Archive for 'Corruption' Category
May 26, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE MADIGAN ISSUES SUBPOENAS TO LPS, NationWide Title Clearing ; WIDENS ‘ROBOSIGNING’ PROBE FROM STOPFORECLOSURENOW.COM Chicago — Attorney General Lisa Madigan today expanded her investigation into “robosigning” practices, issuing subpoenas against two national mortgage servicing support providers. The subpoenas are the latest effort in Madigan’s ongoing probe […]

May 25, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Where were they three years ago? Well it is still a good thing that the lead editorial connects the dots. The housing market is continuing to decline and it will continue as long as we regard the foreclosures as having any color of legitimacy. […]

May 25, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE “We are looking at a situation of up to $640 billion in wealth having been lost because of this wave of foreclosures that has hit the state,” Harris said, referring to the decline in homeowner equity. “There is a direct connection” between mortgage fraud “and the […]

May 25, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Harvey v Garbett, quiet title case in Draper Utah (1) The case was decided on procedural rather than substantive grounds, so citing to this case as proof that the homeowner is entitled to quiet title in the context of a securitized loan would not be right. […]

May 24, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE 5.20.2011 City-of-St-Clair-Shores-Employees-Retirement-System-v-LPS-et-al-Amended-Complaint-May-18-2011 Editor’s Note: This is really so simple. There wasn’t an error rate at all. It was simply the act of creating aesthetic reproductions of something that looked like a legal document. Nobody cared what was on it — that would be left to the […]

May 24, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE The fact that the true creditor doesn’t want to collect from homeowners is not a good reason to allow someone else to collect it. — Neil Garfield FORECLOSURE CASE LAW – HSBC v. MURPHY, Maine Supreme Judicial Court, 2011 ME 59 (May 19, 2011) “AFFIDAVITS SUBMITTED […]

May 23, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S ANALYSIS: The passage below contains very valuable information. I want to focus on one simple fact — the “borrower” is not defined as some homeowner applying for a loan. The “borrower” is some sham entity that has been created by the investment bank, to create […]

May 23, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE STATED INCOME, STATED ASSETS (SISA) NO DOC ASSETS AND INCOME FOR THE BANKS: AS FALSE AS IT ALWAYS WAS EDITOR’S COMMENT: DICK DURBIN said it when the democratically controlled senate and house refused to even inquire about the real nature of the securitization illusion — “The […]

May 22, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE In the S&L scandals more than 800 bankers went to jail, why not now? EDITOR’S ANALYSIS: As you read the article below regarding NovaStar Financial, think about buying the book it came from. Gretchen and Joshua have spent a lot of time not just taking notes […]

May 21, 2011

GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE TRANSACTIONS GETTING BURIED ON PRIVATE EXCHANGES WITH PRIVATE MEMBERS EDITOR’S NOTE: As the press and Attorneys General and DOJ, and regulatory agencies get geared up for what will be prosecutorial events, the banks are busy burying the bodies in transactions conducted in “private exchanges” whose members […]