mortgage meltdown

Another Failed Bank: 45th this Year — MegaBank Failure on the Way

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “MEGABANKS IN STATE OF UNDISCLOSED FAILURE“ Fortune has examined dozens of court records that corroborate the employee’s testimony. And if Countrywide’s mortgage securitizations systematically failed as it appears they did, Bank of America’s potential liability dwarfs its shareholder equity, as the Congressional Oversight …

Another Failed Bank: 45th this Year — MegaBank Failure on the Way Read More »

MOTION TO DISMISS DENIED: FRAUD ALLEGED V MORGAN STANLEY

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE 56545204-MBIA-v-MS-DENIED-w It is interesting how the same allegations made by an institution are taken more seriously. In fact, the Court leaves in the prayer for punitive, consequential and future damages. Here MBIA is suing Morgan Stanley for lying about the risks and the …

MOTION TO DISMISS DENIED: FRAUD ALLEGED V MORGAN STANLEY Read More »

BANK PLOY: WE NEVER GOT YOUR DOCUMENTS

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: The truth is that the “home retention” or “modification” programs are a farce. They are merely a cover for the actual plan in effect which is to get as many houses in their pocket before the reality of the illegality of …

BANK PLOY: WE NEVER GOT YOUR DOCUMENTS Read More »

NOTE HOLDER IS NOT A HOLDER IN DUE COURSE

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FROM JOHN GALT, BUT ATLAS IS STILL SHRUGGING I’m taking this as an invitation to discuss the fact and ramifications of the noteowner NOT being a holder in due course (one who takes a note, for instance, with notice of its dishonor, i.e., it’s in default …

NOTE HOLDER IS NOT A HOLDER IN DUE COURSE Read More »

Economy is Still Choking on Housing — When Will Obama Act?

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: I am tired of reading about how economists express surprise at the sluggish economy. The same goes for when they express hope at slightest uptick in any index that is followed, none of which are real representations of economic activity. As the recent new …

Economy is Still Choking on Housing — When Will Obama Act? Read More »

NY Times Editorial: As Housing Goes, So Goes the Economy

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Where were they three years ago? Well it is still a good thing that the lead editorial connects the dots. The housing market is continuing to decline and it will continue as long as we regard the foreclosures as having any color of legitimacy. …

NY Times Editorial: As Housing Goes, So Goes the Economy Read More »

Cal AG Forms Special Task Force on Bankers' Fraud — Says Fraud Cost the State $640 Billion

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “We are looking at a situation of up to $640 billion in wealth having been lost because of this wave of foreclosures that has hit the state,” Harris said, referring to the decline in homeowner equity. “There is a direct connection” between mortgage fraud “and the …

Cal AG Forms Special Task Force on Bankers' Fraud — Says Fraud Cost the State $640 Billion Read More »

BANKS CONTINUE TO HOLD NEARLY 1 MILLION HOMES AS SALES AND PRICES CONTINUE TO PLUMMET

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STATED INCOME, STATED ASSETS (SISA) NO DOC ASSETS AND INCOME FOR THE BANKS: AS FALSE AS IT ALWAYS WAS EDITOR’S COMMENT: DICK DURBIN said it when the democratically controlled senate and house refused to even inquire about the real nature of the securitization illusion — “The …

BANKS CONTINUE TO HOLD NEARLY 1 MILLION HOMES AS SALES AND PRICES CONTINUE TO PLUMMET Read More »

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 …

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

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, …

AZ APPELLATE COURT REVERSES FORCIBLE DETAINER (EVICTION) Read More »

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 …

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

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 …

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

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 …

Cochrane: Stumpf Signor -Wells Fargo Read More »

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 …

CITIES FIGHT BACK AGAINST WALL STREET: REDLINING UNSOPHISTICATED BORROWERS Read More »

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 …

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

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 …

COCHRANE: Mortgage Pass Through Security in 1997 before MERS. Read More »

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 …

COCHRANE ON DEUTSCH-MORTGAGEIT Read More »

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 …

COCHRANE ON MORTGAGE IT – REQUIRED READING Read More »

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 …

COUNTER-ATTACK: FORECLOSURE DEFENSE LAWYER INDICTED FOR "FRAUD" Read More »

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. …

US SUES DEUTSCH: Bank and MortgageIT “repeatedly lied” Read More »

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 …

BLOOMBERG: BOA TRYING DIVIDE AND CONQUER STRATEGY Read More »

$600 TRILLION IN SWAPS: WHO OWNS THE DEBT?

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM REGISTER FOR CLE SEMINAR, HOMEOWNERS WELCOME EDITOR’S ANALYSIS: Here is the problem: $600 TRILLION in swaps seems like a big number. It is. And it is only an estimate, so we can assume there is some variance. How big is it? Well the combined currency issued across the world …

$600 TRILLION IN SWAPS: WHO OWNS THE DEBT? Read More »

MARY COCHRANE GIVES DETAILS ON FIRST MAGNUS

Dear pelucheven, on October 28, 2010 at 9:15 am said: Hi Dave I like to share with consumers you can find information to reveal how the pretender lenders do business. Example your question regarding who is:. RE: First Magnus Financial Corporation (12/311996) dba CHARTER FUNDING I never would have known if I had not looked …

MARY COCHRANE GIVES DETAILS ON FIRST MAGNUS Read More »

ILLEGAL PARKING: Housing Prices Sinking, Wall Street Stays Rich and Investors Head for Gold for Safety

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL COMMENT: Practically everyone seems to know that housing prices are going down, the dollar is getting trashed, and our position in world finance is tenuous at best and that the problems are all related. We also know that as …

ILLEGAL PARKING: Housing Prices Sinking, Wall Street Stays Rich and Investors Head for Gold for Safety Read More »

Scroll to Top