TILA audit

JPM Makes $2 BILLION While Investors Lose $500 MILLION

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “The investment bank through a myriad of bankruptcy-remote controlled vehicles steps in and says WE ARE THE AGENT FOR THE LENDER AND WE WANT TO FORECLOSE. And then in the suit with investors says WE ARE NOT YOUR AGENT …

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MERS instructing members to not foreclose in name of MERS

SUBMITTED BY MARY COCHRANE MERS instructing members to not foreclose in name of MERS (Bulletin 2 Pages at Bottom). MERSCORP, Inc. Parent (VA) & subsidiary, Mortgage Electronic Registration Systems (DE) Welcome to MERS! MERS is an innovative process that simplifies the way mortgage ownership and servicing rights are originated, sold and tracked. Created by the …

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MARY COCHRANE DOING HER HOMEWORK ON INDYMAC FRAUD

Cross Reference info on Huffington. http://www.huffingtonpost.com/2011/02/13/former-indymac-execs-fraud_n_822538.html#postComment MERS MEMBER: Corporate Name: IndyMac Venture, LLC Address: 888 East Walnut Street City,State,Zip: Pasadena, CA 91101 Toll Free Number: (800) 669-2300 Direct Number: (626) 535-5555 Fax Number: (626) 535-7854 Primary Contact: Sandy Schneider Website: http://www.owb.com Member Org ID: 1008191 Lines Of Business: Originator, Servicer, Subservicer, Investor, Document Custodian eRegistry …

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YOUR LOSS EQUALS BANK PROFIT EQUALS EXECUTIVE BONUSES

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM ARE WE READY TO BE COLONIZED AGAIN BY EUROPE OR CHINA? EDITOR’S COMMENT: There is little doubt amongst economists and financial experts that the repeal of Glass Steagel opened the door to a replay of 1929 and that of course is exactly what happened. Even the most unsophisticated person …

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WELLS/WACHOVIA: NO CONSCIENCE, NO MORALS, NO REGULATION —- FRAUD

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET LUMINAQ COMBO TITLE AND SECURITIZATION REPORT WELLS FARGO KNEW THE MORTGAGE BONDS WERE WORTH LESS, MARKED THEM DOWN THEN SOLD THEM FOR MORE SEE RELATED STORIES: 60 MINUTES: TITLE PROBLEMS ARISING FROM SECURITIZATION A \”TRAIN WRECK\” 60 MINUTES; SECOND CRISIS IN THE MAKING 60 MINUTES OVERTIME: WHO OWNS …

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

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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NEW JERSEY REPORT DETAILS LPS CREATION OF FALSE DOCUMENTS

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ SEE COMPLETE REPORT: LSNJReport WERE ORIGINAL MORTGAGE DOCUMENTS FALSE OR FRAUDULENT? YES — at least that’s my opinion and the the opinion of a growing body of legal experts. Any property lawyer will tell you that you can fix …

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OUCH! — CAROL ASBURY, ESQ. BITES BACK

GET COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ ForeclosureHamlet.org aka Lisa Epstein’s Response to Nationwide Title Clearing Cease and Desist Letter Posted by Foreclosure Fraud on March 31, 2011 · Leave a Comment SAVE MY HOME LAW GROUP 3601 WEST COMMERCIAL BLVD., SUITE 16 FORT LAUDERDALE, FLORIDA 33309 TEL:  954-677-8888; FAX: 954-677-8881 CAROL C …

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EMAILS SHOW BofA’s Force-Placed Insurance Unit Hid Foreclosure Information

Posted on March 14, 2011 by Foreclosureblues BofA’s Force-Placed Insurance Unit Hid Foreclosure Information, Say E-Mails Released By Hacker Group The New York Times reports: A hacker organization known as Anonymous released a series of e-mails on Monday provided by a former Bank of America employee who claims they show how a division of the …

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LivingLies UPDATED Plan of Engagement: What to Do

UPDATE: This is THE OUTLINE of a plan that is current in its evolution but by no means complete or the last word. It replaces the entry I made in February of this year. The assumption here is that even without taking mortgage foreclosure cases into consideration, the percentage of cases that actually go to …

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John Crandall — Litton Mortgage — Promiss Solutions

If you have documents signed by John Crandall, here is some information on him that might assist in determining whether he was truly authorized to execute any documents. His close association with Litton indicates to me that he would be incapable of providing, knowing or even having access to a full accounting from the creditor …

