Starting last month, the mega banks began an aggressive campaign to avoid modification, settlements or principal reductions and seek foreclosures before they are forced to modify. Yes, we can help at livinglies, but the numbers are so high that there is no way we have the resources to help everyone. I am pitching in too, […]

Tags: Broward County, Collier County, Dade County, Laura Layden, Leon County, Orange County, Palm Beach County, RealtyTrac, www.naplesnews.com
Posted in bubble, Corruption, Eviction, securities fraud |

Yes, we can help at livinglies, but the numbers are so high that there is no way we have the resources to help everyone. Lawyers, accountants, analysts and others should be seeing this as a major opportunity to do well for themselves and for the owners of these homes by challenging the rights of the […]

Tags: ARIZONA, attorney malpractice, bailouts, bizjournals.com, case-Schiller index, foreclosures, home prices, home values, Kristena Hansen, median income, mega banks, seminar, Wall Street, workshop
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Notes: It is already well -established that write-down of principal is the only sane thing to do in these circumstances. De Marco standing as head of of the GSE’s refuses to consider that and even refuses to push for modifications, preferring foreclosures instead. Foreclosures are what is killing the economy, destroying lives and providing […]

Tags: appraisal fraud, De Marco, Obama, principal reduction, Romney
Posted in bubble, Corruption, Eviction, securities fraud |

Wall Street is gearing up to buy properties en masse from Fannie, Freddie and other holders (including the Federal Reserve. The question for these investors is what are they buying and what are they doing? I think these sales represent an attempt to create a filler for an empty hole in the title chain. we […]

Tags: accounting, assignments, emotional distress, Fannie, Federal reserve, Freddie, GSE, money trail, origination, receiver
Posted in bubble, Corruption, Eviction, securities fraud |

Hat tip to Attorney Dan Hanacek in Northern California for spotting this. Editor’s Note: U.S. Bank has been called everything from a slumlord in L.A. to a co-conspirator in the Merendon Mining Scandal a few years back. We have already seen them scam the system by foreclosing on property without relief from stay in BKR, […]

Tags: Downey Savings, dual tracking, Justice Fybel, Merendon Mining, PAM RAGLAND, scam, SECURITIZATION DOCUMENTS, slumlord, trustee relating to, U.S. Bank
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s Analysis: As we predicted along time ago, the day would come when the best cases for litigators would be malpractice claims against lawyers who are dealing with real estate transactions. And as we have said before it includes bankruptcy lawyers, family law and a host of other cases where issues of title and validity […]

Tags: lawyer malpractice
Posted in bubble, Corruption, Eviction, securities fraud |

HOME PRICES SET TO DROP AGAIN! Editor’s Comment: You can spin this anyway you want, but the facts speak for themselves. People are worn out living under mountains of debt, some need to move for job purposes, and some need to reduce their payments because they are running out of resources to pay a mortgage […]

Tags: fraudulent appraisals, home prices, housing, shadow inventory, underwater
Posted in bubble, Corruption, Eviction, securities fraud |

Editor’s comment: There are two “good” reasons why Wall Street wanted the appraisals inflated. The first was that the higher the appraisals (the real values be damned) the more money they could show that was moving, and the more sure they  could be that even good loans would be defaulted strategically by people unwilling to […]

Tags: appraisal fraud, buybacks, Field Review Appraisal Fraud, FRAFing, HousingWire.com, Justin T Hilley, Quality Mortgage Service
Posted in bubble, Corruption, Eviction, securities fraud |

Hat Tip to Ken McLeod, private investigator serving livinglies LIVINGLIES VINDICATED!!! 99% of the Loans Never Were Transferred into Trusts Editor’s Comment: The truth is coming out piece by piece. In this complaint a thorough examination revealed what we have been saying all along — the loans were NOT pooled, bundled or put into any […]

Tags: appraisal fraud, ASSET BACKED RECEIVABLES LLC, assignment, BARCLAYS BANK PLC; BARCLAYS CAPITAL INC.; SUTTON FUNDING LLC and SECURIT, Carrera, CERTIFICATES, Clayton, Clayton Services Inc., CLTV ratio, FREMONT, HSH, HSH NORDBANK AG; HSH NORDBANK AG, Lindsay, LUXEMBOURG BRANCH; POSEIDON FUNDING LTD.; HSH NORDBANK SECURITIES S.A., mortgage-backed, new century, Office of the Comptroller, Rasmus, REMIC, subrogee, transfer of notes, TRUSTS, U.S. Senate Permanent Subcommittee on Investigations, underwriting guidelines
Posted in bubble, Corruption, Eviction, securities fraud |

NOTICE: IN ANSWER TO INQUIRIES RECEIVED FROM CITIES AND COUNTIES, YES EMINENT DOMAIN IS A GOOD IDEA BUT NOT BECAUSE OF THE REASONS STATED THUS FAR. IT IS A GOOD IDEA BECAUSE THE PARTIES CLAIMING TO BE INJURED BY THE SEIZURE WOULD BE REQUIRED TO SHOW THAT THEY WERE INJURED IN REAL DOLLARS AND REAL […]

Tags: eminent domain, fraud, modification, perjury, scam, taxes
Posted in bubble, Corruption, Eviction |