Archive for 'bubble' Category
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary It could get even worse, and probably will. The current status of title and the current status of these obligations is such that a moral hazard exists that is sure to be exploited by a new group of third parties who perceive the opportunity. Because […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: “For this, there’s only one similar example. It’s like the Enron e-mails.” “on Nov. 29, the director of WikiLeaks, Julian Assange, said in an interview that he intended to “take down” a major American bank and reveal an “ecosystem of corruption” with a […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary I know I’m going against a headwind here, but the problems we face locally and as a nation are not the fault of labor unions. There is plenty of history of graft, mob connections and slackers who are not held to competitive standards and none […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary I am not much for politics, because it seems obvious that the banks have bought virtually all government functions at the state and Federal level. And I don’t know much about the new Governor of New York except that he apparently understands what the banks […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: FLOYD NORRIS in the article appearing in today’s New York Times points out what we have been saying here for three years. We have the mid-size and smaller institutions — about 7,000 in number —- unlike most other countries, that can easily pick […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary CHECKLIST AND NOTES ON LAYMEN SEMINAR While looking for something else I discovered my notes from a seminar I gave in July, 2009. Besides some obvious spelling errors, there are numerous items that remain as relevant today as they were when those notes were prepared. […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: The mediation program can’t work. If you have one real person on one side and Donald Duck on the other, nothing but a fictional characterization of mediation is happening. see foreclosures-jump-modifications-plummet Florida foreclosure mediation report shows program is struggling to log successes By […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: Why stop there? Once you have a “safe house” you can still assert claims regarding the old one for deceptive lending practices, appraisal fraud, and challenge the right to foreclose. While there are states that allow deficiencies, those actions are usually not pursued […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE BEN WAGNER TESTIMONY In conclusion, the Eastern District of California has been one of the hardest hit by the mortgage fraud crisis, and the people in our communities and across the nation have suffered the consequences of it – from steeply reduced home values, […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary see Good Comments Below from Readers Many thanks to Simon Johnson at www.baselinescenario.com for pointing out this apparent anomaly. While more and more people are exercising their option to strategically default on the first mortgage either intentionally or because they can’t make the payment, a […]
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