In this study, the authors provide an exhaustive and invaluable aid, with plenty of charts and explanations of the mortgage meltdown, sub-prime and general credit crisis. This is MUST reading for anyone who is filing securities actions and foreclosure defense. With this paper, you can understand who the players are and what they were doing. […]

Tags: 10b-5 claims, disclosure, foreclosure claims, foreclosure defense, Harvard, mortgage meltdown, sub-prime, TILA
Posted in bubble, Corruption, Eviction, securities fraud |

COUNTRYWIDE SUED FOR IMPROPER LENDING PRACTICES BY ITS SHAREHOLDERS: GOOD MATERIAL HERE FOR BORROWERS TO ALLEGE IN THEIR LAWSUITS AND DEFENSIVE ACTIONS In these posts I am trying to keep pace with the events unfolding on the investor side of the Mortgage Meltdown. That is because these lawsuits are more sophisticated than the usual fair […]

Tags: borrowers, CALIFORNIA, countrywide, lenders, Pfaelzer, risk, securitization, underwriting standards
Posted in bubble, Corruption, Eviction, securities fraud |

Jose wrote: Thanks for the input K, I filed for BK today pro se I was totally unable to find and attorney with the enough guts in Virginia to take on these crooked lenders. There also another issue in our wonderful state, there is a statute that allows for the lenders to provide a lost […]

Tags: affidavit, interrogatories, lost note, request to produce, Virginia
Posted in bubble, Corruption, Eviction, securities fraud |

There are lots of things we do as human beings that are counterproductive in the sense of preventing ourselves from getting what we want. One of them is racism. Whether you harbor some small or large negative feeling toward one race or another consider this: Negative red lining: In order to carry off the largest […]

Tags: blacks, Einstein, home equity, kokomo, Obama, prejudice, racism, whites
Posted in bubble, Corruption, Eviction, securities fraud |

  Credit Crisis Over? — Not by a Long Shot   As you can imagine I get emails and comments from hundreds of people seeking help and whose houses are going into sale or foreclosure, most of whom are completely unaware that they have rights superior to the lender, if they can find someone to […]

Tags: Bernanke, congress, credit, credit crisis, good faith estimate, mortgage backed securities, National Association of realtors, TILA, treasury securities
Posted in bubble, Corruption, Eviction, securities fraud |

Anyone reading this site will not find it surprising that the number of foreclosures is rising by unprecedented numbers at unprecedented rates. At the same time, the FBI is getting involved claiming mortgage fraud is on the rise at well. Let’s tell it like it is: Until this scam was perpetrated by Wall Street on […]

Tags: borrowers, foreclosures, fraud, lenders, mortgage brokers, underwriting
Posted in bubble, Corruption, Eviction |

Virtually ALL of the the decisions concerning money supply and “regulation” are being made in the private sector which is devoted to one thing by mission and by intent: transfer of wealth to the big dogs in the private sector. This clearly government function, as specifically expressed in the U.S. Constitution has been abandoned by […]

Tags: Cleveland Federal reserve, Federal reserve, housing, inflation, interest rates, mortgage meltdown, Pianalto
Posted in bubble, Corruption, Eviction, securities fraud |

OBAMANOMICS VS NO ECONOMICS AT ALL the government is charged with reporting on inflation when it has a vested interest in keep the reported inflation low both for political and financial reasons The job of the Petitioner in bankruptcy to get a modification of the Chapter 13 plan is therefore double-whacked because of (1) a […]

Tags: Adjustable rate mortgage, ARM, bankruptcy, Chapter 13, economics, inflation, McCain, Obama, RESPA, TILA
Posted in bubble, Corruption, Eviction |

  It is Obama who will ironically do the most to preserve the way of life in West Virginia, Kentucky and other states — even though they vote overwhelmingly against him out of fear, prejudice and disinformation The reality is that coal is going to be with us for a while and perhaps permanently. Regardless […]

Tags: ALTERNATIVE ENERGY, Clinton, coal, COAL FIRED, COAL MINING, COMMUNITY ORGANIZING, HEAT RECAPTURE, KENTUCKY PRIMARY, WEST VIRGINIA PRIMARY
Posted in Corruption |

TIME TO WAKE UP. EVEN IF YOU ARE NOT IN DEFAULT THE MORTGAGE MELTDOWN IS GOING TO HURT YOU UNLESS YOU ACT NOW. GET INVOLVED! THERE IS NO “MIDDLE GROUND” Most projections put the number at over 20 million homes, which means that over 95% of the people negatively impacted by the mortgage meltdown either […]

Tags: borrowers, BRENANKE, FEDERAL INSURANCE, Federal reserve, foreclosure, FRANK, lenders, MORTGAGE WORKOUTS
Posted in bubble, Corruption, Eviction, securities fraud |