Archive for 'Eviction' Category
“We are faced with a choice here,” Silvers said during the hearing. “We can either have a rational resolution to the foreclosure crisis or we can preserve the capital structure of the banks. We can’t do both.” “Evidence has mounted that there are substantive problems with the liens that support significant numbers of securitized mortgages,” […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary In nearly all cases there is a reference to a trust that “owns” the loans. The first transaction is with this fictitious trust on whose behalf money is collected from investors who think they are purchasing bonds, the payor being the trust, but they are […]
“The Chamber of Commerce and other lobbyists help spend bank profits framing the consumer protection debate as being about “regulation,” but that is not the issue. We have had plenty of regulation in recent decades and still have lots of regulators. The issue is capture. Big banks in particular disproportionately captured the hearts and minds […]
COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s note: It is a simple proposition: without demand AND supply of capital within the economy there can be no movement. Refinancing and new financing cannot take place as long as the loan is too large relative to the property or business value. Thus we […]
submitted by Ann Fed Will Probably Start $500 Billion of Bond Buys, Survey Shows By Caroline Salas and Alex Tanzi – Nov 1, 2010 9:00 PM PT Nov. 1 (Bloomberg) — Julia Coronado, chief economist for North America at BNP Paribas, talks about the outlook for the financial markets following this week’s meeting of Federal […]
Hey Dave, that thing in your throat is called an order of disgorgement. Posted on02 November 2010. Tags: affidavits, assignment of mortgage, baron, djsp enterprises, fannie mae, files, foreclosure fraud, fraudulent documents, Freddie Mac, law offices of david J. stern plantation florida 33324, Tammie Lou Kapusta Fannie, Freddie Take Loan Files From Florida Law Firm […]
MO Attorney General gives homeowners tool kit to fight foreclosure Today, November 01, 2010, 59 minutes ago | ceramic cat FROM: http://kmox.cbslocal.com/2010/11/01/…t-foreclosure/ Kevin Killeen 11/1/2010 ST. LOUIS–(KMOX)–Missouri Attorney General Chris Koster is offering consumers facing foreclosure a way to fight back. Koster has compiled a “tool kit” of information on his website — including a […]
jones v hsbc 09-2904rwt Maryland Reginald Jones is the lead Class Action Plaintiff in a Maryland case alleging robo-signed documents. The well-written complaint was filed by Jon D. Pels, Esq. Bar No. 11883 Lawrence J. Anderson, Esq. Bar No. 11390 Justin Reiner, Esquire Bar NO. 16403 Jennifer O. Schiffer, Esquire 4833 Rugby Avenue, 4th Floor […]
Editor’s Note: Of course they are fuzzy. If you had just paid trillions of dollars on the say so of Hank Paulson, former Sec’y of treasury only to find out you paid for nothing, what would you do? If your answer is that you’d be honest about it you wouldn’t be, couldn’t be in government. […]
“The securitization of debt was in reality a distribution of cash unsupported by any rightful claim to it.” EDITOR’S NOTE: Another unthinkable “counter-intuitive” part of the process of disintegration on Wall Street. AMBAC, whose business was insuring those alleged mortgage bonds that turned out to have nothing in them, is going broke. Like its competitor, […]
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