Archive for 'bubble' Category
Nov 4, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s Note: THAT’S IT. BLAME THE POOR PEOPLE — THE ONES WHO KNOW THE LEAST ABOUT FINANCE AND MORTGAGES. It is not as ominous as it sounds. No matter where they look they are going to find that the mortgages, notes and obligation are hopelessly […]

Nov 4, 2010

SOMEONE must see the absurdity here. Wall Street profits and bonuses are up “defying gravity.” Where is the money? I guess in the hands of Wall Street while the rest of the country languishes in debt and dim prospects of a recovery.  Show us the money. Where is it, Wall Street? what are you doing […]

Nov 4, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s Note: This is the same game we played before. each estimate rises higher than the one before it. It is obvious that these figures will once again end up in the trillions. So here is the question, are we going to protect the American […]

Nov 4, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary By Michael Riley – Nov 1, 2010 9:01 PM MT Tue Nov 02 04:01:01 GMT 2010 Tweet (23) LinkedIn Share Business Exchange Buzz up! Digg Print Email A Maryland homeowner asked a court to dismiss any Wells Fargo & Co. foreclosure actions in the state […]

Nov 4, 2010

From mersfatalflawsincalifornia   Javier Labra email4javier@gmail.com 1. Clear Title May Not Derive From A Fraud (including a bona fide purchaser for value). In the case of a fraudulent transaction California law is settled. The Court in Trout v. Trout, (1934), 220 Cal. 652 at 656 made as much plain: “Numerous authorities have established the rule that an […]

Nov 4, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: Like the Cuban Missile Crisis, someone needs to blink. Ireland is taking the unthinkable step of coming to the only obvious and workable conclusion, whether it hurts or not: there is nobody left to take the loss except the investors and the banks. […]

Nov 3, 2010

“We are faced with a choice here,” Silvers said during the hearing. “We can either have a rational resolution to the foreclosure crisis or we can preserve the capital structure of the banks. We can’t do both.” “Evidence has mounted that there are substantive problems with the liens that support significant numbers of securitized mortgages,” […]

Nov 3, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary In nearly all cases there is a reference to a trust that “owns” the loans. The first transaction is with this fictitious trust on whose behalf money is collected from investors who think they are purchasing bonds, the payor being the trust, but they are […]

Nov 3, 2010

“The Chamber of Commerce and other lobbyists help spend bank profits framing the consumer protection debate as being about “regulation,” but that is not the issue.  We have had plenty of regulation in recent decades and still have lots of regulators.  The issue is capture.  Big banks in particular disproportionately captured the hearts and minds […]

Nov 3, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s note: It is a simple proposition: without demand AND supply of capital within the economy there can be no movement. Refinancing and new financing cannot take place as long as the loan is too large relative to the property or business value. Thus we […]