Archive for 'Corruption' Category
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary A Political Divide Over the Inquiry of the Financial Crisis The investors are saying it, the homeowners are saying it, even some governments are saying it, and nobody is denying it. Instead we hear double speak about excessive risk-taking and leverage. We are living a […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary It may take many years but eventually everyone will realize how pernicious this securitization scheme became — like the worm used to destroy Iranian equipment or the viruses that are spread as mal-ware throughout our computer system. Only yesterday did it dawn on anti-terrorism experts […]
EDITOR’S COMMENT: Once again Simon JOhnson hits the nail on the head. Those of you who want a more sophisticated picture of this mortgage mess along with the macro-economic view would do well to visit www.baselinescenario.com. With the latest move in New York allowing legal aid to homeowners in foreclosure, the number of contested cases […]
FROM THE ATLANTIC The Rise of the New Global Elite F. Scott Fitzgerald was right when he declared the rich different from you and me. But today’s super-rich are also different from yesterday’s: more hardworking and meritocratic, but less connected to the nations that granted them opportunity—and the countrymen they are leaving ever further behind. […]
Posted on February 15, 2011 by Foreclosureblues U.S. Trustee To Federal Judge: “Fidelity Operated An Affidavit-Execution Process That Systematically Caused The Execution Of False Affidavits!” The U.S. Trustee’s Office has recently filed a Post-Trial Brief in ongoing bankruptcy litigation in a U.S. Bankruptcy Court in New Orleans, Louisiana in which it asks Judge Elizabeth […]
By DAVID STREITFELD NY TIMES New York court officials outlined procedures Tuesday aimed at assuring that all homeowners facing foreclosure were represented by a lawyer, a significant shift that could give thousands of families a chance to strike a better deal with lenders. Enlarge This Image Yana Paskova for The New York Times Jonathan […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary WALL STREET: THE UNTOUCHABLES Representative Stephen Lynch, Democrat of Massachusetts, warned: “You think regulation is costly? How about the $7 trillion we just lost from not regulating the derivatives markets.” EDITOR’S NOTE: Our institutions are compromised with moral hazard every way you turn. The FDA, […]
As most any lawyer in foreclosure defense will tell you, most judges are ruling in the middle, so the case is not over and the case can’t go forward either. This buys them time on the incendiary subject of foreclosures, most of which look like they were blatant corruption of the title systems in all […]
http://azleg.granicus.com/MediaPlayer.php?view_id=13&clip_id=8276 SB1259 Testimony starts at 34:30 Senator Michele Reagan comments start at 35:35 Wendy Briggs (Lobbyist for Arizona Bankers Association) comments start at 38:20 William Hultman (Senior Vice President of MERS Inc.) comments starts at 44:20 Lee Miller (Lobbyist for Arizona Trustee Association) comments start at 53:50 Darrell Blomberg (Self) comments start at 58:50 Bev […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary STATUS OF 50% OF ALL MORTGAGES NOW QUESTIONABLE BLOOMBERG: U.S. Bankruptcy Judge Robert E. Grossman in Central Islip, New York, in a decision he said he knew would have a “significant impact,” wrote that the membership rules of the company’s Mortgage Electronic Registration Systems, or […]
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