GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE see www.housingwire.com for full story. EDITOR’S NOTE: When the walls start to crumble as they are at Goldman, BOA, Citi and Chase, the biggest fear that emerges is who is going to “flip” and turn into the prosecution’s star witness. Then the race starts to be …
GOLDMAN SACHS EXECS BRACE THEMSELVES FOR SUBPOENAS Read More »
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Pay Attention Please very important to many consumers: ‘CMMC’ Chase Manhattan Mortgage Corporation (Parent JPM) in Agreements with Norwest Corp in 1996 its newly acquired affiliate, largest producer of non-conforming mortgage products…. Special Purpose Vehicles (SPV’s) joint ventures … As related to Norwest Asset Acceptance Corp …
MARY COCHRANE UNRAVELS CHASE MANAHATTEN MORTGAGE CORPORATION Read More »
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Now they are trying it again, with the help of the NY FED. The characterization of the loan models as “originate and distribute” gives the impression that the loans were underwritten first and then distributed pursuant to a securitization plan. They are again retreating to complexity …
Cochrane: Deutsch Unraveled — COMPLEXITY COVERS FRAUD Read More »
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE We are receiving reports that BAC is sending out letters declaring that they are transferring loans from BAC or Bank of America, the parent company as of July 1, 2011. The question is why? It seems that BOA is starting to realize the title problems inherent …
BAC TRANSFERRING HOME LOANS BACK TO BANK OF AMERICA, N.A.? Read More »
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: One of the first things that happens in any foreclosure case is that someone contacts the borrower saying who they are or who they represent. I contend that those representations should be confronted. It often happens, as Charles points out below, that more than …
DOES THAT LAWYER REALLY REPRESENT THE "BANK" — REALLY? Read More »
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Mary Cochrane with her endless research provides an in depth look at the subsidiaries of Wells Fargo below. The point here is that you should be following the money rather than concentrating on the chain of documents. If you follow the money, then you …
GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: I have in my possession a copy of an actual letter, an actual computer printout, and an actual fabricated assignment prepared by the foreclosure mill for signature by Bank of America. The foreclosure mill acknowledges the referral of the case for foreclosure and states …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: Stopa makes some very good points for lawyers to consider, the main one being that you should make it as hard as possible for the would-be forecloser to prove their case. If they really have the goods, they will prove it; but as we have seen time …
Mark Stopa: Preparing for Trial In a Foreclosure Case Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM NBC NIGHTLY NEWS WITH BRIAN WILLIAMS MAINSTREAM MEDIA GETS IT AND RUNS WITH IT As I have said, for years, this will be long process. The banks will spin their tales and the mainstream media will pick up on the bank’s version of events because the banks seem more …
NBC NIGHTLY NEWS: FORECLOSURE DOC'S FABRICATED AND IT MATTERS Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM PLAINTIFFS USING DATA OBTAINED FROM LIVINGLIES/LUMINAQ SEE LIVINGLIES/LUMINAQ COMBO TITLE AND SECURITIZATION ANALYSIS EDITOR’S NOTE: It’s really very simple. The securitizers on Wall Street decided that MERS had the least amount of assets so it was a remote vehicle that would not kick back to them if the foreclosures …
MERS SUED BY HOMEOWNERS FOR $100 MILLION IN MICHIGAN Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Investigations Launched on Wrongdoing Despite “Settlements” EDITOR’S ANALYSIS: Maybe there actually is some understanding starting to surface at U.S. regulator’s offices. Certainly the activity in EURO-land shows that our friends across the pond don’t buy the excuses or spin that Goldman and others have been spitting out through their …
GOLDMAN SACHS HIT WITH MORE SUBPOENAS ON ABACUS DEALS Read More »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: Finding that lawyers and judges are confused about the meaning and use of terms like “real party in interest” and “standing,” it hardly comes as a surprise that pro se litigants and other homeowners are confused as well. These concepts, which have been used and abused for …
CIVIL PROCEDURE: REAL PARTY IN INTEREST EXPLAINED Read More »
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 …
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 »
CERTIFICATEGATE! Did E.Todd Whittemore robo-sign as Officer of Aurora Loan Services LLC 10K misrepresenting who? Aurora Loan Services not listed in Federal Reserve Repository Report _____________________________________________________________________________________ Note: Todd Whittemore no longer at Aurora Loan Financial LLC now at Digital Risk LLC • Executive Vice President at Aurora Loan Services a Lehman Brothers Company • Senior …
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 …
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 …
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 »
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THE FREE HOUSE MYTH EXPOSED: IT IS GOING TO WALL STREET EDITORIAL NOTE: Following up on my article yesterday about who owns the debt, some clarity is introduced by the filing of what will be a series of lawsuits against the underwriting Wall Street brokerage houses that sold mortgage …
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 …
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW CLICK HERE TO RESERVE GROUP RATE AT HILTON SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Prices “Marked Up” 70% Over Values Shown on Books If Investor-lenders got their money back from the investment banker, then where is the debt from the home borrower (if the creditor is …
Tier 2 Yield Spread Premium Confirmed: Wells Fargo to Pay $11 Million to Investors Read More »
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 …
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW CLICK HERE TO RESERVE GROUP RATE AT HILTON SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Suit Filed Incorporating Agency Sanctions and Consent Decrees from Last Week “And most importantly, Fagan goes again to the heart of the securitization illusion, the falsity of the presentations made to both …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITORIAL NOTE: Everyone seems to want to see real estate moving. Buying and selling of real estate gives a warm and fuzzy feeling to those involved in the marketplace. Buyers are sweeping up bargains, much like we saw in the late 1970’s. But what are they buying? And who …
BUYERS IN FLORIDA GETTING TITLE NIGHTMARE BARGAINS Read More »
