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OCC Says Bank Losses Mounting on Defective Foreclosures and Loans Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “This is the ultimate discovery mechanism that the Banks have been avoiding for 6 years. If it is used properly, at the end of the day everyone will know everything they need to know — where the money came from and where it …
OCC AND FEDERAL RESERVE DEMAND BANKS START REVIEW PROCESS ON OVER 4 MILLION LOANS Read More »
COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ NOT QUITE THAT SIMPLE EDITOR’S NOTE: The assumption is that if MERS is screwed we are all saved. I have it on incontrovertible authority that the mega banks already have a plan mapped out for that and in fact they are already putting it into action. …
Editor’s Note: Here is the problem. As I explained to a Judge last week, if Aunt Alice pays off my obligation then the fact that someone still has the note is irrelevant. The note is unenforceable and should be returned as paid. That is because the note is EVIDENCE of the obligation, it isn’t THE …
