Archive for 'bubble' Category
Good comment, which I edited slightly for readability: Hey Jose, run your case by the trustee who more than likely will not do a thing; request for leave to file the case in C Court, not to worry about the lender, he will remove to Fed Court. Lost Note, fight it long, hard and […]
EXPLAINING MORTGAGE MELTDOWN, IRAQ AND INEQUALITY OF WEALTH AND OPPORTUNITY The truth we don’t want to hear is the same truth we shout down as unpatriotic. It is the essence of patriotism and good journalism to speak the truth and to back it up with solid facts that are congruent with the reality we experience […]
“If you don’t read the newspaper you are uninformed, if you do read the newspaper you are misinformed.” Mark Twain Pitfalls and advice for consumers and homeowners: Don’t believe what you read in the newspapers or hear on TV. Reporters are just as lazy as lawyers and everyone else. They don’t know much about economics, […]
CONVERSION FROM INDEX TO REALITY Obama’s call for “TRUTH” is a simplified statement that calls into question the manner in which information is collected, the way it is presented and the manner in which it is disseminated to the public. Underlying this simple call for integrity is his assessment that information flow is fundamentally flawed […]
§ 226.15 Right of rescission. (a) Consumer’s right to rescind. (1)(i) Except as provided in paragraph (a)(1)(ii) of this section, in a credit plan in which a security interest is or will be retained or acquired in a consumer’s principal dwelling, each consumer whose ownership interest is or will be subject to the security interest shall have the right […]
BEWARE OF SCAMS As though it isn’t bad enough, we are receiving increasing numbers of reports of scams, mistakes and just plain stupidity on the part of lenders, investors who own mortgage-backed securities etc. Like the woman who just told she is in foreclosure by Wells Fargo on a house she never closed title […]
That confidence in the U.S. dollar is at an all-time low is no surprise. But when countries start propping up currencies that are barely on the radar, you know that central bankers are thinking that the U.S. government is not doing enough to shore up the fundamentals of its economy. This translates to a lack […]
In this study, the authors provide an exhaustive and invaluable aid, with plenty of charts and explanations of the mortgage meltdown, sub-prime and general credit crisis. This is MUST reading for anyone who is filing securities actions and foreclosure defense. With this paper, you can understand who the players are and what they were doing. […]
Foreclosure Defense: Countrywide Ruling Can be Cited as Persuasive Support for Bad Lending Practices
COUNTRYWIDE SUED FOR IMPROPER LENDING PRACTICES BY ITS SHAREHOLDERS: GOOD MATERIAL HERE FOR BORROWERS TO ALLEGE IN THEIR LAWSUITS AND DEFENSIVE ACTIONS In these posts I am trying to keep pace with the events unfolding on the investor side of the Mortgage Meltdown. That is because these lawsuits are more sophisticated than the usual fair […]
Jose wrote: Thanks for the input K, I filed for BK today pro se I was totally unable to find and attorney with the enough guts in Virginia to take on these crooked lenders. There also another issue in our wonderful state, there is a statute that allows for the lenders to provide a lost […]
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