Archive for 'Corruption' Category
REIGN OF ERROR SUBMITTED BY Allan O’Brien Denchfield America’s housing bubble still deflating As they failed to spot the bubble, most economists seem oblivious of the threat of further market falls to come Dean Baker Wednesday January 5 2011 guardian.co.uk http://www.guardian.co.uk/commentisfree/cifamerica/2011/jan/03/useconomy-economics How many economists does it take to see an $8tn housing bubble? The answer […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary see CNN Report and Video BANKS DUG THEIR OWN GRAVE ON QUIET TITLE ACTION Whatever they say will be suspect from now on see ibanez-huge-win-for-borrowers-in-massachusetts-non-judicial-state-high-court They never did the assignment and later when they tried to correct that problem they found they were in the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary READ FULL DECISION HERE—-> MA S Ct 1-7-11 usbank see ibanez-decision-analyzed see CNN Report and Video NOTABLE QUOTES: “Where, as here, mortgage loans are pooled together in a trust and converted into mortgage-backed securities, the underlying promissory notes serve as financial instruments generating a potential […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary SEE investors-and-borrowers-could-share-common-interests-and-solve-the-problem The experiment is about 18 hours old and the pace is picking up by the hour — we already have dozens of borrowers who are offering to do some horsetrading directly with investors who bought mortgage backed securities. KEEP THEM COMING! The exclusive […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Notable Quotes: Even if we forget about the gigantic near-term problem — namely, that the federal government is in the housing market mainly because most banks simply won’t issue mortgages that can’t be guaranteed by Fannie, Freddie or the Federal Housing Administration — there’s the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: As concern mounts that the entire title infrastructure has been put at risk by shoddy practices in lending, recording, transferring and foreclosing mortgages, a New Jersey Judge has set a hearing to consider suspension of ALL foreclosures by the megabanks pending further investigation. […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary THAT LIGHT AT THE END OF THE TUNNEL IS A TRAIN COMING AT US. State revenue was $1.6 trillion. Latest report is $1.1 Trillion. That is a 12 month drop!! As we all know governments don’t typically save money, so there is nowhere to go […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary GET RID OF THE MIDDLEMEN NOTE TO INVESTORS AND BORROWERS: IF YOU ARE SERIOUS ABOUT RESOLVING THE MORTGAGE CRISIS AND YOU WANT TO DO SOMETHING ABOUT IT WRITE TO ME AT neilfranklingarfield@gmail.com. EDITOR’S NOTE: For those of you who have followed the blog from the […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary NOTABLE QUOTES: The fight between homeowners and banks before the Supreme Judicial Court in Boston turns on whether a mortgage can be transferred without naming the recipient, a common securitization practice. Also at issue is whether the right to a mortgage follows the promissory note […]
Leaked document shows Lee Co. judges tried to fix foreclosure error A 4 In Your Corner investigation reigning in Lee County foreclosure judges? Judges not requiring banks to show how much homeowners owe…even though they’re supposed to. Now, a leaked document has surfaced…showing Lee judges trying to fix their error. Fighting foreclosure, Scott Shinneman and […]
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