Archive for 'Eviction' Category
Feb 21, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S COMMENT: I honestly thought I might be done by now. When I started this blog at age 60 I thought that the truth would prevail and the banks would be slammed down, restoring our court-fooled title system before the title […]

Feb 18, 2012

Sometimes you just have to wonder. Nocera has been an excellent, even if somewhat reluctant investigative reporter who brought almost as much daylight as Gretchen Morgenstern. Like others reporting on the mortgage mess, he has not yet attempted to quantify or even describe the financial damages to investors and homeowners, much less the total financial […]

Feb 17, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s comment: The article below summarizes the bad loan analysis: “finding flaws in new loans that included altered tax forms, straw buyers and borrowers who listed fictitious employers.” What’s missing? — flaws in loans that included altered or fraudulent appraisals, altered […]

Feb 17, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Editor’s Comment: Stopa is right on here. If the servicer is allowed to foreclose, and the auction is conducted, the property sold, what happens to the rest of the obligation that the servicer was not entitled to receive? How do the […]

Feb 17, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 STRATEGISTS PLEASE DO THIS TONIGHT… THERE’S NO TIME TO WAIT… CALL TO ACTION – SB1451 BACKGROUND: AZ SB 1451, the Mortgage Finance Reform Act, would allow AZ homeowners to refinance at or near current market value.  It will lower monthly payments […]

Feb 17, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 EDITOR’S ANALYSIS: It has been the theme on these pages that the loan deals, if you look at the money trail, was strictly between the investors and the homeowners. The investors (pension funds etc.) were the lenders and the homeowners were […]

Feb 16, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 CHALLENGE TO BAR ASSOCIATIONS: PROSECUTE FORECLOSURE MILL ATTORNEYS EDITOR’S COMMENT: Challenge to California Bar Association. There has been much ado about foreclosure rescue operations that are scams and there should be enforcement activity where lawyers and non-lawyers are promising things they […]

Feb 16, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 Unsound and Unsafe Processes and Practices in Residential Loans Editor’s note: Once again we have an administrative finding and an admission by the BIG 5 that their servicing and practices are both unsafe and unsound. These are fines, not restitution. The […]

Feb 16, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 BLAME THE BORROWER, TAKE THEIR MONEY AGAIN Editor’s Comment: As though it was bad enough that the banks, who suffered no loss, got the bailouts, the federal reserve money, the insurance proceeds and the proceeds of credit default swaps and other […]

Feb 15, 2012

MOST POPULAR ARTICLES CLICK HERE TO GET COMBO TITLE AND SECURITIZATION REPORT SERVICE 520-405-1688 by L Dean Pasadena TX – I believe that we all know the truth and it does not matter. We know the banks do not have the right to foreclose. I say we all share a little something about our States, […]