Archive for 'Corruption' Category
Professor Catherine Porter from Harvard University did the seminal 2007 study on foreclosure documentation while she was at the University of Iowa. Her study can be found on this blog. In that study she found that out of several thousands cases, the “note” was reported lost or destroyed by the pretender lenders. It was this […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S COMMENT: Of course the main problem is that you are not ever talking to the lender. You are talking to the pretender lender. And any attorney who “helps” a client accept an offer of settlement or modification without getting written acknowledgment that title may […]
Foreclosure Is Not an Option By DAVID BORNSTEIN Fixes looks at solutions to social problems and why they work. Ben Baker-SmithA home boarded up in Slavic Village section of Cleveland, Ohio, in October of 2008. Given the grim news in lending and home financing in recent months, it would appear that little can be done […]
CLEVELAND FORECLOSURE REALITY JUST WATCH IT. NO COMMENT NECESSARY ADDING INSULT TO INJURY CLEVELAND NO MORE. YEARS OF DEVASTATION AHEAD
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s Comment: This should be interesting. Somehow Ron Paul, who wants the Federal reserve out of our lives, is now the chairman of the committee that oversees its operations. It was Repr Paul who forced disclosure of where the FED money got spent (or part […]
from K. Rudek First your honor, Plaintiff’s counsel implies that only one set of material facts and one side of the contract is in play here: that being the obligations on the Defendant and the facts surrounding those obligations when the court full well knows “there are two sides to every coin and every contract”. […]
“the right of mortgage servicers (which administer payments to investors) to foreclose on loans that were sliced and diced in securitisations is being challenged by, among others, the United States Trustee Programme, the arm of the Justice Department with the job of protecting the integrity of the bankruptcy system.” 5-7 Years of Litigation Ahead The […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “The problem facing Bank of America is stunning, both on an economic and on a human scale. Among its 14 million mortgage customers, nearly 1 in 10 is past due. Another 190,000 have not been able to make a payment in at least two years, […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary HOW LOW CAN IT GO? “We don’t have enough time for the election cycle. We need change now — not change we can believe in but change we can see, feel and touch. Where the law permits it, start petition drives to remove people from […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary EDITOR’S NOTE: The problem is far larger than the one presented here, but this one is helpful to highlight some of the bad procedures used. The BIG PROBLEM is the CREDIT BID which is invalid because it wasn’t submitted by a creditor. The bid is […]
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