Long beach

The Big Hoax: Are "Sales" of "Loans" and "Servicing" Real?

References to sales of loans and servicing rights are usually merely false assertions to distract homeowners and lawyers from looking at what is really happened. By accepting the premise that the loan was sold you are accepting that the loan was (a) real and (b) owned by the party who was designated to appear as …

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Cal. 3d DCA: WRONGFUL FORECLOSURE — You Can Cancel the Assignment, Notice of Default, Notice of Sale and Reverse the Sale.

This decision “Not for publication” takes one more step toward unravelling the false claims of securitization that resulted in millions of fake foreclosures over at least 15 years. The pure nonsense being peddled by Wall Street investment banks still remains as the underlying basis for assumptions and presumptions that are contrary to fact and contrary …

Cal. 3d DCA: WRONGFUL FORECLOSURE — You Can Cancel the Assignment, Notice of Default, Notice of Sale and Reverse the Sale. Read More »

“Keep your fingers crossed but I think we will price this just before the market falls off a cliff,” a Deutsche Bank manager wrote in February 2007

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Categorized | STOP FORECLOSURE FRAUD Internal emails indicate Deutsche Bank knew they were bankrolling toxic mortgages by Ameriquest and others iWatch In 2007, the report says, Deutsche Bank rushed to sell off mortgage-backed investments amid worries that the market for …

“Keep your fingers crossed but I think we will price this just before the market falls off a cliff,” a Deutsche Bank manager wrote in February 2007 Read More »

ALLSTATE FILES SUIT LAYING OUT ALL THE ALLEGATIONS YOU NEED

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary REQUIRED READING 2.24.2011 Chase -Allstate-Complaint JUST LOOKING AT THE TABLE OF CONTENT WILL TELL YOU WHAT YOU NEED TO KNOW NATURE OF ACTION …………………………………………………………………………………………………….1 PARTIES ………………………………………………………………………………………………………………………..7 JURISDICTION AND VENUE ……………………………………………………………………………………….16 BACKGROUND ……………………………………………………………………………………………………………17 A.    THE MECHANICS OF MORTGAGE SECURITIZATION …………………………………….17 B.    SECURITIZATION OF MORTGAGE LOANS: THE …

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Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates.

Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates. Option ARMs are the gift that keeps on giving this holiday season.  As it turns out, these pesky toxic mortgages are still sitting waiting to hit recast periods.  …

Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates. Read More »

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