13 Questions Before You Can Foreclose foreclosure_standards_42013 — this one works for sure If you are seeking legal representation or other services call our South Florida customer service number at 954-495-9867 and for the West coast the number remains 520-405-1688. In Northern Florida and the Panhandle call 850-765-1236. Customer service for the livinglies store with …
See Financial Times for full article Editor’s Comment: Barofsky’s characterization of the Geithner doctrine is accurate and appalling at the same time. The decision was made across the board that the stability and illusion of financial health on Wall Street was and is more important than anything else is what led to a prolonged recession …
Barofsky Challenges Geithner Doctrine: Crushing the Bank Oligopoly Read More »
Editor’s Note: Yves wrote the piece I was going to write this morning. See link below. The salient points to me are mentioned below with comments. The principal point I would make is that Obama has been listening to people who are listening to Wall Street. The Wall Street spin is that this is just …
Yves Smith Nails Obama on Failed Housing Policies Read More »
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MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: It is time to start filing complaints with every agency regulating banks, notaries, servicers and lawyers. Consumer complaints to the Attorney general’s office would also be advisable. If you have good grounds (speak to a lawyer in the jurisdiction in which …
OCC MIGHT BE GETTING MORE PROACTIVE: FILE COMPLAINTS NOW Read More »
EDITOR’S NOTE: Johnson is a leading economist who has been a consistent critic of anyone who fails to face reality. Applying his knowledge as an economist form the International Monetary Fund, his point is that we have a bank oligopoly in control of our society and that the TBTF banks are running the show. I …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: FLOYD NORRIS OF THE NY TIMES HAS WRITTEN WHAT I WAS THINKING. The question is whether we will learn from the incidents and be very aggressive in dismantling a system that poses this kind of risk. We have always heard anti-regulators say the same thing: crying wolf …
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary WALL STREET: THE UNTOUCHABLES Representative Stephen Lynch, Democrat of Massachusetts, warned: “You think regulation is costly? How about the $7 trillion we just lost from not regulating the derivatives markets.” EDITOR’S NOTE: Our institutions are compromised with moral hazard every way you turn. The FDA, …
SEC FUNDING CREATES CONFLICT OF INTEREST AND BAD NEWS FOR CONSUMERS Read More »
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 …
“Each year they will launder more money back into the system and back onto the books so it becomes “on balance sheet” but the explanation of where the profits came from will be double-talk. But as long as we let them do it, they will be using the proceeds of purse snatching from the little …
The outlook is bleak in terms of government providing for the common welfare and common defense. We have a coup d’etat that is a fait accomplit. The job is finished. Wall Street and the insurance companies are running the country. So it is up to us to go with the flow and have them wondering …
AP IMPACT: US diluted loan rules before crash – Gov’t rejected tougher mortgage rules in 2005 WASHINGTON – The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the …
Bush Administration Saw It Coming, Was Told to do Something, Did Nothing Read More »
