Archive for 'Eviction' Category
Nov 16, 2010

2010/11/12 at 12:10 pm NOW THEY ARE CHANGING THE STORY AND ASKING FOR FORGIVENESS. ABA WHITE PAPER: THE ROLE OF A TRUSTEE IN ASSET-BACKED SECURITIES WASHINGTON — Due to a number of recent, incorrect media accounts, the American Bankers Association today issued a white paper explaining the role of trustees in asset-backed securities (ABS) and, […]

Nov 16, 2010

Submitted by Brian Davies SIGNING MACHINES–YOU CAN GET A QUOTE WATCH THE MACHINE ON THIS LINK http://www.signaturemachine.com/products/demo_page.htm GET YOUR QUOTES FOR THESE MACHINES http://www.scribd.com/doc/42231151/Automated-Signature-Technology-Improving-on-the-Autopens-of-Yesteryear TAMPERING FORENSICS OF THESE DOCUMENTS PUT INTO THE RECORD. http://www.scribd.com/doc/42229627/Detection-of-Medical-Chart-Tampering-Forensics-Talk-WORKS-FOR-MORTGAGE-NOTES-PRODUCED-FOR-COURTS

Nov 15, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LIVINGLIES-GARFIELD CONTINUUM BLOG Coleman_TILA_HOEPA_10113397467 CONGRATULATIONS JOHN DUNN: Finally a US District Judge Applies TILA rescission the way it was written. Judge rejects tender before rescission, rejects tender in lump sum, awards statutory damages, and awards $90,000 in fees. And THIS is in MINNESOTA which tried […]

Nov 15, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LIVINGLIES-GARFIELD CONTINUUM BLOG FIND A LAWYER OR FIND A CLIENT Several law firms specializing in securities litigation are looking at the other end of the spectrum and finding gold. It looks like we are about to see a slew of class actions and individual lawsuits […]

Nov 15, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary FIND A LAWYER OR FIND A CLIENT Submitted by Ann Legal twist forces foreclosure redos Creates second chance for former owners http://www.boston.com/business/articles/2010/11/12/legal_twist_forces_foreclosure_redos/ Zepheniah Taylor lost his Dorchester three-decker to foreclosure two times in 17 months. Now the 59-year-old grandfather has returned home to stay. The […]

Nov 15, 2010

LIVINGLIES—GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary 11.12.10 ABA TRUSTEE whitepaper   The responsibilities of the trustee, as set forth in typical asset-backed securities transaction documents, whether a pooling and servicing agreement or an indenture, are narrowly circumscribed as to each role and are traditionally stated to be limited […]

Nov 15, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary LIVINGLIES-GARFIELD CONTINUUM BLOG Our normal securitization analysis does not include the loan level accounting and analysis. That is a whole other project. The reason you MIGHT want it is that it would show, among other things, to whom payments were being made, the status being […]

Nov 15, 2010

Anonymous is in regular type, Garfield is in bold. Dear Anonymous: Think some of the confusion here is in the concept of funding of the loans.   As I have said before (and I know Neil does not like) investors do not directly fund individual mortgage loans.  They indirectly fund the securitization of a “POOL” of […]

Nov 15, 2010

David Brooks, NY Times Opinion. Nov. 11, 2010 “Elections come and go, but the United States is still careening toward bankruptcy. By 2020, the U.S. will be spending $1 trillion a year just to pay the interest on the national debt. Sometime between now and then the catastrophe will come. “It will come with amazing […]

Nov 15, 2010

LIVINGLIES—GARFIELD CONTINUUM BLOG COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s Note: I’m not sure about the submission below and I invite comments. The point missing, I think, is that the notes themselves were not EACH converted into bonds. The securitization structure appears to me to be the intermingling of notes (which […]