Archive for 'Corruption' Category
Housing Regulator Defies White House Obama’s Next Move Unknown Editor’s Comment and Analysis: It’s unanimous! Except for DeMarco, the housing regulator who won’t let Fannie and Freddie cooperate with principal reductions. Why not? “The Federal Housing Finance Agency’s own analysis has shown that principal reduction could help up to 500,000 homeowners and save taxpayers as […]
Could it be that the banks are ordering their “independent” trustees to alter the wording of the notice of sale and the ensuing deeds or transfers to look as bad as possible so they can get your home for 5 cents on the dollar? see alert-trustees-selling-liens-not-property-and-property-without-title Unless the bank’s are going to rig the real […]
Moving the Goal Posts Again SELLING LIEN INSTEAD OF PROPERTY AT TRUSTEE SALE When Will Judges Get It? There is NO Mortgage Lien EDITOR’S ANALYSIS: A new instrument is surfacing masquerading as a Notice of Sale. This is going to be interesting. If you didn’t read it, as most of these were probably not read […]
Many Canadians and U.S. investors are causing a buying “spike” that is creating the illusion that the market has hit bottom in some places and even going up. This illusion is self-perpetuating until it becomes clear that the buyers of these properties have bought into problems that they never knew existed. This is not the […]
Editor’s Comment: There can no longer be any doubt about the complicity of regulators with banks in both the Libor and mortgage scandals. In fact, it should not called a scandal. That implies that a few people went off the reservation. We have something more fundamental at stake here. It is the revolving door, bribery […]
Securitized debt in residential housing was and remains a myth. It never happened. And now the media are is starting to understand that the actual financial transaction is far simpler than the one the banks are reporting: the investors (pension funds etc.) loaned money to the homeowners. Instead of writing the check directly to the […]
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As will be discussed in the workshops coming up in California (check the schedule), it isn’t just the homeowner who could be filing wrongful foreclosure actions for damages. Junior lienholders should be doing the same. They are the association that maintains the property or common elements, second mortgage holders, holders of HELOCS etc. When THEY […]
Featured Products and Services by The Garfield Firm NEW! 1/2 Day CLE Workshop for Paralegals and Lawyers with Neil Garfield: Building a case book for each client that saves time rather than takes time. NEW! 2nd Edition Paralegal-Attorney Workbook,Treatise & Practice Manual ——–>SEE TABLE OF CONTENTS: WHOSE LIEN IS IT ANYWAY TOC LivingLies Membership – […]
Editor’s Comment: Don’t give anybody money unless you have checked them out. I’m not saying they must have a six year history in this like I do, but get some references and don’t part with your money until you understand exactly what they are planning to do and why it will or has a likelihood […]
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