Archive for 'bubble' Category
Dec 23, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Azzam v Brunson Opinion “Because the Defendants’ Petition does not comply with the requirements of Rule 14- 209(b)( 1), the court will grant the Plaintiffs’ Motion to Alter or Amend the order issued on October 16, 2008 and vacate the stay on the foreclosure action. […]

Dec 23, 2010

About 30% of the inquiries I get are for lawyers to represent them. We have a network of lawyers who follow the blog or who have been trained in our seminars but the ones that are taking cases at any one time is constantly changing because their caseloads fill up pretty quickly. So as a […]

Dec 22, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary NOTABLE QUOTES: Not only does the foreclosing party need to physically hold the note, but the note must be properly endorsed and transferred every time a mortgage is sold. A clear chain of title must be demonstrated to make the note valid. This is to […]

Dec 22, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary OPENING UP LIABILITY OF ACCOUNTANTS TO INVESTORS — MORTGAGE BOND BUYERS, LEHMAN STOCKHOLDERS AND HOMEOWNERS — “MASSIVE ACCOUNTING FRAUD” CITED READ ARTICLE IN FINANCIAL TIMES WITH LINKS TO OTHER STORIES LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL EDITOR’S ANALYSIS: There are two parties whose job it was to know that their […]

Dec 22, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: The only thing new about this is that it is being announced. The banks have been correcting principal when pushed to the wall for more than three years and then burying the deal under a confidentiality agreement. Just to help you with the […]

Dec 22, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary WHAT IF ALL THE FORECLOSURES ARE WRONG? The target lenders are Bank of America/ Bank of America Home Loan Services, Allied Financial, formerly GMC; J.P. Morgan Chase/Chase Home Finance, Wells Fargo/Wells Fargo Bank/ Wells Fargo Financial of New Jersey, Onewest Bank FSD, and Citibank. LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL […]

Dec 22, 2010

TO: AMERICAN HOME MORTGAGE SERVICING, INC., ===================================================================== SECOND QUALIFIED WRITTEN REQUEST AND DISPUTE LETTER TO “NOTICE OF ACCELERATION OF LOAN MATURITY” AND “NOTICE OF FORECLOSURE SALE”. Loan No.: 4000575748 MWZ No. 09-300801-910 This is a “qualified written request” under Section 6 of the Real Estate Settlement Procedures Act (RESPA). I understand that under Section 6 […]

Dec 22, 2010

SUBMITTED BY 4EqltyMom Just in case anyone is looking, here’s some info on the latest with SEC filing against Wells Fargo and other home mortgage companies. I searched Wells Fargo +SEC investigation +foreclosure. Wells Fargo Exec Admits Faulty Doc Review 10/4/2010 http://bit.ly/gknXTS SEC Goes Deeper in Foreclosure Fraud Exam 12/17/2010 http://bit.ly/h92VR9 SEC Ramps up Foreclosure […]

Dec 21, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: Read NY Times Article “The revelations three months ago that large banks were sloppy and negligent in preparing foreclosure documents underscore just how important it is for distressed homeowners to have representation, lawyers and consumer advocates say. Homeowners whose cases were handled improperly […]

Dec 21, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary submitted by MAD AS HELL [DISCOVERY HINT] “The Title companies got for the most part their instructions from many different players and the closing files are a treasure trove of information.” “The borrowers had no idea that I as a broker was getting paid a […]