Archive for 'Corruption' Category
Today, February 10, 2011, 1 hour ago | Phil Querin “…the powers accorded to MERS by the Lender [whose name appears in the Trust Deed] – with the Borrower’s consent – cannot exceed the powers of the beneficiary. The beneficiary’s right to require a non-judicial sale is limited by ORS 86.735. A non-judicial sale may […]
Posted on February 10, 2011 by Foreclosureblues In RE Wilson | DOJ (US Trustee) in LA BK case “LPS/Fidelity acted with indifference to the truth” Today, February 10, 2011, 6 hours ago | Foreclosure Fraud “What is the economic harm to borrowers of alleged document defects pertaining to foreclosure? The answer is none. First, the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary New Questions Raised in Mortgage Financing EDITOR’S COMMENT: I worked on Wall Street and I was an investment banker. I know the mentality. If money is sitting there, they will take it and worry about it later. This article is the tip of the iceberg […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Banks Could Face $60 Billion Tab on Bad Mortgage Loans Thus no matter how well certain mortgages or “pools” performed on their own, they were still guaranteed to fail because they had assumed the liability of the worst mortgages. I believe this is called trading […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Special Kudos to Charles “POPPA KOPPA” for bringing the credit bid to my attention and the interesting fact that the minimum bid instruction comes from Wall Street corresponding with securities reports and has nothing to do with the real estate market. THE CREDIT BID IS […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: Maybe some players will fall for this, but eventually they are going to be hit with a choice of two options (1) admit that nearly all the loans have fatal flaws or (2) get the state legislatures to legitimize and reset all questionable […]
SEE BLOOMBERG BUSINESS WEEK ARTICLE The Real Estate Lobby Is Ready to Rumble Financiers, homebuilders, and real estate agents are uniting to save mortgage subsidies Sophia Martineck By Lorraine Woellert This Issue February 7, 2011 The Kids Are Not Alright Previous Issue Next Issue Related Items The Real Estate-Industrial Complex Barbara J. Thompson plans to […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Superior Court Judge Mary F. Thurber THUMBS DOWN JUDGE THURBER HAS NOT CAUGHT UP WITH THE LAW. When Judges do this, they are letting their emotions and personal ideology get in the way of the rule of law. She had no evidence in front of […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE: ASF_White_Paper_11_16_10 There is of course a lot to discuss here. The attempt to legitimize fraudulent and defective and deceptive lending and litigation practices is at least entitled to a nod. I’ll start the conversation off this way: They skipped over the beginning and started […]
FOR IMMEDIATE RELEASE Contact: Sarah Muench Feb. 7, 2010 (602) 926-5848 smuench@azleg.gov House Democrats unveil Homeowner Relief for a Strong Future STATE CAPITOL, PHOENIX – House Democrats announced on Monday a homeowner relief package to hold government accountable at a time when the state again ranked second in the nation this month for foreclosures. Homeowner […]
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