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Sheila Bair

Sheila Bair Had a Plan to Make Banks Pay for Dishonest Dealing Causing the 2008 Crash

10 Comments / burden of persuasion, burden of pleading, BURDEN OF PROOF, Corruption, foreclosure, Servicer / By

Sheila Bair (ex FDIC Chairwoman) has always understood. She was fired for understanding. It’s hard to understand that the TBTF banks were NOT speculating and never lost any money. Harder still to understand how they stole trillions of dollars from the US economy. And finally harder still to understand how “lenders” could cause a crash. …

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Forbes: TBTF Banks have $3.8 Trillion in Reported Loan Portfolios — How much of it is real?

9 Comments / Fabrication of documents, FDIC, foreclosure, foreclosure defenses, forensic investigation, Investor, legal standing, standing / By

The five largest U.S. banks have a combined loan portfolio of almost $3.8 trillion, which represents 40% of the total loans handed out by all U.S. commercial banks. See Forbes: $3.8 Trillion in Portfolio Loans I can spot around $300 billion that isn’t real. Let us help you plan your foreclosure defense strategy, discovery requests and …

Forbes: TBTF Banks have $3.8 Trillion in Reported Loan Portfolios — How much of it is real? Read More »

New Jersey Court Invokes Golden Chicken of Law

7 Comments / Corruption, discovery, Discovery -Subpoena, Fabrication of documents, foreclosure, Investor, Servicer / By

Not only did this court get it wrong, it apparently knew it was getting it wrong and so ordered that the case could not be used as precedent. Steve Mnuchin, now Secretary of our Treasury, was hand picked by the major banks to lead a brand new Federal Savings Bank, called OneWest, which was literally …

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FDIC Employee Quits and Goes Public With Complaint Against Chase, WAMU, Citi and two law firms

18 Comments / foreclosure / By

For further information and assistance please call 954-495-9867 or 520-405-1688 ======================= See Eric Mains Federal Complaint see Mains – Table of Contents.petition 2 transfer On Monday Eric Mains resigned from his employment with the FDIC. He had just filed a lawsuit against Chase, Citi, WAMU-HE2 Trust, Cynthia Riley, LPS, WAMU, and two law firms. Since …

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Innovative Lawsuits Test the Credibility of Securitized Loans

8 Comments / foreclosure / By

For further information or assistance please call 954-495-9867 or 520-405-1688. ——————————————— see http://dealbook.nytimes.com/2014/11/27/u-s-backed-mortgages-put-to-test-in-a-lawsuit/ If you ever saw the movie “The Firm” from the book by John Grisham, you know the ending. The whole system was rigged but what finally produced a result was mail fraud, which is generally off the radar screen for any lawyer …

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People Who Were Wrong Are the Winners — SO FAR

15 Comments / AMGAR, education, escrow agent, foreclosure, Occupy Movement, Title / By

First of all I don’t think Geithner caused the financial crisis. He certainly contributed to it but it probably would have happened even if he had not undercut Sheila Bair at every opportunity; and yes he should have listened to other people who were saying that the corruption on Wall Street had reached epic proportions. …

People Who Were Wrong Are the Winners — SO FAR Read More »

Sheila Bair Paints Picture of President concerned with borrowers vs Team Concerned with Banks

29 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Editor’s Note: Sheila Bair might have been thrown under the bus but she is still alive. Get her book if you really want to know about Obama and his team — it was a war in the White House. When Obama gets a second term I think we are going to see a large shakeout …

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Everything Built on Myth Eventually Fails

26 Comments / foreclosure / By

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 …

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Current Bank Plan Is Same as $10 million Interest Free Loan for Every American

4 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 “I wonder how many audience members know that Bair’s plan is more or less exactly the revenue model for all of America’s biggest banks. You go to the Fed, get a buttload of free money, lend it out at interest …

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60 MINUTES: SECURITIZATION PROPERTY TITLES ARE A "TRAIN WRECK"

62 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET LUMINAQ COMBO TITLE AND SECURITIZATION REPORT PAYMENT TO HOMEOWNERS TO BACK OFF LITIGATION PROPOSED 30,000 QUIET TITLE ACTIONS ALREADY FILED AND NUMBERS ARE CLIMBING SHARPLY SHEILA BAIR: A Flood of Litigation from Homeowners is Swamping the Court System. 60 MINUTES; SECOND CRISIS IN THE MAKING 60 MINUTES OVERTIME: …

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More Bank failures, More Foreclosures, More Homes Under Water

8 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Editor’s Note: Home sales will continue to drop, home prices will continue to drop, banks will continue to fail until principal reduction is recognized as the reality of the situation. More than 11 million homeowners are reportedly under water. The real number is closer to 20 million. see Modifications Pushing More Homes Underwater. Our economy cannot …

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Head in the Sand: 4 Big Mortgage Backers Swim in Ocean of Debt

16 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage / By

 Editor’s Note: Nobody wants to hear it. The housing market is dragging the government and the economic future of this country down the drain. For decades the FDIC has followed a model of dismantling failed banks by letting healthy banks take over the assets. Despite the calls from Sheila Bair at FDIC, we are clearly …

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FDIC Weighs Loan Principal Cuts to Fight Foreclosure

13 Comments / bubble, CDO, Corruption, currency, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud / By

Sheila Bair has finally let the trial balloon out of the bag. Just watch what Wall Street does to position Bair as some kind of kook. In truth, she ought to be running the financial part of this recovery although the FDIC is supposed to insure deposits, not necessarily write offs of bad loans. Bottomline, …

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