Archive for 'Eviction' Category
Nov 29, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s Comment: Just like the bogus foreclosures that preceded them, the banks say they own the REO property they acquired with an illegal credit bid but they don’t want to REALLY own it and be responsible for code compliance utility bills and all that fun […]

Nov 29, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary In his experience, Mr. Shaev said: “The attorneys who represent the banks invariably state that they will get the collateral file for us and prove that the banks had possession of the documents at the appropriate time. But then when we review the file it […]

Nov 29, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The Truth in Lending Act from 1968 gives borrowers the “right of rescission,” the ability to undo a home refinancing or home equity loan within three years of the closing if the lender did not make proper disclosures — generally of the loan amount, interest […]

Nov 29, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The most persistent problem facing homeowners today is that in any challenge to the apparent “lender” there are presumptions that arise in the mind of the court in favor of the supposed creditor and against the homeowner. Using rescission as a procedural tool, along with […]

Nov 29, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary At the core then is a simple question: which is more important — people or money? I thought the United States Constitution made that clear and gave Americans the 2d, 4th, 5th, 9th and 14th Amendments to make sure they could enforce it. But now […]

Nov 28, 2010

Editor’s Comment: As long as we believe that we are included in the aristocracy we will never see them as the source of our own oppression and we will even vote for them. So it LOOKS like a democracy but it isn’t. It looks like the rule of law but it is the rule of […]

Nov 27, 2010

EDITOR’S NOTE: The finger pointing and ankle-biting is a sign of the times — all pointing to the fact that there WAS fraud, and that some corporation (other than the one making the allegation) is at fault. BOTTOM LINE: There was fraud and none of these corporations making the allegations as pretender lenders are victims. […]

Nov 27, 2010

GOLDMAN SACHS FOR PRESIDENT!! 2012??? EDITOR’S NOTE: If they thought of it, you would have an arbitration clause in your mortgage deed or deed of trust. And it would name the firm providing the arbitration service — a firm they owned. Expect it in modification or settlement papers. It is already present in securities cases, […]

Nov 27, 2010

Foreclosure Probe Talks Include Investors Urging Resolution By Margaret Cronin Fisk and David McLaughlin – Nov 24, 2010 10:01 PM MT Thu Nov 25 05:01:49 GMT 2010 All 50 U.S. states are investigating whether banks and loan servicers used false documents and signatures to justify hundreds of thousands of foreclosures. Photographer: Jacob Kepler/Bloomberg Mortgage-backed securities […]

Nov 26, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Remember that “finding” the “trust” that “owns” the “loan” is a rabbit hole and you should not get stuck in the narrative of the banks. The truth is that we only find a pool that is called a “trust” or other entity that is probably […]