Archive for 'bubble' Category
EDITORIAL COMMENT: One by one, the rights of people to protect themselves from criminal or other illegal behavior of corporations and government is being eradicated. This bill, once unanimously approved by congress was secretly killed. Wasteful contracts with government, improper conduct by regulators costing the taxpayers money, challenges to government excess and corporate excess, are […]
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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, […]
Today, February 10, 2011, 1 hour ago | Phil Querin “…the powers accorded to MERS by the Lender [whose name appears in the Trust Deed] – with the Borrower’s consent – cannot exceed the powers of the beneficiary. The beneficiary’s right to require a non-judicial sale is limited by ORS 86.735. A non-judicial sale may […]
Posted on February 10, 2011 by Foreclosureblues In RE Wilson | DOJ (US Trustee) in LA BK case “LPS/Fidelity acted with indifference to the truth” Today, February 10, 2011, 6 hours ago | Foreclosure Fraud “What is the economic harm to borrowers of alleged document defects pertaining to foreclosure? The answer is none. First, the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary New Questions Raised in Mortgage Financing EDITOR’S COMMENT: I worked on Wall Street and I was an investment banker. I know the mentality. If money is sitting there, they will take it and worry about it later. This article is the tip of the iceberg […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Banks Could Face $60 Billion Tab on Bad Mortgage Loans Thus no matter how well certain mortgages or “pools” performed on their own, they were still guaranteed to fail because they had assumed the liability of the worst mortgages. I believe this is called trading […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Special Kudos to Charles “POPPA KOPPA” for bringing the credit bid to my attention and the interesting fact that the minimum bid instruction comes from Wall Street corresponding with securities reports and has nothing to do with the real estate market. THE CREDIT BID IS […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: Maybe some players will fall for this, but eventually they are going to be hit with a choice of two options (1) admit that nearly all the loans have fatal flaws or (2) get the state legislatures to legitimize and reset all questionable […]
SEE BLOOMBERG BUSINESS WEEK ARTICLE The Real Estate Lobby Is Ready to Rumble Financiers, homebuilders, and real estate agents are uniting to save mortgage subsidies Sophia Martineck By Lorraine Woellert This Issue February 7, 2011 The Kids Are Not Alright Previous Issue Next Issue Related Items The Real Estate-Industrial Complex Barbara J. Thompson plans to […]
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