Archive for 'bubble' Category
Jan 11, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary I am receiving confidential reports that lawyers who work for firms representing securitizing banks consider themselves working for “the dark side.” From the junior lawyers on up attorneys are reconsidering their representation of would-be foreclosers or even defending them against quiet title and borrowers’ damage […]

Jan 11, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Neil F Garfield, Esq. Judge Arthur Schack, left, of New York State Supreme Court, called one filing “outrageous.” Jonathan Lippman, the state’s chief judge, says lawyers must ask clients if their paperwork is sound Ozier Muhammad/The New York Times SHODDY AND FALSE PAPERWORK CITED NEW […]

Jan 11, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: LIVINGLIES HAS INDEPENDENTLY VERIFIED EVERY STATEMENT OF THIS WHISTLE-BLOWER. IT OPENS THE DOOR TO A WHISTLE-BLOWER LAWSUIT, A QUI TAM ACTION IN WHICH THE RELATER OR WHISTLE-BLOWER CAN RECEIVE HUNDREDS OF MILLIONS OF DOLLARS AS WILL THE LAWYERS. I’m sure that some smart […]

Jan 10, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Mark D Killian, Managing Editor of the Florida Bar News, says in the 1/1/11 issue: “An affidavit signed in California and notarized in Minnesota, is hard for a Judge to ignore — even when the foreclosure is uncontested.” He was referring to testimony to the […]

Jan 10, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary We all know the expression about the light at the end of the tunnel being an oncoming train. Title agents and title carriers are in the middle of a tunnel intersecting with other tunnels each with a light of an oncoming train. In a word, […]

Jan 10, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary COLLATERAL BENEFIT REPLACES COLLATERAL DAMAGE NOTABLE QUOTES: Concluding that neither institution had proved it had the right to evict the borrowers, the Supreme Judicial Court voided the foreclosures, returning ownership of the properties to the borrowers and opening the door to other foreclosure do-overs in […]

Jan 10, 2011

THE BEST PRIMER FOR LAWYERS AND HOMEOWNERS AND THE BEST SET OF EXHIBITS FOR COURT Office of the Attorney General Economic Crimes Division FLORIDA FRAUD REPORT PREPARED BY: JUNE M. CLARKSON, THERESA B. EDWARDS AND RENE D. HARROD

Jan 9, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: The action that needs watching is how the banks are maneuvering to settle for pennies on the dollar. They have the offset of the bailout and other payments to work with on both sides of the insurance contract so it isn’t as simple […]

Jan 9, 2011

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “They’re under legal attack,” said Richard Bove, an analyst at Rochdale Securities in Lutz, Florida, who rates JPMorgan’s stock a “buy.” “They’re similar to the asbestos or the tobacco industry, and they’re going to be repeatedly sued in the next few years.” EDITOR’S COMMENT: In […]

Jan 8, 2011

Wells Fargo Loses Bid to Dismiss Fraud Claims Posted on January 7, 2011 by Foreclosureblues Wells Fargo Loses Bid to Dismiss Fraud Claims By MATT REYNOLDS ShareThis (CN) – Homeowners who say Wells Fargo Bank duped them into loan-modification programs to stave off foreclosure survived a legal challenge to their case in San Francisco federal court. U.S. […]