a story by Matt Taibbi’s The Rolling Stone writer who dubbed Goldman Sachs a “great vampire squid” has set his sights on a couple of glamorous Wall Street wives who may also suck. In a revealing article in the new issue of Rolling Stone magazine, Matt Taibbi reports that Christy Mack, the wife of Morgan […]

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CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S COMMENT: When regulators refer to the banks as “clients” you know you have a problem. The mess (chaos) left in the wake of invalid mortgages and notes, fraudulent foreclosures, fraudulent credit bids and resales is going to stay with […]

Tags: bailout, Bank of America, banks, credit crisis, disclosure, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, Nocera, OCC, regulators, rescission, securitization, trustee
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CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: Mary is right and points out potential danger signs in these moves by the government agencies. They are leaving room for new terms and possible acknowledgment and validation of the use of originating lenders who are not lenders […]

Tags: borrower, disclosure, enforceability of mortgage, enforceability of note, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, megabank assets, megabank stocks, mortgages, perfection of lien, predatory lending, rescission, securitization, stock prices of banks, trustee, validity of deed of trust, validity of mortgage, validity of note
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CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM LOUISIANA BKR JUDGE STOPS FORECLOSURE ON BORROWERS CURRENT IN PAYMENTS EDITOR’S NOTE: The tide keeps turning in the direction of borrowers’ rights yet the scam continues. All three branches of government — executive, legislative and judicial are rapidly coming to […]

Tags: bailout, borrower, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, GRETCHEN MORGENSON, Lender Liability, MERS, mortgage meltdown, predatory lending, rescission, securitization, TILA audit, trustee
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CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SCAM CONTINUES: EVERYONE KNOWS BUT NOTHING IS DONE EDITOR’S NOTE: The fear that the sky will fall prevents “responsible” journalists and government officials from using the f-word, so I will. This was a fraud from start to finish and anything […]

Tags: creditor, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, mortgage meltdown
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CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM FAILURE TO COMPLETE TRANSFERS BARS FORECLOSURE FOREVER NOTABLE QUOTE: “the judge found the securitization of the Horace loan wasn’t done properly, so the trustee — LaSalle National Bank Association, now part of Bank of America (BAC) — couldn’t foreclose. In […]

Tags: economy, foreclosure, foreclosure crisis, foreclosure defense, foreclosure offense, foreclosures, fraud, homes, housing, Lender Liability, mortgage meltdown, Real estate, rescission, securitization, trustee
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CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: Amazing how our culture has been one of “entitlement.” No I’m not talking about social security, medicare or medicare, or fire departments, police departments or teachers. I’m talking about the fees that mortgage brokers have been paid to […]

Tags: APR, borrower, creditor, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, mortgage brokers, predatory lending, rescission, RICO, securitization, TILA audit, yield spread premiums, YSP
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Will Homeowners Benefit from Mortgage Mess Settlement? By Catherine New Posted 6:45AM 04/15/11 Economy, Real Estate, Credit Comments Print Text Size A A A Print this page|EmailShare on FacebookShare on TwitterShare on DiggShare on Lifestream Will homeowners see a penny of the reimbursements that the government has ordered 16 mortgage lenders to pay? Not likely, […]

Tags: disclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, predatory lending, rescission, securitization, trustee
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AP-2 small Georgia banks fail; makes 30 closed in ’11 More from BusinessWeek Warren’s Calendar The Real Deficits of Nassau County Style Q&A Mortgage Servicers Settle, Insider Trading, FDIC: Compliance Washington Plays Chicken With the Debt WASHINGTON Regulators have shut down two small banks in Georgia, boosting the number of U.S. bank failures this year […]

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CLE SEMINAR: SECURITIZATION WORKSHOP FOR ATTORNEYS — REGISTER NOW SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: ALL the banks are actually in the same boat. The assets they are reporting on their books — mortgages that they never owned and in which they were not the lender — are pure vapor. There is only […]

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