Three cheers for Chris Hayes on MSNBC. In his new show, ALL IN, last night he reported and editorialized on the mistakes of giving banks relief and “screwing” homeowners since 2008. On his show he had Elliot Spitzer who took the administration to task for not doing something before this time. And to top it …
CHECK OUT OUR EXTENDED DECEMBER SPECIAL! What’s the Next Step? Consult with Neil Garfield For assistance with presenting a case for wrongful foreclosure, please call 520-405-1688, customer service, who will put you in touch with an attorney in the states of Florida, Tennessee, Georgia, California, Ohio, and Nevada. (NOTE: Chapter 11 may be easier than …
What’s the Next Step? Consult with Neil Garfield CHECK OUT OUR NOVEMBER SPECIAL For assistance with presenting a case for wrongful foreclosure, please call 520-405-1688, customer service, who will put you in touch with an attorney in the states of Florida, California, Ohio, and Nevada. (NOTE: Chapter 11 may be easier than you think). Editor’s …
Major Economists Tell Obama to Reduce Mortgage Debt Read More »
Editor’s Notes: It is already well -established that write-down of principal is the only sane thing to do in these circumstances. De Marco standing as head of of the GSE’s refuses to consider that and even refuses to push for modifications, preferring foreclosures instead. Foreclosures are what is killing the economy, destroying lives and providing …
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SHILLER: Principal Must be Written Down for Economic Recovery Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s Comment and Analysis: There is only one way this isn’t an outright bribe that should land the senator in jail — and that …
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Another Ruse: Realtors Gleeful over Equator Short Sale Platform Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 …
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual – Pre-Order NOW for an up to $150 discount LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Want to read more? Download entire introduction for the Attorney Workbook, Treatise & Practice Manual 2012 …
AP Fannie, Freddie and BOA set to Reduce Principal and Payments Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: Thanks to Home Preservation Network for alerting us to John Griffith’s Statement before the Congressional Progressive Caucus U.S. House of Representatives. See his statement below. People who know the systemic flaws caused by Wall Street are getting …
5 years ago it was obvious to anyone with the facts that the entire system or mortgage origination and mortgage foreclosures had been turned on it’s head, starting with one huge lie: that the value of the property exceeded the amount of the loan. It was in 2005 when 8,000 appraisers warned congress that their …
Five Bad Reasons to Avoid Principal Correction (Reduction) Read More »
First, let’s talk to the guy that says homeowners shouldn’t get a break because it would be unfair to him. After all he paid his mortgage and he is still paying his mortgage and nobody is helping him, right? Wrong. Everyone who has a mortgage is getting a federal subsidy. They get to pay less …
Why Everyone Should Support Principal Corrections on Mortgages Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Calculated Risk has the right idea but the wrong calculation. It is relying on published reports of underwater houses and the amount they are underwater. The true figure is at least $1.4 trillion, which would make the settlement around 1.75 cents …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: We’ve been saying here for 4 years that ultimately the ONLY way out of the economic crisis is to use real data and skip the ideology, blame and politics. Nocera, pouring over data accumulated by intensive analysis, states that the data …
DATA IRREFUTABLE: PRINCIPAL CORRECTION (REDUCTION) IS THE ONLY WAY OUT Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE — EVIDENCE COUNTS!!! click-here-to-register-for-seminar WHY YOU NEED TO ATTEND GARFIELD CONTINUUM SEMINAR If you don’t understand why the bundling of mortgages at the level of the investment banks is important to your case(s) involving securitized mortgages, then you don’t “get it” yet. …
NY and DE Examine Trust Documentation: Pandora's Box Open Read More »
SUBMITTED BY ANN http://stopforeclosurefraud.com/2010/03/20/choosing-an-attorney-who-understands/ Questions to Ask Attorney Before Retaining: • How long has the attorney been practicing foreclosure defense? • What are his/her strategies and tactics in that defense? • How many foreclosure cases has the attorney defended? • How many foreclosure cases has the attorney gotten dismissed? • How many foreclosure cases has …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THEY STILL DON’T GET IT EDITOR’S ANALYSIS: The plan is from Wall Street, the facts are fictional, and the result will be negligible. I commend Obama for getting more aggressive but his advisers are still not giving him the right information. If he had it, I believe he would …
Bank of America Takes $533,500 Loss on Barbara Desoer’s Home Posted on March 11, 2011 by Foreclosureblues Today, March 11, 2011, 6 hours ago | ceramic cat FROM: http://blogs.wsj.com/deals/2011/03/1…_share_twitterBank of America Corp. is fighting an effort to force U.S. banks to reduce the amount some borrowers owe on their mortgage. But property records show that the …
BOA CORRECTS PRINCIPAL – $533K – IN BORROWER SETTLEMENT FOR BOA EXEC Read More »
COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ SEE modification-plan-sought-follow-the-money-not-the-paperwork EDITOR’S NOTE: Moynihan is pulling out the old argument, trying to stir up people who have been paying their mortgage so he and the other mega banks won’t be required to cough up trillions of dollars they stole through fraudulent appraisals of property inducing …
BOA SAYS NO TO CORRECTION OF PRINCIPAL: "UNFAIR AND UNEXPLAINABLE" Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “While Wall Street has us all thinking that this is so complicated that it can never be unraveled, the reverse is true. If the homeowner was the victim of a crime or misfeasance or malfeasance, then the homeowner has every right to restitution and redress …
THE PROBLEM WITH PRINCIPAL "REDUCTION" VS PRINCIPAL "CORRECTION" Read More »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LIVINGLIES-GARFIELD CONTINUUM BLOG EDITOR’S NOTE: The problem I have with this kind of reporting is the presumption that the using a lower amount of principal as the amount due under the mortgage is some sort of gift to homeowners. It is “PRINCIPAL CORRECTION” not principal …
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livinglies-general-store livinglies-newsletter-provides-more-strategic-info POLICY CHECK: The issue is not “principal reduction” or even “short-sale”. The issue is obvious. The “values” used in the marketplace were accepted because of lies that people relied upon, whether it was reasonable for them to have relied on those lies or not. It is not “principal reduction” that will correct the …
"PRINCIPAL CORRECTION": INDUSTRY AND GOVERNMENT BLOCKING SHORTSALES Read More »
Editor’s Note: Housing prices will continue to decline until median income starts to flatten out. All signs indicate that we are in for another 10%-20% drop as conventionally measured. Remember that housing prices do NOT take into consideration selling expenses and concessions at closing. All things considered, housing prices should be at least 8% under …
