WHEN WAS THE LAST TIME YOU HEARD ABOUT A BUNCH OF UNSOPHISTICATED, POORLY EDUCATED, SOMETIMES NON-ENGLISH SPEAKING PEOPLE SCATTERED OVER 50 STATES GETTING TOGETHER TO DEFRAUD THE POWERFUL FINANCIAL INDUSTRY ON WALL STREET? We can all agree that there is enough blame to go around for everyone — from government and the financial industry, down […]

Tags: American values, appraisers, conservatism, foreclosure defense, fraud, Honesty, integrity, Lender Liability, mortgage brokers, real estate brokers, Wall Street
Posted in bubble, Corruption, Eviction |

They don’t have it all, but reading the complaint and getting copies of discovery and motions will help anyone contesting the foreclosure and of course, going further to the main target: HAVING THE MORTGAGE ENCUMBRANCE REMOVED FROM THE PROPERTY AND ELIMINATING LIABILITY ON THE NOTE. THIS IS GOOD NEWS BUT DOES NOT GO FAR ENOUGH. […]

Tags: attorney general, CALIFORNIA, countrywide, foreclosure defense, foreclosure offense, predatory lending
Posted in bubble, Corruption, Eviction, securities fraud |

Start with GARFIELD’S GLOSSARY ABOVE: HERE IS ARE SOME OF THE RECENT ADDITIONS TO THE GLOSSARY AND TACTICAL CONSIDERATIONS: Deed of Trust An instrument signed by a borrower, lender and trustee that conveys the legal title to real property as security for the repayment of a loan. The written instrument in place of mortgage in […]

Tags: ABS, DEED OF TRUST, default, due process, foreclosure, legal standing, lender, NON-JUDICIAL SALE, original note, REAL PARTY IN INTEREST, trustee
Posted in bubble, Corruption, Eviction, securities fraud |

And now, because nobody stepped in before the flood began, a new industry is born — bigger than personal injury lawsuits — it the flood of claims under TILA, RESPA, RICO, Securities laws, common law fraud and state and federal laws concerning false and deceptive business practices. People will be rescinding or simply voiding their […]

Tags: AAA rating, foreclosure defense, mortgage meltdown, rescission, RESPA, RICO, securities, TILA, Wall Street
Posted in bubble, Corruption, Eviction, securities fraud |

The simple mortgage on a home had been broken into many pieces (tranches — See Special Purpose Vehicle (SPV)) each having characteristics of entities unto themselves. The term “borrower” was severed from the the obligation to pay. The term “lender” was severed from the risk of loss and the right to payment from the borrower. […]

Tags: civil procedure, DIRECTORS, discovery, ERRORS AND OMISSIONS, insurance, OFFICERS, risk of loss, SPV, tranches, underwriting
Posted in bubble, Corruption, Eviction, securities fraud |

IF YOU ARE TAKING YOUR LENDER BANK TO COURT OR VICA VERSA, HERE IS MORE FUEL TO THROW ON THE FIRE — THEY EVEN LIED TO OTHER BANKS — INTENTIONALLY SO THEY WOULDN’T APPEAR DESPERATE FOR MONEY.  The Mysteries of Libor And Other Revelations…   THERE CAN BE NO DOUBT THAT THE FINANCIAL SYSTEM IS […]

Tags: foreclosure defense, INTERBANK LENDING, Libor, mortgage meltdown
Posted in bubble, Corruption, Eviction, securities fraud |

IT ALL COMES DOWN TO THIS: LENDERS DIDN’T CARE ABOUT THE QUALITY OF THE LOAN OR THE IMPACT ON BORROWERS OR INVESTORS (INCLUDING THEIR OWN SHAREHOLDERS). THEY WERE PREPARED TO FALSIFY ANYTHING AND USE ANY MISREPRESENTATION OR PRESSURE TACTIC THEY COULD TO GET THE LOAN SOLD AND THE BORROWER TO SIGN. THEY PRETENDED THEY HAD […]

Tags: AMbac, countrywide, foreclosure defense, GE, General Electric, lender fraud, Lender Liability, lender misrepresentation, MBIA, mortgage meltdown lawsuits, New Century Financial Corp, PMI Group, Redwood Trust, RESPA, TILA audit, WMC Mortgage
Posted in bubble, Corruption, Eviction, securities fraud |

Besides all of the strategies we are collecting for you here, there are some monetary resources you could consider. Things like reverse mortgages are not likely to yield you anything if you are in trouble because you needs lots of equity to get into those. But there are private lenders and peer to peer lending […]

Tags: Department of Veterans Administration, Fannie MAe, Federal Housing Administration, foreclosure defense, Freddie Mac, mortgage defaults, mortgage meltdown, mortgage securitization, peer to peer lending, private ledning, reverse mortgages, subprime loans
Posted in bubble, Corruption, Eviction |

ECONOMICS: How Economists downplay substitution on the supply side, and discount American Innovation, American Ingenuity and American Temerity. Bad policy from flawed measurements. Flawed Measurements from biased, agenda-based ideology. “The central problem confronting the new President is not the political issues of conflicting ideology nor the “choices” presented by well-intentioned economists; the real issue is […]

Tags: auto-making, cars, corn, economics, electric cars, ethanol, fair rate of return, Phoneix Motor Cars, solar panels, wheat
Posted in bubble, Corruption, Eviction, securities fraud |

We are still in process of revising our manuscript for publication with all the forms we can think of. Here is a  summary of our findings thus far. Generally we have two types of jurisdictions — the non-judicial sale jurisdictions and the mortgage foreclosure jurisdictions. California, Arizona and Nevada are non-judicial sale jurisdictions as are […]

Tags: attorneys, auditors, bankruptcy, Chapter 13, forcible detailer, foreclosure defense, judicial sale, lenders, mortgage brokers, NON-JUDICIAL SALE, notice to quit, notice to vacate, rescission, Sheriff, TILA audit
Posted in bubble, Corruption, Eviction, securities fraud |