Archive for 'bubble' Category
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary NOTABLE QUOTES: The fight between homeowners and banks before the Supreme Judicial Court in Boston turns on whether a mortgage can be transferred without naming the recipient, a common securitization practice. Also at issue is whether the right to a mortgage follows the promissory note […]
Leaked document shows Lee Co. judges tried to fix foreclosure error A 4 In Your Corner investigation reigning in Lee County foreclosure judges? Judges not requiring banks to show how much homeowners owe…even though they’re supposed to. Now, a leaked document has surfaced…showing Lee judges trying to fix their error. Fighting foreclosure, Scott Shinneman and […]
“I just asked to see my note, and they dinged my credit score. My insurance premiums have already gone up,” Marks told HuffPost. “I went to see a lawyer, we’re trying to figure out what my options are. After this, we’re thinking about some forced mediation. Why keep paying if my credit score gets battered […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary RESCISSION UNDER TILA MORE VIABLE THAN WE THOUGHT Editor’s Alert on TILA Rescission: Judges didn’t like the way the statute was worded, but the wording was very clear. “I rescind” is enough to clear the title of your property of any mortgage UNLESS WITHIN 20 […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL see also buyback-game-in-full-swing-bofa-pays-2-6-billion-to-fannie-and-freddie This is like a matching grant paid to a home invader. First they get money for just entering the yard, then they get everything they want hurting and scaring the residents, then the government gives them a matching grant for the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary FURTHER CORRUPTION OF TITLE CHAIN EDITOR’S ANALYSIS: The ball is rolling now and picking up steam. The game is to settle these claims for big numbers, diverting attention from the REAL problem. These “buybacks” give the impression that Fannie and Freddie actually had ownership of […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE CASE LAW AND 1933 SECURITIES ACT FOR DEFINITION OF A SECURITY: cl001-ch02_thumb Attorneys for lenders have an index for me that I’ll call the “obnoxious” scale because that is what they say out loud but I don’t know what they call it internally. Among […]
EDITOR’S NOTE: I GUESS IF YOU HAVE A WINNING STRATEGY, AND IT CONTINUES TO WORK EVEN THOUGH IT INVOLVES MISREPRESENTATION, DECEIT AND FAILURE TO DISCLOSE, YOU JUST KEEP GOING WITH IT. “With all these winners, who will the losers be? The average investor, of course, who will get left holding the bag when, […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: People are doing what they need to do to survive after their living quarters have been taken in foreclosure, after losing a job in an economy brought down by catastrophic irregularities in foreclosures and mortgages. I would only add that besides doubling up […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: “The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even […]
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