Archive for 'Corruption' Category
Sep 27, 2010

SERVICES YOU NEED EDITOR’S NOTE: Well it has finally happened. Three years ago I couldn’t get a single lawyer anywhere to consider this line of work. I predicted that this area of expertise in their practice would dwarf anything they were currently doing including personal injury and malpractice. I even tried to guarantee fees to […]

Sep 27, 2010

SERVICES YOU NEED “According to testimony last week, from January 2006 to June 2007, Clayton reviewed 911,000 loans for 23 investment or commercial banks, including Citigroup, Deutsche Bank, Goldman Sachs, UBS, Merrill Lynch, Bear Stearns and Morgan Stanley.” It’s like slapping some paint on a 30 year old Chevy and selling it as a Rolls […]

Sep 27, 2010

SERVICES YOU NEED “As basis for the legal case, WaMu had submitted an assignment of mortgage, which however the court just found never actually belonged to WaMu, and instead was carried on the books of Fannie Mae.” EDITOR’S NOTE: It’s an old story to us but it’s news to everyone else. Yes it IS fraud, […]

Sep 26, 2010

SERVICES YOU NEED AUTHORITY AND AGENCY In “Fair Game” Gretchen Morgenson continues to unravel the failing process of “saving homes” while the world ignores the simple truth that legally the homes are in no jeopardy but for the pranks and illusions created by the pretender lenders. There is no valid foreclosure, auction, mediation, modification, short-sale, […]

Sep 26, 2010

Top Posts and Pages 18 months Obama has been in office. We suffered waiting for the administration to get the facts and develop a plan to do something about it. To tell you the truth I never thought of this way, but he’s right — it is the best way possible. It took 35 years for […]

Sep 24, 2010

SERVICES YOU NEED 9.24.10 BARNEY FRANK LETTER-Letter-to-Fannie-on-Foreclosure-Fraud[1] VIDEO FEED FROM TAMPA TV In a blunt, no nonsense letter to Fannie Mae three congressional representatives including Barney Frank who has enormous clout, a shot heard round the country was heard. It wasn’t just a letter of inquiry or even at the level of complaint. It was […]

Sep 24, 2010

SERVICES YOU NEED EDITOR’S NOTE: EXCELLENT ARTICLE BY DENNINGER Well, it appears that it is finally happening…. To be specific, it appears that: At least one (and perhaps more) “inside officers” in various law firms filed thousands (and maybe tens of thousands) of affidavits they did not read and thus could not have attested to. […]

Sep 24, 2010

GMAC Robo-Signers | Mortgage Lenders, Foreclosure Abuse | 2011 Real Estate Predictions Submitted by Tim Harris on September 23, 2010 – 12:01 pmNo Comment | Popularity: 1% [?] GMAC Robo-Signers. I am of two minds on this emerging story…. Will the wide spread practice of lenders using so-called Robo-Signers really be enough of a legal issue for […]

Sep 24, 2010

SERVICES YOU NEED EDITOR’S NOTE: We are seeing more and more of these “recoveries.” The question we pose and that should be posed IN COURT is to whom this money is paid and more importantly, how is it going to be credited? Why is that important? ANSWER: If that recovery means that the investors or […]

Sep 23, 2010

SERVICES YOU NEED Investors face an “obstacle course” of challenges in attempting to get banks to repurchase loans that failed to match their description in bond documents, Grais said bondholders said they have the power to order the trustee for the securities to start probes because the investors own 25 percent of the debt in […]