MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Comment: If the financial institutions were lying to each other, committing civil and criminal fraud, how much of a stretch is it to think that they are lying to the Courts, lying to homeowners, and that they lied to homeowners who bought …
JPMorgan Chase & Co. Sued by John Hancock For MBS Fraud Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Weakness of BOA Poses Threat to Entire System Editor’s Comment: When I proposed it 4 years ago, it was dismissed as the ravings of a fringe lunatic. Now it’s mainstream. BOA, Citi, JPM et al are in no better shape than the banks …
Reuters: Calls Mount to Break Up Bank of America Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Note: First let me answer the questions that have been pouring in — all asking the same thing. The answer is NO, the settlement won’t bar you from taking action to defend your home, sue the parties who defrauded you, quiet title …
AG Settlement is Not Done and Won't Do Anything. Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Comment: It’s a gutsy move. The lawyer for the newspapers filed the complaint alleging illegal mark-ups in pricing. That filing indirectly attacks their own advertising revenues. What they are going to find is that the “trustees” are not trustees at all and …
Ethics Violation Against Northwest Trustee in Oregon Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Protesters Demonstrating in Front of Foreclosure Fraud Settlement Meeting in Chicago By: David Dayen, firedoglake.com Protesters have gathered outside a meeting taking place in Chicago today between officials with the Obama Administration and some state Attorneys General or members of their staff, aimed …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT AND ANALYSIS: All efforts to date, with singular exceptions, seem to be directed at “settlements” that give short shrift to what was done to millions of homeowners, investors, states cities and towns. Pension funds have been hit hard, making it difficult …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: “Because GMAC Mortgage lacked standing to bring the ejectment action, the trial court never acquired subject-matter jurisdiction over the ejectment action. Accordingly, the judgment of the trial court is void and is hereby vacated. Moreover, because a void judgment will not support …
ALABAMA Appelate Court Deals Death Blow to Thousands of Foreclosures Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: All non-judicial states have a provision that allows for judicial foreclosure. It is one of the things that is often overlooked. My point has always been that the non-judicial statutes are unconstitutional only if they don’t allow judicial foreclosures and especially …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: In a scheme this blatantly disregarding law and common sense and a scheme that was so large as to constitute the largest economic crime in human history, it is unlikely that the “friends of Angela are limited to what we know …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: I wonder if the media, politicians and pundits realize how these multiple Occupy events are affecting the political narrative this year. The fact that Occupy protests have found their way into some stump speeches and the responses from people surveyed shows …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: Adding insult to injury it appears as though the great settlement will fall far short of the tobacco settlement, at a fraction of the nominal cost and with other people’s money used to pay for what should be criminal fines. Investors …
Banks to Pay AG Settlement with Investor Money: Deja Vu Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Analysis: I am watching these stories about the Federal Reserve Selling Loans — including subprime loans that they can’t get much traction on. But what troubles me is that the Federal Reserve is never mentioned as the foreclosing party. So do they …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Covington Issued Legal Opinions that Started MERS Editor’s Note: 4 years ago I interviewed lawyers that had detailed knowledge of the start of MERS and the entire mortgage mess. They told me, on promise of anonymity, and for use as background only, that …
Reuters: Top Justice Officials Linked With Pretender Lenders and MERS Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT There should be no question in anyone’s mind… there are only two paths ahead from which to choose. Both involve fighting a war… but on one path the battle is fought by lawyers in our courts… on the other, by citizens in our …
Mandelman: Calling All Lawyers to The Biggest Opportunity in History Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT by Barry Ritholttz www.ritholtz.com There have been some interesting buzz regarding the residential real estate market. I want to put some of it into a broader context. Yes, the usual bottom callers are out yet again, unrepentant and shameless after getting it wrong …
Realtors and Pundits Still Calling the "Bottom" of the Housing Market as Prices Slide Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S NOTE: I think this is a great example of how there are people actually standing up for the change that we the people, all claim we want. Here they are protesting the new unlimited spending law in federal elections. This is …
AP: Hundreds Protest Citizens United Ruling At US Courthouses Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT On Banks Refusing Cash Withdrawals Posted by Ann Barnhardt – January 19, AD 2012 12:35 PM MST I have received enough calls and emails on this within the last few weeks to A.) cause concern and B.) merit a post. People are having …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Editor’s Note: There is something bizarre about a process that has “lenders” foreclosing on properties only to abandon them and create further blight, giving the remaining homeowner even less reason to continue paying on their mortgages — or even to maintain them. Yet …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: The Banks are in a full court press to get amnesty for their illegal actions in defrauding people who invested in bogus mortgage bonds and who invested in bogus mortgage loans, with obscene profits stolen by the Banks tipping the scales …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: The proposed AG settlement is virtual amnesty for the Banks. For a tiny fraction of what they have stolen and are still in process of stealing, they get away with the largest economic crime in human history. This is crazy. Let …
Amnesty for Banks: Call Your Attorney General Today to Oppose Mortgage Settlement Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: I agree with the main point of this article by Shedlock (see below) — that home-ownership in this country has morphed into a disguised rental, using the banks as middlemen. I disagree that providing restitution to borrowers who were defrauded by …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT There is no Such Thing As A FREE HOUSE and why there are no foreclosure trial appellate decisions. January 19th, 2012 | Author: Matthew D. Weidner, Esq. I have had an extraordinary number of my foreclosure cases dismissed in the last year. The …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: While it’s good to see more people involved and also good to see them encouraging transfer money out of the big banks, dilution of the message is frustrating. Perhaps the organizers can rally to get things focused on point… or perhaps …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Based upon the calls and emails I receive it would appear that strategic defaults are increasing at an increasing rate of growth, which is why it is being referred to as a virus. In 2010 the Mortgage Bankers Association calculated the …
Just Say No — Strategic Defaults Spreading Virus — Christian Science Monitor Read More »