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Why We Do What We Do

 “Without your blog I would not have found the right lawyer in my state.”                                                                                                                              – Meghan in RI “Some of the most rewarding work of my career.”                                                                                                                   – Chris Brown Esq. While we understand the many reasons borrowers pursue their cause on a ProSe or ProPer basis,  it has been our position since the …

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Securitization and TILA Audits: You Can't Do One without the Other

Article below submitted From the desk of Brad Keiser: Editor’s note: This is a perfect example of why ignoring the complexities of securitization leaves all the red meat on the table. The commingling of funds that is cited in the article below is exactly what I have I have been talking about , exactly why …

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New York Judges Slam Baum Law Firm and JP Morgan Chase Citing Questionable Legal Work

Liening on NY homeowners TRUSTEE SAYS “Chase filed documents that appear to be patently false or misleading” As pointed out in this article, 95% of foreclosures are NOT scrutinized. This is why homeowners need to go to forensic analysts, experts and lawyers. Most people are walking away from homes they still own on the basis …

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Florida Orders All Homestead Property Foreclosures into Mediation

See AOSC09-54_Foreclosures. A good step in the right directions. I would add that you should be very careful that you don’t get trapped into the “lender narrative.” The Judges are going to very receptive and even enthusiastic about referring these cases to mediation, so don’t annoy them with motions, pleadings or hearings that attempt to …

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Pursuit v UBS: Investor Case Proves Homeowners' Cases

NOW AVAILABLE ON AMAZON KINDLE!! Pursuit vs. UBS Drills Down to Real Benefits to Intermediaries While Real PARTIES — Investors and Homeowners — get the shaft UBS090909 This is a case of an investor suing the underwriter of the mortgage backed bonds purchased as “investment grade securities.” As we have pointed out on these pages …

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What to Look For and Demand Through QWR or Discovery Part II

Dan Edstrom, you are great! OK I found the loan level details for my deal. It shows my loan in foreclosure and my last payment in 6/2008 (which is accurate). What it doesn’t say (among other things) is what advances were made on the account. Very interesting. This report is generated monthly but they are …

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FOLLOWING THE MONEY — WHAT TO ASK FOR AND LOOK FOR

MANY THANKS TO DAN EDSTROM Dan has put together a list which frankly I would like him to expand. Following the money means determining the party to whom you MIGHT owe money. It certainly isn’t the pretender lender and if you can fill in the blanks on this list you will be able to show …

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TWO Undisclosed Yield Spread Premiums: Why Securitization Changes the Game

LIVINGLIES NOW AVAILABLE ON AMAZON KINDLE! SIGN UP FOR CLEARWATER, FLORIDA SEMINAR NOW So called “auditors” will miss the fact that there are two yield spread premiums that were not disclosed to either the homeowner or the investor. Failure to account for the movement of money through the securitization chain and failure to account for …

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US Bank v Ibanez: Now They Are Getting the Point

Many Thanks to Max Gardner for this contribution: See  entire Case at US Bank v Ibanez Memo of Decision Denying US Bank Mts Oct 14 2009Misc 384283 and Misc 386755 See Neil’s Abstract: judge-long-principal-must-be-disclosed See Boston Globe Article: judge-long-massachusetts-foreclosure-decision-throws-securitization-intermediaries-into-chaos-reo-sales-stopped See what-do-these-case-decisions-mean US Bank v Ibanez. Memo of Decision Denying US BankMts. Oct.14.2009 Misc 384283 and …

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NEVADA BKR JUDGE KNOCKS MERS ON STANDING ON LIFT STAY MOTION

THANK YOU TO Deontos: This is regarding “Standing” to obtain “Relief from Stay”. Riegle concluded MERS lacks “standing”. Stay tuned on this ……. It might really wreak havoc on the MERS menace in Nevada. EXCERPTED CASE FILE: UNITED STATES BANKRUPTCY COURT DISTRICT OF NEVADA * * * * * * In re ) Case No. …

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Getting Through to Judges Unfamiliar with Securitization

If I am right, then why are judges are not buying this? see msnbc discussion of “What’s in the Bag?”> object> The problem here is becoming increasingly apparent with Judges of many different ideological persuasions. This all looks like a gimmick to them. And they are right. It’s just that the one finessing the gimmick …

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For Lawyers: Sophisticated Study on "Liar's Loans

Makes for very good reading. Shows that the advent of low-doc and non-doc loans were, as epected, sure to result in higher delinquencies. As we have pointed out before here, that was the point — to get loans that were sure to go into default. That was the only way they collect the “insurance” (credit …

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