MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Jefferson warned us about this system. He said that there should be sweeping changes eliminating those in power about every 20 years. Otherwise, he warned, we would eventually gravitate to what we have now — a virtual aristocracy where the wealthy …
OUR GOVERNMENT: THE OPPOSITE OF WHAT FOUNDERS INTENDED Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “Gretchen Morgenson quoted Congressman Brad Miller, D-NC, it in an August 14, 2010 article. “I’ve seen the banks going from losing no fights to losing a few fights,” Morgenson quotes Miller. “What I’ve found is the more fights we pick, the more success …
SOUTH FLORIDA CROWD SOURCE EFFORT REVEALS 50,000 BANK ERRORS IN FIRST SWEEP Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT calling in and foreclosing business loans that are current EDITOR’S NOTE: Ok, I don’t like the sound of that either. But if you look at the larger picture it all becomes clear. With our government and courts bogged down in mythological presumptions about …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Chris has distilled the discovery requests down to what he feels are the essentials. My focus is evolving toward the actual money trail because I think it is there that we will find that no money exchanged hands in connection with …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: In today’s New York Times, Morgenson details the failings of each program that was supposedly aimed to help homeowners. The article below from Yves Smith is more to the point and they are both right. BUT it is also true that …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Realtors and Banks are putting out all kinds of articles telling us that things are improving — only to retract them later, which gets less attention. The fact is that the housing recovery will not occur until foreclosures a resolved. Prices …
EVERY YEAR THE SAME: NOW THEY SAY NO HOUSING RECOVERY UNTIL 2013 Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: So the question is, if the GSE’s guaranteed and paid, then who is the creditor and how much is owed? By NICK TIMIRAOS And RUTH SIMON California Attorney General Kamala D. Harris filed suit against Fannie Mae and Freddie Mac on …
AP: FANNIE AND FREDDIE BALK AT ANSWERING QUESTIONS — CA AG SUES THEM Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SUBMITTED BY MARY MALONE Reuters and all Americans need to know that the reason there have been no prosecutions is: Attorney General Eric Holder is implicated in the cover-up. Before joining the Obama White House, Holder was a partner at the white shoe …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT FBI LAUNCHES PROBE OF FANNIE, FREDDIE Former housing execs face grilling as SEC sues over risky mortgages By Andrew Strickler and Josh Bernstein Saturday, December 17, 2011 Federal investigators want to know whether executives at mortgage finance giants Fannie Mae and Freddie Mac misled …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT TREASURY DEPARTMENT SUSPENDED LOAN MODIFICATION INCENTIVE PAYMENTS TO BOA Arthur Schack, a state court judge in Brooklyn, in a 2010 ruling said that pleadings by the Baum firm on behalf of HSBC Bank, a unit of London-based HSBC Holdings HSBA.L, in a foreclosure …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SEE FULL ARTICLE ON MSN.COM 5 things renters need to know about eviction from foreclosed properties 1. The lease and tenancy take precedence. The Protecting Tenants at Foreclosure Act of 2009 is a federal law that allows renters to remain in a foreclosed …
5 things renters need to know about eviction from foreclosed properties Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: There is no easy answer to this question. Each area of the country is different, and even the Judges in the same district are different. When lawyers call and ask me this question my usual answer is that Max Gardner is …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT WRONGFUL FORECLOSURE WAS THE RULE NOT THE EXCEPTION “Plaintiffs and consumers have paid the ultimate price through bankruptcies, evictions and foreclosures that were predicated upon false, forged, fraudulent and/or inaccurate documents,” the lawsuit charges. “Keep your eye on the MONEY. That will tell …
LPS POUNDED BY LAW SUITS AS WEAK LINK IN THE BANK SECURITIZATION SCAM Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: OK think about it. BOA is going to pay hundreds of millions to those minorities who were steered into either high interest rate loans or sub prime loans that were loaded with exotic features, including high interest rates. ” High Interest” …
BOA PAYING $335 MILLION TO MINORITY HOMEOWNERS FLIM-FLAMMED BY BOGUS MORTGAGES Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Nevada Attorney General Sues LPS – LPS Response to Nevada AG Complaint – Hogwash! http://www.stayinmyhome.com/blog/2011/12/lps-response-to-nevada-ag-complaint-hogwash/ Lender Processing Services is the largest provider of mortgage default services in the United States, processing more than 50% of all foreclosures in America. Today, the Nevada Attorney …
LPS SQUIRMING TO FIND A DEFENSE TO NEVADA AG SUIT Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “A question that comes to mind is how much we as a society are willing to sacrifice ourselves in order to punish these borrowers? Because the cost is rising and is already too much.” I applaud 60 Minutes for going back to …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “My head almost exploded clear off my body last week when I heard a foreclosure mill exclaim to a judge when questioned about how she was going to get a complaint verified: “But we don’t represent the Plaintiff, we represent the servicer!” (Editor’s …
THE FIRST LIE: "WE REPRESENT THE PLAINTIFF BANK" Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: FULL CIRCLE. When I started writing this blog I had researched the Truth in Lending law and concluded that it was one of the better pieces of legislation designed to protect consumers and maintain competition in the marketplace. That said, I …
TILA ACTIONS MAKING A COME-BACK AS LAWYERS AND JUDGES GET MORE RECEPTIVE Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT BOA SELLING at 60% OFF STATED BOOK VALUE EDITOR’S NOTE: for those of you who have read my incessant posts that the mega banks are broke, especially, BOA, the article below spells it out in simple arithmetic terms. BOA is selling at 40% …
BOA DEATHWATCH: STOCK SELLING AT 60% DISCOUNT OFF BOOK VALUE Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Not Just Standing – Standing at Inception by Mark Stopa http://www.stayinmyhome.com/blog/2011/12/not-just-standing-standing-at-inception/ On the heels of two similar decisions just a few weeks ago,http://www.stayinmyhome.com/blog/2011/11/happy-thanksgiving-from-floridas-fourth-district/ Florida’s Fourth District Court of Appeal just issued another ruling which explains the need for a bank to have standing …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CLEVELAND DEMOLISHES 1,000 FORECLOSED HOMES, 20,000 MORE SCHEDULED Rokakis: “Very often a bank will take a property to the point of foreclosure, but won’t go to the sheriff’s sale, ’cause they don’t want that property. They don’t want the responsibility of the $8-$10,000 …
60 Minutes: Banks Walking Away From Homes They Foreclosed — Why Can't You? Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT “A long era of economic stagnation could well lead to a profound national debate about an America that is dominated neither by giant corporations nor by socialist bureaucrats. It would be a fitting next direction for a troubled nation that has long styled …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: I understand that people need to make a living and how hard it is to do so. Many realtors work very hard and they went through a lot of training, education and the school of life to get to wherever they …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: When someone said mortgage fraud they were pointing the finger at borrowers or mortgage brokers. Now they are pointing the fingers at Banks, mortgage brokers, mortgage originators and everyone else that sold borrowers false loan products based upon intentional misrepresentations and …
THE HIGH COST OF THE BANKS' MORTGAGE FRAUD AND FORECLOSURE FRAUD Read More »
