Archive for 'Corruption' Category
GOOD CAMPAIGN SLOGANS: “I will fight to bring the mega-banks under control” ” I will fight for reporting requirements that reveal insolvent banks before they threaten our financial system again.” ” I will fight for audits of reporting to identify exotic financial instruments that are cover-ups for PONZI schemes” ” I will fight to recover […]
Editor’s Comment: The more people look at it, eminent domain looks like a good option that is fair and reasonable and smokes out the REAL creditor. Thus the Banks are up in arms about it and using every bit of lobbying and political muscle to stop it. But the practicalities of eminent domain might trump […]
In the last 3 months I have been assisting in the defense of some commercial property cases — strip malls, small hotels, warehouses, etc. And while the consensus has been that securitization of commercial mortgage backed securities has been relatively straightforward, it appears that at the very least there are exceptions to that rule and […]
Editor’s Comment: Two candidates faced off on domestic issues last night and neither one of them mentioned the artificiality of our economy based on reported profits and assets that are fictitious and leaving out real liabilities that are in the trillions. They also both left out the taxation of the tens of millions of “securitization” […]
150,000 people are receiving letters now telling them that their second tier mortgages are “eliminated.” Whether BOA has the authority to do this depends upon whether they are the creditor in those loans. They may be the creditor in some of them but I suspect that the loans cannot be proven in any chain of […]
Here is one way of handling the shell game. This could be split up into bite sized pieces and then filed one at a time, but then you might lose the flavor of it. The interesting thing about this pleading is that it takes the pleading and affidavits of the forecloser and uses it against […]
“If, however, the transaction does not coincide with the parties’ bona fide intentions, courts will ignore the stated intentions.19 The analysis of ownership cannot merely look to the agreements the parties entered into because the label parties give to a transaction does determine its character.20 Consequently, the analysis must examine the underlying economics and the […]
It might strike a note of dissonance when you realize that all the knowledge, facts and theories are well-known by title experts and they are teaching mostly correct things to lawyers. The problem is not whether the information is being disseminated. The problem is that the Lawyers are either not paying attention at these seminars […]
Case No 57430 Edelstein v Bank of New York Mellon “to proceed with the nonjudicial foreclosure of an owner-occupied residence, the party seeking to foreclose must demonstrate that it is both the beneficiary of the deed of trust and the current holder of the promissory note.” Editor’s Analysis: Once again, poor understanding of the securitization […]
This is not a legal opinion that you can rely upon and I don’t represent you nor have I looked at anything in your case. Check with an experienced tax lawyer or accountant and you’ll find loopholes large enough to move an ocean liner. The realtors are jumping up and down saying sell now or […]
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