Archive for 'Corruption' Category
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary MORTGAGE DOCUMENTS MUST BE IN WRITING AND EXECUTED ACCORDING TO STATUTE OF FRAUDS EDITORS ANALYSIS: Every state has a statute of frauds — which in plain language means that there are certain types of transactions that won’t be enforced by the court, or where parts […]
The Frighteningly Obvious Truth That Most Deny – US Housing Continues Freefall & Is Nowhere Near The Bottom Posted on February 7, 2011 by Foreclosureblues Today, February 07, 2011, 4 hours ago | Reggie Middleton The residential real estate situation is still looking quite bleak. The downturn (actually, the continuation of the earlier downturn – they […]
CHINK IN THE ARMOR…THE COPS COME CALLING…SEC HEARS ABOUT MORTGAGE SECURITIZATION SOFTWARE Posted on February 7, 2011 by Foreclosureblues Chink in the Armor Yesterday, February 06, 2011, 1:46:47 PM The Cops Come Calling Yesterday, February 06, 2011, 1:46:47 PM | admin I got a call from the cops today. There were times in my life […]
SUPPORT SB 1259 NOW — EMAIL THESE PEOPLE BEFORE TOMORROW Contact Info for the Arizona Senate Committee on Banking and Insurance Yesterday, February 06, 2011, 10:40:02 PM | findsenlaw MReagan@AZLeg.gov (Michele is one of the three sponsors of SB 1259, so you do not have to email her unless you want to) jmccomish@azleg.gov abiggs@azleg.gov KHobbs@AZLeg.gov […]
Wisconsin Appeals Court: Affidavits Not Based On “Personal Knowledge” Sink Lender’s Attempt To Score Summary Judgment In Foreclosure Action A Wisconsin intermediate appeals court recently reached the relatively unremarkable, predictable, and certainly non-ground-breaking conclusion that affidavits filed by a foreclosing lender that are not based on the “personal knowledge” of the affiant are insufficient to […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: So far Developers have escaped the investigations by lawyers, homeowners, Department of Justice, SEC, and attorney general of each state. But like all the other players, they were getting their share of the over-sized pie and without their help the fraud would not […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary KINGCAST VIDEO ON MORTGAGE LITIGATION: PROOF OF OWNERSHIP Besides the fact that our blog shows up in this 9 minute movie, I like it because it shows the frustrations of the homeowners who, as they say in the video, are forced to play by the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: Shiller, as always, has a penetrating analysis and identifies many factors and variables that enter into “asset bubbles.” But what I find continually frustrating is that everyone is still attempting to force this Wall Street scheme into the rubric of an asset bubble […]
trustee intercession on behalf of bondholders Isaac Gradman…Commentators Concur: Trustee Involvement Signals Shift in RMBS Litigation Posted on February 2, 2011 by Foreclosureblues Wednesday, February 2, 2011 Commentators Concur: Trustee Involvement Signals Shift in RMBS Litigation A few weeks ago, I published an article suggesting that the increased cooperation of MBS trustees may signal the turning […]
“It’s simply easier to to lose the money of others and get paid for it than to make money and be accountable for it. If that were YOUR incentive, then you would do it too.” — Neil Garfield February 5, 2011, 5:04 pm Investment Banking Stock-Hedging Lets Bankers Skirt Efforts to Overhaul Pay By ERIC […]
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