Archive for 'Corruption' Category
The reason the cases cannot be settled or modified is that the loans no longer exist, there is no known owner (past present or future) and nobody has any real authority to settle or modify a loan when they are a complete stranger to the transaction (as stated in the recent San Francisco study). This […]
We have come a long way in six years. Back in 2007 almost everyone thought that the mortgage bonds were valid instruments issued by a valid entity that owned valid mortgages. Now we have Reuters news service reporting that “home loans underlying securities were rotten from the start.” Thus we are crossing that line where […]
The Department of Justice and the Securities and Exchange Commission are proceeding from the wrong presumption. They are starting with public policy and politics instead of enforcement of the law to maintain the fabric of our society. It results in the rule of man rather than the rule of law. And it is tearing us […]
Editor’s Note: As you might imagine I get thousands of these letters, calls and emails. This one caught my attention and I can’t say why but it raised my level of frustration with a system that, as Danielle Kelley (my law partner) says will act on illegal behavior perpetrated against investors but excludes borrowers from […]
NOTICE: The information contained on this blog is based upon fact when stated as fact and theory when stated as theory. We are well aware that the facts presented on this blog are contrary to the facts as presented by mainstream media, the executive branch of government and even the judicial branch of government. We […]
8/8/13 NOTE: This decision was approved for publication and therefore applies to all cases within the district of the appellate court. On the other hand we should not assume that they have arrived nor that this decision will have pervasive effects throughout California or elsewhere in the United States or other countries. J.P. Morgan did […]
The NEW STORE ADDRESS is http://www.livingliesstore.com. WE’VE UPGRADED THE STORE!!! Partly out of frustration with the old platform and partly because the banks are gunning for us. They apparently don’t like our approach to their bogus mortgages and foreclosures. So they are putting maximum pressure on all payment processors to cut off servicing firms that […]
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Apparently my article yesterday hit a nerve. NO I wasn’t saying that the only problems were with BofA and Chase. OneWest is another example. Keep in mind that the sole source of information to regulators and the courts are the ONLY people who understand mergers and acquisitions. So it is a little like one of […]
We hold these truths to be self evident: that Chase never acquired any loans from Washington Mutual and that Bank of America never acquired any loans from Countrywide. A review of the merger documents approved by the FDIC reveals that neither Chase nor Bank of America wanted to assume any liabilities in connection with the […]
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