Archive for 'bubble' Category
see also more-evidence-of-bank-fubar-mortgage-behavior-florida-banks-destroyed-notes-others-never-transferred-them.html L. Randall Wray L. Randall Wray is a professor of economics at the University of Missouri — Kansas City. Recent Posts * Bernanke’s Experiment Has Failed, More Quantitative Easing Is Not… * Obama’s Economic Team May Be Disbanding But They’ve Already Done… * Pension Funds Are So Big They’ll Create A Bubble […]
Maryland removes six notaries from office in foreclosure probe by KERRY CURRY Maryland to Require Loss Mitigation Reporting Beazer Pays $2.5 Million in Mortgage Settlement Maryland Governor requests 60-day foreclosure moratorium Florida judge denies Law Office of David J. Stern motion to quash Wallboard exporter in settlement with Beazer over costly repairs <img src=’http://hw.hw-ads.com/www/delivery/avw.php?zoneid=17&n=a12a1dcc’ border=’0′ […]
see also WHAT IF THE POOLS ARE EMPTY? see also heres-that-devastating-report-on-bank-of-america-that-everyone-is-talking-about-today COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Friday, October 15, 2010 Foreclosure Crisis Finally Hitting Banks Where it Hurts: Their Stock Prices I’m surprised it has taken this long for Mr. Market to wake up and smell the coffee. Major bank suspending […]
LETS NOT FORGET HER MULTIPLE SIGNATURE PERSONALITIES
Countrywide’s Mozilo to pay $67.5 million settlement By Blake Ellis, staff reporterOctober 15, 2010: 3:29 PM ET NEW YORK (CNNMoney) — Angelo Mozilo, the former co-founder of Countrywide Financial, has agreed to pay $67.5 million to the SEC to settle fraud charges. The fine was one of the largest penalties ever issued for a corporate […]
“The rule also addresses a recurring problem in servicing: the obligation for servicers to continue funding payments missed by borrowers. Under most current servicing agreements, this obligation has the effect of accelerating foreclosures as servicers seek to recover these payments by selling the home. Our new rule strictly limits advances to just three payments unless […]
SEE ALSO The Third Rail — Validity of the Loans, Notes and Mortgages COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary If you’re looking for an analogy for the current mortgage crisis, look at the salad oil scandal, where the tanks were empty and the business model was simply fraud. The only difference, at […]
Are Trusts on the Hook for Mortgage Mess? Published: Thursday, 14 Oct 2010 | 1:45 PM ET By: Diana Olick CNBC Real Estate Reporter Digg Buzz Facebook Twitter More Share Repres Will there soon be a flood of investor lawsuits filed against trusts? We’ve talked a lot about the robosigning scandal with respect to […]
Bank of America Re-Remics Cut Mortgage Debt as Basel Rules Loom By Miles Weiss and David Mildenberg – Oct 14, 2010 8:38 AM MT Thu Oct 14 15:38:50 GMT 2010 Bank of America Corp., seeking to reduce risk and meet new capital standards, upgraded billions of dollars of distressed mortgage bonds by repackaging them into […]
Florida Case dismissed – Faulty Affidavit – Indy Mac COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary ——————————————————————— By Jonathan Weil – Oct 13, 2010 9:01 PM ET Jonathan Weil http://www.bloomberg.com/news/2010-10-14/foreclosure-fiasco-s-trail-leads-to-washington-jonathan-weil.html What were banking regulators doing while some of the biggest U.S. lenders routinely filed false foreclosure documents in local courthouses around the […]
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