Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s Comment: The figures keep coming in while the words keep coming out the mouths of bankers and realtors. The figures don’t match the …
We Are Drowning in False Debt While Realtors Push "Recovery" Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts Editor’s Comment: The very same people who so ardently want us to remain strong and fight wars of dubious foundation are the ones who vote against those who serve …
OK LAWYERS, STEP UP TO THIS ONE — It is literally a no- brainer Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s Comment: They were using figures like 12% or 18% but I kept saying that when you take all the figures together and just …
Now They See the Light — 40% of Homes Underwater Read More »
Featured Products and Services by The Garfield Firm NEW! 2nd Edition Attorney Workbook,Treatise & Practice Manual LivingLies Membership – Get Discounts and Free Access to Experts For Customer Service call 1-520-405-1688 Editor’s Comment: Crowd mentality is a double edged sword. On the way up in the boom, the myth was that the inflated prices were …
Housing Recovery Barred by Foreclosure Inventory PLUS New Sellers Read More »
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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 …
BAILOUT TO STATE BUDGETS: AZ Uses Housing Settlement Money for Prisons Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: This former chief of Aspis was convicted of having the unmitigated temerity to forge and fabricate documents. Of course this guy only forged a handful of documents and only created a few documents out of whole cloth. He …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Delaware sues MERS, claims mortgage deception Posted on Stop Foreclosure Fraud Posted on27 October 2011. Some saw this coming in the last few weeks. Now all HELL is about to Break Loose. This is one of the States I mentioned MERS has to …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: California has approximately a 1/3 share of all foreclosures. So Harris’ decision to drop out of the talks is a huge blow to the mega banks who were banking (pardon the pun) on using it to get immunity from prosecution. The …
CAL. AG DROPS OUT OF TALKS WITH BANKS: AMNESTY OFF THE TABLE Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: THE ONLY THING MISSING IS THE LARGEST QUESTION OF ALL: WERE THE MORTGAGE LIENS EVER PERFECTED? DO THEY EXIST? I also contest the issue of whether the banks were ever intending to do things right. I know from interviews I conducted …
After The Storm – Foreclosure Fraud & Robo-Signing Continues by Nye Lavalle Read More »
CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM Categorized | STOP FORECLOSURE FRAUD Internal emails indicate Deutsche Bank knew they were bankrolling toxic mortgages by Ameriquest and others iWatch In 2007, the report says, Deutsche Bank rushed to sell off mortgage-backed investments amid worries that the market for …
SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM The fact that Wall Street is so intent on doing this can only indicate one thing: they intend to do it again. Wake up America! SEE VIDEO ELIZABETH WARREN ON GOALS FOR FINANCIAL CONSUMER PROTECTION Note: One of the things that Warren brings out in the video is that …
COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ “For us to admit that we have let a small group of men abscond with and hoard the bulk of the wealth that runs our economy, would mean that we’d have to accept the humiliating acknowledgment that we have indeed surrendered our precious Democracy to the …
COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ Officials Disagree on Penalties for Mortgage Mess : If Osama Bin Laden had engineered the mortgage and ensuing financial crisis doing the exact same things (no difference) that Americans did on Wall Street, what would you say should happen to him? This act of terrorism should …
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 »
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary THE NEXT WAVE: MUNICIPAL BOND RATINGS AND DEFAULTS EDITOR’S NOTE: With heads stuck in the sand, avoiding the “third rail” of acknowledgment that tens of trillions of dollars of mortgage transactions are fatally defective, which would save or partially save the budgets of most states, …
TOP READER PICKS FOR SERVICES AND PRODUCTS EDITOR’S NOTE: This is not just a paper crash, which old-timers like myself will remember from the Wall Street paper-crash of the late 1960’s. Simple logic leads to the inevitable conclusion that property rights and contracts, mortgages, notes and obligation are all about paperwork and recording. The trail is …
EDITOR’s comment: Everyone seems to agree that nobody really knows the identity of the creditor in the millions of mortgage transactions that were created from 2001 to 2008. Yet the general consensus from the administration and the media is that these transactions should be enforced anyway. The idea of enforcing a transaction in which only …
Three years ago, when this derivative housing mess caught my attention, the reason I started looking into it was that the basic facts didn’t make any sense. Housing prices had been going up at a rate of as much as 20% in one month. Coming from Wall Street with an M.B.A. and having studied, written …
“a ‘thing’ which has no purpose, which is absolutely conceptual and highly theoretical and which nobody knows how to price.” Editor’s Note: Think about it. The foundation of the supply of money that was pressure pumped into our economic housing system resulted in inflation of home appraisals. It was so large that everyone thought the …
Tourre: The CDO's I Create Are "Pure Intellectual Masturbation" 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 …
Editor’s Note: This article might help you understand the workings of a yield spread premium. For every 1% difference in interest rate the “cost” of the loan to you goes up 19%. Now if you look at it from the point of view of the “lender” that means the “value” goes up by 19%. That …
Yield Spread Premiums Revealed as Interest Rates Rise Read More »
The entities foreclosing don’t have ANYTHING at stake. They have no stake and yet they are still getting homes for nothing Editor’s Note: The federal plan is good as to its intent but unnecessary if the law was applied. Sure the bailout SHOULD apply to anyone who got stuck with one of these securitized mortgages. …
without raising taxes one cent, many states could recover much or all of their deficit and perhaps some states could be looking at a surplus. The money is sitting on Wall Street waiting to be claimed through existing tax laws, regulatory fees, and even damage claims much like the Tobacco litigation. Editor’s Note: Bob Herbert …
