MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 EDITOR’S COMMENT: Let’s start by saying Field is right, as far as it goes. The OCC review process is under the thumb of the Banks, and the cities and states are being extorted into “settlement” agreements that provide no help …
OCC REVIEW: Sham, Shame or Opportunity for Social Justice? Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: There are a lot of good reasons for the 10% defection rate at big banks — and the benefit flowing to smaller community and regional banks. The biggest reason appears to be a visceral dislike for the large …
Community Banks Prosper as MegaBanks Lose Customers Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Free Houses Go To Banks Not Borrowers “Kamala D. Harris, the attorney general of California, is adamant that homeowners are not looking to abuse the system. “I have met with these families,” she said, “and every single one of them …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 by Isaac Gradman, www.subprimeshakeout.com Having received copious kudos for engineering an $8.5 billion investor settlement with Bank of America over soured Countrywide residential mortgage backed securities (RMBS), “pitbull” lawyer Kathy Patrick, of the Houston-based firm, Gibbs & Bruns, has now …
Investors Getting Wise to Conflict of Interest With Banks and Servicers Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Either Deal with the Creditor or Don’t Bother Dealing Editor’s Note: Each time there is a new development in the attempts to get foreclosures settled, modified or mediated the homeowner hits a stone wall. It’s a game. The Banks took …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT OBJECTIONS TIMELY MADE TURN THE TIDE CUSTOMER SERVICE 520-405-1688 Editorial Comment: Hat tip to Weidner: The bottom line is that the pretender lender was prevented from introducing evidence of “default” and was further prevented from introducing evidence establishing the pretender’s right to foreclose. …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Analysis: It all started with flooding the market with money in deals that even Alan Greenspan couldn’t understand with an army of over 100 PHD’s. Median income was going down, median expenses were going up, and people were having …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT CUSTOMER SERVICE 520-405-1688 Editor’s Comment: Here are some issues presented by this lawsuit in which shareholders sue on behalf of the corporation (Wells Fargo) in which they hold common stock: Can any reasonable person conclude ignorance of those in the highest management of …
Scapegoating Begins: Wells Fargo Sues Its Own Officers and Directors Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Lets start with Wells Fargo HSBC Trade Bank NA the first United States Trade Bank APPROVED BY THE OFFICE OF THE COMPTROLLER OF THE CURRENCY 1995, ALLOWED ‘TREASURY’ TO BE ON DESKTOP OF EQUITY PARTNERS AND HEDGE FUND MANAGERS. Strategic partnership …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Unsound and Unsafe Processes and Practices in Residential Loans Editor’s note: Once again we have an administrative finding and an admission by the BIG 5 that their servicing and practices are both unsafe and unsound. These are fines, not restitution. The …
Fed Orders Ally, BOA, Citi, JPM, Wells Fargo to Pay $766.5 Million in Sanctions Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SEE FULL ARTICLE ON MORTGAGENEWSDAILY.COM The OCC is rolling out its first public service announcements to alert consumers about the Independent Foreclosure Review announced by it, the Fed, and the OTS in early November. The campaign follows the distribution of over 4 million letters …
OCC Issuing Alert to Consumers About Independent Foreclosure Reviews Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT INVESTORS COMING OUT OF THE SHADOWS: BANKS’ WORST NIGHTMARE EDITOR’S ANALYSIS: For those who have followed this Blog for any length of time, this news will come as no surprise. Ultimately, the proof and the relief sought by homeowners will come from investors …
MBS Investors in Revolt: Ultimatums to US Bank and Wells Fargo Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Most of the foreclosures could have been resolved through modification. In that sense, the Obama administration was correct in pressing servicers and banks to modify and giving them financial incentives to do so.They were wrong in that the servicers never had …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT Bank Fraud, SEE FULL ARTICLE ON FRAUD DIGEST.COM America’s Servicing Company Anita Antonelli SASCO Trust 2005-RF4 U.S. Bank, N.A. Wells Fargo Bank, N.A. Action Date: January 3, 2012 Location: Delaware, OH The Closing Date for SASCO Trust 2005-RF4 is August 31, 2005. All …
SASCO TRUSTS REVEAL MULTIPLE FORGERIES AND FRAUD Read More »
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT TREASURY DEPARTMENT SUSPENDED LOAN MODIFICATION INCENTIVE PAYMENTS TO BOA Arthur Schack, a state court judge in Brooklyn, in a 2010 ruling said that pleadings by the Baum firm on behalf of HSBC Bank, a unit of London-based HSBC Holdings HSBA.L, in a foreclosure …
MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT EDITOR’S COMMENT: Here is the game: A party comes into court filing a complaint against someone who is essentially unable to defend themselves. The suit is fake and uses fraudulent documents to support it. In the usual course of events the “defendant” defaults, …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Submitted BY NANCY DREWE on 2011/11/04 at 6:49 am INFORMATION CUT/PASTED FROM ‘LEONARD’ BACK IN 2005 Information about: WELLS FARGO HOME MORTGAGE AMERICA’S SERVICING COMPANY AMERICA’S LENDING NETWORK, INC. AMERICA’S SERVICING INVESTMENT I, LIMITED PARTNERSHIP NORWEST MORTGAGE or NORWEST MORTGAGE, INC. or NORWEST …
MORE RESOURCES ON WELLS FARGO-AMERICAS SERVICING COMPANY (ASC) Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE SEE IMPORTANT WHITE PAPER: National Consumer Law Firm Servicers Why They Foreclose Submitted on 2011/10/31 at 11:03 pm Barry Fagan v Wells Fargo Bank Re: Link to Lis Pendens with Evidence of Deed of Trust alteration and fraud by Wells Fargo Bank. http://www.scribd.com/doc/71080695/Barry-Fagan-v-Wells-Fargo-Bank-LIS-PENDENS-With-Evidence-of-Deed-of-Trust-Alteration-and-Fraud …
BARRY FAGAN: WELLS FARGO FRAUD CASE AND ROBO-SIGNED RHONDA BERNARD THOMAS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “This is the ultimate discovery mechanism that the Banks have been avoiding for 6 years. If it is used properly, at the end of the day everyone will know everything they need to know — where the money came from and where it …
OCC AND FEDERAL RESERVE DEMAND BANKS START REVIEW PROCESS ON OVER 4 MILLION LOANS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITORIAL COMMENT: Mary, as usual, has been very thorough. Mark this post as a resource if you have a loan potentially related to these entities. I wanted to emphasize a point she raised. One of the tricks that keeps getting past lawyers and …
MORE RESOURCES ON WELLS FARGO FROM MARY COCHRANE Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: This is but one example of compounded title problems that will mushroom over the next few years. If you think that securitization, false though it was, is difficult to grasp, wait until you try to decipher the chain of title on …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “WE’VE GOT THEM COLD.” EDITOR’S NOTE: We have all said what they did was criminal, now it is becoming official. And before you naysayers start complaining, let me point out that this has actually followed an orderly progression and you will see it …
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: It’s only the first of a series of moves that will reduce the megabanks to rubble. They are reporting a substantial amount of “assets” that don’t exist and now it is apparent that neither the politicians nor the taxpayers have any …
MEGA DEATH WATCH: MOODY'S DOWNGRADES CREDIT RATING FOR BOA, CITI AND WELLS Read More »
MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE ” I Failed… and I’m So Very Sorry” Mandelman “But the other truth is that I’m angry. I’m angry that I even have such responsibility… such power that my writing about someone’s situation has the potential to save their home from foreclosure. It …
VETERAN TAKES HER OWN LIFE: How Many More Must Die? Read More »
