5 years ago it was obvious to anyone with the facts that the entire system or mortgage origination and mortgage foreclosures had been turned on it’s head, starting with one huge lie: that the value of the property exceeded the amount of the loan. It was in 2005 when 8,000 appraisers warned congress that their […]

Tags: Appraisal, fair market value, fraud, principal correction, principal reduction
Posted in bubble, Corruption, Eviction, evidence, Modification, securities fraud, Servicer |

First, let’s talk to the guy that says homeowners shouldn’t get a break because it would be unfair to him. After all he paid his mortgage and he is still paying his mortgage and nobody is helping him, right? Wrong. Everyone who has a mortgage is getting a federal subsidy. They get to pay less […]

Tags: foreclosure fraud, Modification Fraud, mortgage fraud, mortgages, principal correction, principal reduction, taxes, wrongful foreclosure
Posted in bubble, Corruption, Eviction, evidence, expert witness, foreclosure mill, Modification, securities fraud, Servicer |

I know this is a very hot political topic and that to some people it matters a great deal where Obama was born. I question the idiocy of an Arizona sheriff spending 2200 hours of cold case time on a birth certificate from Hawaii. The amazing revelation to me is that this sheriff has shown […]

Tags: Arpaio, birth certificate, fabricated documents, false declarations, foreclosures, forgery, fraud, Obama, Robo-Signing
Posted in bubble, Corruption, Eviction, evidence, foreclosure mill, Servicer |

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 […]

Tags: false declarations, measure of damages, multiple-state, Nocera, Robo-Signing, settlement
Posted in bubble, Corruption, Eviction, evidence, expert witness, Modification, Pleading, securities fraud, Servicer |

SERVICES YOU NEED AUTHORITY AND AGENCY In “Fair Game” Gretchen Morgenson continues to unravel the failing process of “saving homes” while the world ignores the simple truth that legally the homes are in no jeopardy but for the pranks and illusions created by the pretender lenders. There is no valid foreclosure, auction, mediation, modification, short-sale, […]

Tags: agency, Auction, authority, foreclosures, mediation, modifications, satisfaction of mortgage, short-sale
Posted in bubble, Corruption, Eviction, evidence, expert witness, foreclosure mill, Modification, Motions, Pleading, securities fraud, Servicer |

SERVICES YOU NEED From testimony in a Chase case, same as dozens of others I have seen —- Q. So if you didn’t review any books, records, and documents or computerized records, how is it that you had personal knowledge of all the matters contained therein? A. Well, I have personal knowledge that my staff […]

Tags: affidavits, Ally, damages, foreclosures, fraud, GMAC, personal knowledge, slander of title
Posted in bubble, Corruption, Eviction, evidence, expert witness, foreclosure mill, Modification, Motions, Pleading, securities fraud, Servicer |

SUBMITTED BY BRIAN Three cases that show we are on the right track. Indymac is a bad group that is going down further. http://www.scribd.com/doc/37596878/Paul-Nygen-Judgement-Against-Lenders-09-15-10 http://www.scribd.com/doc/37617034/FDIC-Indymac-V-Van-Dellen-Complaint-Officers-of-Indymac-sued-by-FDIC-Onewest-Bank-states-106-of-the-108-loans-are-non-performing-Must-be-to-the http://www.scribd.com/doc/37618538/Indymac-Certificate-ShareHolder-Class-Action-9th-Circuit-Interlocutory-Order-certifying-the-6th-Amended-Complaint

Tags: class action, FDIC, INDYMAC, NYGEN, OneWest
Posted in Corruption, evidence, expert witness, Motions, Pleading, securities fraud |

livinglies-newsletter-provides-more-strategic-info top-posts-and-pages RECOVERY HELD HOSTAGE BY WALL STREET AND POLITICIANS THIS IS WHAT I WANTED AVOID. WE ARE FAST APPROACHING THIRD WORLD STATUS, FORMER WORLD LEADER. AND THE REASON IS SIMPLE, WALL STREET OWNS THE GOVERNMENT PROCESS. THE RESULT IS THAT THE ONLY RIGHTFUL STIMULUS PACKAGE THAT WOULDN’T COST THE TAXPAYERS A DIME IS BEING […]

Posted in bubble, Corruption, evidence, expert witness, foreclosure mill, Motions, Pleading, securities fraud |

FROM ANONYMOUS, MY FAVORITE CONTRIBUTOR 🙂 EDITOR’S NOTE: I would be better off and so would our readers if I could be as succinct in my writing as Anonymous. Somehow it always takes me longer to say what he does in a few sentences. Use HIS version instead of mine whenever possible. My version is […]

Tags: anonymous, BOND, Mortgage Loan Purchase Agreement, note, Obligation, Repurchase, single transaction
Posted in Corruption, Eviction, evidence, expert witness, foreclosure mill, Motions, Pleading, securities fraud, Servicer |

livinglies-newsletter-provides-more-strategic-info Submitted by Mary Cachrane Editor’s Note: This is where the original SIV’s stashed the illicit profits they received by taking more money from investors than the amount they intended to use to fund mortgages. We call that the tier two yield spread premium that is also undisclosed at the time of borrower’s closing and […]

Tags: Cayman Islands, CDMC, CeCE, Cendent, Depository Trust Company, DTC, HERS, Wells Fargo, WFC, WFC Holdings Corp
Posted in bubble, Corruption, evidence, expert witness, foreclosure mill, Motions, Pleading, securities fraud, Servicer |