Archive for 'bubble' Category
Fannie and Freddie’s Managers bought Nonprime Paper for the same Reason Merrill Did By William K. Black Benzinga Columnist January 10, 2011 13:22 PM Symbols: CRA Posted in: Politics, Economics Share 0diggsdigg Email Article Print Article The Republican members of the Financial Crisis Inquiry Commission have conducted a preemptive strike. They issued a report arguing […]
Dear Editor: Is anyone paying attention? Is anyone outraged? If not, go see “Inside Job” at the Wheeler this week. Hats off to the Filmfest Academy Screening committee/Wheeler Film Society for presenting this Wall Street-damning documentary, as well as “The Company Men.” Both films show that it was not those “pesky homeowners who bought houses […]
Follow Me Robert Lenzner StreetTalk My Profile My Headline Grabs My RSS Feed 67Share 2diggsdigg 1 inShare US Banks Reporting Phantom Income on $1.4 Trillion Delinquent Mortgages EDITOR’S COMMENT: I TOLD YOU SO!!!! EXACTLY WHERE THIS IS THIS MONEY CREDITED? WHERE IS THIS MONEY — OFF SHORE? The point missed by Lenzner is that the […]
Similar stories: Risky banks, U.S. inaction fed meltdown Regulators close banks in Florida, Arizona Regulators on Friday shuttered banks in Florida and Arizona, the first two closures of 2011 after 157 banks succumbed last year to the struggling economy and mounting bad loans. Regulators close banks in Florida, Arizona Regulators on Friday shuttered banks […]
JUDGE SCHACK| Dismisses Case With Prejudice Against Citibank Due To Counsel Failure To Comply – 2011-01-11 11:33:03-05 Citibank, N.A. AS TRUSTEE FOR CERTIFICATEHOLDERS OF BEAR STEARNS ASSET BACKED SECURITIES TRUST 2007-SD3, ASSET BACKED CERTIFICATES, SERIES 2007-SD3, Plaintiff, against Santiago Murillo, et. al., Defendants 16214/08 Plaintiff: Megan B. Szeliga, Esq. and Jenneifer M. MCann, Esq., Steven […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE USING REGULATORY AGENCIES TO PRESS YOUR CLAIMS GRIEVANCE FORMS ARE USUALLY ON THE INTERNET SITE FOR THE AGENCY Any regulatory Agency that fails to conduct an investigation, or fails to find probable cause, or fails to prosecute its licensee for discipline or fails to […]
ALSO REQUIRED READING Remember, since your “lender” is just a servicer, they do not own the note. They do not have the right to enforce the note. They can only act as a servicing agent. Please refer to U.S. Code Title 12: Banks and Banking, Part 226 – Truth in Lending (Regulation Z). This is […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Submitted by Ron: SEE title-companies-and-agents-brace-for-worst-year-of-their-existence SEE STEWART TITLE BULLETIN AFTER RON’S COMMENT BELOW See Ron’s Comment Below EDITOR’S RESPONSE: Ron’s comment is chock full of true facts. His problem is that he hasn’t caught on to the relevance. Will the title carrier pay or “fix” […]
FROM THE EDITOR: REQUIRED READING under FAS 140, the original lender sold it to the REMIC and forever lost their rights to enforce the note. the REMIC holds all the loans together into a pooling and servicing agreement. However, because they chose to avoid the IRS tax rules for double taxing, they pass on the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary ANOTHER CASE TO WATCH: When this class action is filed, it will contain allegations and details you probably didn’t know. Like the other class actions and AG actions across the country, make the effort to follow what is in the record. The position of the […]
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