mortgages

Setting a Foreclosure Case for Trial

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Setting a Foreclosure Case for Trial by Mark Stopa http://www.stayinmyhome.com/blog/2012/01/setting-a-foreclosure-case-for-trial/ Did you know the banks and their lawyers don’t want to have to go to trial in foreclosure cases? It’s not exactly breaking news, I realize. (Recall, for instance, this post, …

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Personal contract and tort liability of trustee.

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-168 “5810.10 Personal contract and tort liability of trustee. (A) Except as otherwise provided in the contract, for contracts entered into on or after March 22, 1984, a trustee is not personally liable on a contract properly entered into in the trustee’s …

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IndyMac: LET’S NOT FORGET WHO THE OWNERS ARE!

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-168 FOR THOSE OF US WHO ARE HAVING OUR HOMES STOLEN BY ONEWEST/INDYMAC, LET’S NOT FORGET WHO THE OWNERS ARE! IndyMac Is Set to Be Sold to Private Investors December 27, 2008, By DEALBOOK IndyMac Bancorp, one of the largest banks to …

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Release on Foreclosure Fraud Settlement Looks Broader Than Advertised

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Release on Foreclosure Fraud Settlement Looks Broader Than Advertised By: David Dayen In his statement on the Administration’s new housing policies, CFPB Director Richard Cordray makes a fairly stunning response, considering it’s posted at the White House blog: The principles articulated …

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Our Turn to Strike Back: Schneiderman Files Massive Lawsuit Against Pretenders

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 “The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages. Once the mortgages went sour, these same banks brought foreclosure proceedings en masse based on deceptive and fraudulent court …

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Home prices fall for fifth consecutive month

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S NOTE: While the administration, realtors and others are trying to paint lipstick on the pig, the reality is that the housing market is as weak as ever, falling further and further in a death spiral. The number of strategic defaults …

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LAWYERS TAKING NOTE OF TITLE PROBLEMS AND HOW TO FIX THEM

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE What Now? Bevilacqua v. Rodriguez Leaves Toxic Foreclosure Titles Unclear by Rich Vetstein Share32 No Easy Fix For Defective Foreclosure Titles After U.S. Bank v. Ibanez Ruling The Massachusetts Supreme Judicial Court issued its opinion today in the much anticipated Bevilacqua v. Rodriguez …

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Bloomberg: Lawsuits Between Institutions Might Get More Traction on Securitization Scam

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: If you look at the Landmark case from Kansas and several other rulings which corroborate and apply the arguments often advanced unsuccessfully by individual homeowners, you will see a pattern: where it is institution vs. institution, the arguments were taken more …

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COCHRANE: "TEMPORARY LENDER" OR "PRETENDER LENDER?" AGENCIES PLAYING WITH WORDS

CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: Mary is right and points out potential danger signs in these moves by the government agencies. They are leaving room for new terms and possible acknowledgment and validation of the use of originating lenders who are not lenders …

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DAVID BORNSTEIN: HOW TO CHANGE THE WORLD

Foreclosure Is Not an Option By DAVID BORNSTEIN Fixes looks at solutions to social problems and why they work. Ben Baker-SmithA home boarded up in Slavic Village section of Cleveland, Ohio, in October of 2008. Given the grim news in lending and home financing in recent months, it would appear that little can be done …

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FIXING THE DEFICIT: NY TIMES CHALLENGE TO READERS

After 40 years of cutting costs and spending the American government has somehow avoided a conclusion that is so obvious that any child over the age of 10 would be able to give you the answer. This reminds me of the 30 year study by the American Medical Association in which they concluded that children …

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Regulation and Prosecution on Wall Street

In my opinion, the growing anger at Wall Street is giving Lloyd Blankfein and Jamie Dimon another chance at misdirection. They are using the current popular angst to steer the debate into whether derivatives and synthetic CDOs should be banned. In the end they will win that debate, and they should win it. What they …

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Forensic Analysis: Unions Amass Armory of Research on Foreclosures of Securitized Mortgages

“We did not service the loan,” Mr. Dale said. “We did not originate the loan, and we were not the financial entity that placed it into foreclosure. Do you understand what a trustee does?” Editor’s Note: Well, Yes Mr. Dale, we do understand what a trustee does and can do —- nothing. So why are …

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Intricate Cloaks for Securitized Transaction – Wells Fargo and Thornburg

Editor’s Note: Here is where the foreclosure or mortgage analysts get separated — the ones who understand the process of securitization and the ones who don’t. I received this from a pro se litigant in a case where Wells Fargo identified itself as the creditor/lender (as usual, not true). In fact Wells denied that the …

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The Emperor's New Clothes: THOSE FORECLOSURES ARE NOT REAL FOLKS, GET IT?

NOW AVAILABLE on KINDLE/AMAZON The Emperor\’s New Clothes: THOSE FORECLOSURES ARE NOT REAL FOLKS, GET IT? 1-in-10-u-s-mortgage-delinquencies-reach-a-record-high-going-up The Emperor is still strutting around as though he was fully clothed in the best silk, color and design. Wall Street is still the darling of government and a whole lot of other people, even if it was …

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