead of looking for “buy-backs” they should be suing for fraud, because there are no mortgages. American Banker  |  Monday, June 27, 2011 By Alex Ulam A new avenue of attack may be opening up for investors seeking to force big …

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FANNIE MAE DOES THE DIRTY WORK FOR BANKS: TRYING TO STEM THE RISING TIDE OF STRATEGIC DEFAULTS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Author: Donna Fasi Comment: This response is my reaction to the news on June 23 that Fannie Mae is going to punish borrowers for walking away from their homes. Do your homework. Millions of borrowers from every walk of life TRIED to work …

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NOTARIES, DOCUMENTS BEING REVOKED IN DEKALB COUNTY, GEORGIA

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE DEKALB COUNTY, GA REVOKES NOTARY LICENSES AFFECTING THOUSANDS OF DOCUMENTS It took a while, but the government agencies are noticing and acting on the fact that have been sleeping while notaries’ seals show up on documents that are dated BEFORE they were licensed …

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GOLDMAN WEB OF DECEIT AND TAX EVASION: BKR TRUSTEE SUES FOR FRAUD

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Lee Farkas of TBW was right when he said, “I could rob a bank with a pencil.” AUCTION SALES INCOMPLETE FOR NON-PAYMENT: TRUSTEE DEED SHOULD NOT BE ISSUED SUBSTITUTE TRUSTEE COULD BE SUED FOR DAMAGES EDITOR’S COMMENT: It’s like a checklist of things …

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BOA TO PAY $8.5 BILLION TO INVESTORS: IS BALANCE REDUCED OR PAID ON LOANS IN THE POOL?

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: The investors put up the money for the funding of mortgage transactions with BOA and other investment banking operations brokering the deal. Now BOA is about to pay the largest settlement to investors so far. The real question is that if …

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3 QUI TAM ACTIONS UNSEALED: HUNDREDS OF MILLIONS CLAIMED IN DAMAGES TO STATES IN CA AND NV

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Filed – First Amended Complaint 10 May 10 11 Third Amended Complaint nevada 16 Third Amended Complaint Nevada One is the MERS recording fee qui tam and the other is for false claims of tax exemption made to avoid payment of transfer taxes …

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Thigpen Failed to Meet with President, Economic Advisers on WH Visit

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Thigpen Failed to Meet with President, Economic Advisers on WH Visit Today, June 21, 2011, 5 hours ago | David Dayen (photo: Rev Dan Catt) “It was a bust.” That’s what Guilford County register of deeds Jeff Thigpen told me about his visit …

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Law firm Fisher and Shapiro sued over foreclosure cases

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Law firm Fisher and Shapiro sued over foreclosure cases Share1Comments 0 By Mary Ellen Podmolik 4:22 p.m. CDT, June 21, 2011 A former Chicago resident whose home is in foreclosure has filed a lawsuit against Fisher and Shapiro LLC, the law firm that …

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Weary Robosigner Gets Punchy and Vulgar on Signing "Linda Green" et al

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE USE OF C-WORD IN PLACE OF SIGNATURE SEE ALSO recording-office-refuses-robo-signed-documents SEE LINDA GREEN “SIGNATURE” HERE: Match found in Hillsborough County Linda Green C–t The use of the C-word in place of even a forgery of Linda Green’s signature should ring the bell. For …

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Poppa Koppa Reporting Success in So. Cal.

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Charles Koppa Reporting: I had 3 hearings today, June 23, 2011: The status conference for my Adverse Claim, the Motion to dismiss the Adverse Claim, and the Motion for Relief of Automatic Stay. My Adverse Claim was dismissed until I have standing to …

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Regulators Pushing for Banks to Have Their Own Money at Risk in Mortgages

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Editor’s Note: Right idea. If the commercial banks were actually lending their own money, if Wall Street was required to buy a piece of the crap they were selling, the situation could have been different. But under current proposals it would not have …

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JPM PONZI Participation was Intentional

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: And for all those who are still hanging onto the idea that the big Wall Street banks could be negligent but not intentional in confusing and defrauding investors, here is the Madoff Trustee saying otherwise. It’s interesting that people who were …

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