“The sad part of this whole picture is that even after so many homebuyers were victimized, that the homeowners who fortunately were not, are not standing by those that were and bought into the story for the first several years that it was the dead beat homeowner that caused this demise, and with that mindset, […]

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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE:  A recess appointment is one in which the President appoints someone during a congressional recess. I’m no expert on the details but I know that recess appointments have been extensively used, particularly by the Bush administration to get around the requirement of getting congressional […]

Tags: Elizabeth Warren, RECESS APPOINTMENT
Posted in bubble, Corruption, Eviction, securities fraud |

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: How in the world can anyone say that weakness is consumer spending is surprise. we all know they have no money, no credit and bleak prospects in the job market. Where’s the surprise? A Weak Consumer Weighed on Growth in the First Quarter By […]

Tags: consumer spending
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FROM JOHN GALT, BUT ATLAS IS STILL SHRUGGING I’m taking this as an invitation to discuss the fact and ramifications of the noteowner NOT being a holder in due course (one who takes a note, for instance, with notice of its dishonor, i.e., it’s in default […]

Tags: borrower, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, MERS, mortgage meltdown, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: I am tired of reading about how economists express surprise at the sluggish economy. The same goes for when they express hope at slightest uptick in any index that is followed, none of which are real representations of economic activity. As the recent new […]

Tags: bailout, Bank of America, borrower, countrywide, credit crisis, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage meltdown, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: After years of revealing on this blog the many illegal foreclosures on property owned by service people who were on active duty, putting their lives on the line for their country, and laws that have long been in effect that such actions cannot be […]

Tags: Bank of America, borrower, countrywide, credit scores, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Lender Liability, Morgan Stanley, Saxon
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Her new book “Reckless Endangerment” is a good read. Gretchen was amongst the first to drill down on the mortgage meltdown and expose numerous illegal practices of lenders and foreclosers (different parties, as we know). In many ways she has led the way for other journalists […]

Tags: foreclosure, foreclosure defense, foreclosure offense, fraud, GRETCHEN MORGENSON, moral duty, Reckless Endangerment
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: Here is our problem writ large. The commentary written by Shedlock (see below) is basically on the side of punishing the banks for their wrongdoing, but not giving any relief to borrowers. The logic behind the position is that anyone who does not pay […]

Tags: Appraisal, bailout, borrower, creditor, disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, Lender Liability, MERS, predatory lending, rescission, RESPA, RICO, securitization, shedlock, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE FROM MARKET TICKER Mish Is Again Off The Rails (Foreclosuregate) Sigh….. State attorneys general are not happy with a $5 billion offer by major banks to settle lawsuits regarding robo-foreclosures and other alleged grievances. Some officials want as much as $20 billion. The compromise threat is […]

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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: When you have nothing else throw mud. Some of it is bound to stick no matter how stupid it is. That’s straight out of the Republican playbook. The Banks are losing ground and they are pounding and threatening the Republicans withdrawing their support and […]

Tags: 112th Congress, CFPB, Elections 2012, Elizabeth Warren, Elizabeth Warren Cfpb, Elizabeth Warren Liar, Elizabeth Warren Republicans, Facebook, financial reform, financial regulation, Patrick McHenry, Politics News, Republicans Elizabeth Warren, Warren CFPB
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