SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: FLOYD NORRIS OF THE NY TIMES HAS WRITTEN WHAT I WAS THINKING. The question is whether we will learn from the incidents and be very aggressive in dismantling a system that poses this kind of risk. We have always heard anti-regulators say the same thing: crying wolf […]

Tags: bailout, bankruptcy, disclosure, Federal reserve, foreclosure defense, fraud, Lender Liability, mortgage meltdown, predatory lending, regulation, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: That we have ANY housing starts is nearly preposterous considering the number of homes that are unoccupied — mostly because the banks don’t want to report on the financial outcome of selling them. In truth, the banks are taking these homes with “credit bids” which is to […]

Tags: economy, foreclosure defense, foreclosure offense, fraud, HOUSING STARTS, rescission, securitization
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM conformedcomplaint “They focused on short-term gains to increase their own compensation, with reckless disregard for WaMu’s long-term safety and soundness,” the agency said in the 63-page complaint. “The F.D.I.C. brings this complaint to hold these highly paid senior executives, who were chiefly responsible for WaMu’s higher-risk home lending program, […]

Tags: administrative action, BURDEN OF PROOF, Chase, David C. Schneider, disclosure, F.D.I.C., foreclosure defense, foreclosure offense, fraud, Kerry K. Killinger, predatory lending, prima facie case, rescission, securitization, Stephen J. Rotella, WAMU, Washington Mutual
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NOTABLE QUOTE: CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES Section 2.01. Conveyance of Mortgage Loans. As promptly as practicable after any transfer of a Mortgage Loan under this Agreement, and in any event within thirty days after the transfer, the Trustee shall (i) affix the Trustee’s name to each assignment of Mortgage, as its assignee, […]

Tags: CONVEYANCE OF MORTGAGE LOAN, cutoff date, disclosure, foreclosure defense, foreclosure offense, fraud, mortgage meltdown, PSA, quiet title, securitization
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM SEE 10-lies-we-live-by-and-should-stop-believing-if-we-want-this-to-stop SEE taking-justice-off-the-table-2-cent-settlement In Proposed Mortgage Fraud Settlement, a Gift to Big Banks TROJAN HORSE By JESSE EISINGER, ProPublica   Luis Alvarez/Associated Press Tom Miller, attorney general of Iowa. Lurking in a proposed mortgage fraud settlement with the state attorneys general is a clause that could be worth […]

Tags: disclosure, Eviction, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, modification, Mortgage, predatory lending, rescission, securitization, settlement
Posted in bubble, Corruption, Eviction, securities fraud |

VIDEO: US Trustees Under Heat

Posted in bubble, Corruption, Eviction, securities fraud |

COMBO TITLE AND SECURITIZATION SEARCH, REPORT, ANALYSIS ON LUMINAQ 3.16.2011 Illinois Recission Stewart-v-BAC-w EDITOR’S NOTE: THIS CASE STANDS FOR THE PROPOSITION THAT YOU CAN’T TELL THE BORROWER LATER WHAT SHOULD HAVE BEEN DISCLOSED AT CLOSING: Federal Law has governed these fake securitized loan transactions from their beginning. That is why they are fatally defective and […]

Tags: DEUTSCHE BANK, Deutsche Bank National Trust, Ellie Stewart, foreclosure fraud, Illinois, MERS, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., Regulation Z, rescission, righ to cancel, TILA, truth in lending, VIRGINIA M. KENDALL
Posted in bubble, Corruption, Eviction, securities fraud |

SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM EDITOR’S NOTE: In keeping with the full court press by the mega banks, legislators are following their orders taking aim at anything that could unravel the credit mess, title mess, foreclosure mess and economic crisis in this country. Wall Street is running the show. Maybe somewhere along the line […]

Tags: Consumer Financial Protection Bureau, Elizabeth Warren, Simon Johnson
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SEE LIVINGLIES LITIGATION SUPPORT AT LUMINAQ.COM THEY STILL DON’T GET IT EDITOR’S ANALYSIS: The plan is from Wall Street, the facts are fictional, and the result will be negligible. I commend Obama for getting more aggressive but his advisers are still not giving him the right information. If he had it, I believe he would […]

Tags: modifications, Mortgage, Obama, principal correction, principal reduction
Posted in bubble, Corruption, Eviction, securities fraud |

SEE taking-justice-off-the-table-2-cent-settlement SUBMITTED BY E. TOLLE The great whitewash is here. We’ve been setup once again. Sold down the river. (Reuters) – 3/15/2011- A comprehensive settlement between U.S. authorities and banks over alleged mortgage servicing abuses needs to be reached quickly to help the housing market heal, Treasury Secretary Timothy Geithner said on Tuesday. Geithner […]

Tags: bailout, disclosure, foreclosure defense, foreclosure offense, fraud, Geithner, housing market, Lender Liability, securitization
Posted in bubble, Corruption, Eviction, securities fraud |