Fraud for the first time in history has been institutionalized into law. It is foolishness to believe that the banking industry is trustworthy and that they have the right to claim legal presumptions that their fabricated documents, and the forged documents are valid, leaving consumers, borrowers and in particular, homeowners to formulate a defense where […]

Tags: Bank of America, Chase Bank, Citibank, Citimortgage, Royal Bank of Scotland, Wells Fargo Bank
Posted in Corruption, discovery, evidence, Fabrication of documents, legal standing |

By TT MacKinstry(Neil Garfield will comment on this case Monday on Livinglies.) [See Decision Here: HSBC v. Buset] A Stunning Reversal What began in 2015 as a potential landmark victory for homeowners Joseph and Margaret Buset has ended in a stunning reversal that favors HSBC Bank USA, N.A. At trial, Miami-Dade Circuit Judge Beatrice Butchko […]

Posted in Fabrication of documents |

Editorial Note: The Dark Side of Blackstone’s Home Buying Spree Blackstone Group leveraged its special relationships with banks and county recorder’s offices to scoop up blocks of foreclosed homes for pennies on the dollar during the housing crisis. A troubling share of these properties were tied to: Fraudulent paperwork Forged signatures MERS (Mortgage Electronic Registration […]

Posted in Fabrication of documents |

By K.K. MacKinstry, LendingLies Blog Chronic Stress, Cortisol, and the Brain Neuroscientists have long known that chronic stress and elevated cortisol damage the brain. While no formal studies have yet examined the health consequences of foreclosure battles, prolonged litigation, and post-foreclosure trauma, the parallels are clear. Years of unresolved stress leave homeowners vulnerable to anxiety, […]

Posted in Eviction, Fabrication of documents |

Mnuchin Confirms the Controversy On Fox News, Treasury Secretary Steve Mnuchin stated that President Obama engineered the Net Worth Sweep (NWS) in 2012 to divert funds from Fannie Mae and Freddie Mac to pay for Obamacare. “It is true,” Mnuchin said when asked if Fannie and Freddie profits were used to fund ACA subsidies. According […]

Tags: ACA, Fannie MAe, fanniegate, Freddie Mac, obamacare, Steve Mnuchin
Posted in Corruption, evidence, Fabrication of documents |

By the Lending Lies Team Fannie Mae and Freddie Mac have introduced a new loan modification option called Flex Modification. This program replaces HAMP (Home Affordable Modification Program), the Standard Modification, and the Streamlined Modification. On paper, it’s designed to reduce monthly payments for troubled borrowers. In practice, it may also serve another purpose: to […]

Tags: Fannie MAe, flex modification, Freddie Mac, HAMP, LOAN MODIFICATION
Posted in discovery, Fabrication of documents |

So you just received that dreaded letter in the mail announcing that a loan servicer who likely never loaned you a dime is going to foreclose on your home.  Your adrenaline rockets through your veins, you go into Fight or Flight mode and at some point you say, “Holy sh*t- what do I do now?” […]

Tags: foreclosure 101, foreclosure due diligence, lendinglies, Livinglies
Posted in discovery, evidence, Fabrication of documents, foreclosure defenses |

  I started thinking about different procedural matters that are the likely subject of objections that could be sustained by a trial judge and would most likely be affirmed by an appellate court. As for the authority of the BKR judge, the appropriate objection would seem to be that the court is not really a […]

Tags: foreclosure defense
Posted in Corruption, Fabrication of documents, foreclosure defenses, Foreclosure Questions |