Thousands of cases like this one have pointed out that SPS and other servicers like Ocwen do not consult with any investor, do not evaluate the case for settlement, modification or mitigation. The answer to questions arising from the unwillingness of those companies to comply with law stems from the fact that the  vast majority […]

Tags: housing, Ocwen, Select Portfolio Servicing, TRUTH
Posted in Corruption, discovery, evidence, Fabrication of documents, legal standing, Modification, Servicer |

The bottom line is that there are no financial transactions in today’s securitization schemes. There is only fabricated paper. If you don’t understand the DDP, you don’t understand “securitization fail,” a term coined by Adam Levitin. GET A CONSULT GO TO LENDINGLIES to order forms and services. Our forensic report is called “TERA“— “Title and Encumbrance Report […]

Tags: CERTIFICATES, CMO, DDP, dynamic dark pool, Fabrication of documents, paper trail v money trail, Reserve, securitization fail
Posted in legal standing, securities fraud |

Payment by third parties may not reduce the debt but it does increase the number of obligees (creditors). Hence in every one of these foreclosures, except for a minuscule portion, indispensable parties were left out and third parties were in reality getting the proceeds of liquidation from foreclosure sales. The explanations of securitization contained on the websites of […]

Tags: Freddie Mac, indispensable parties, loan receivable, money trail, obligee, paper trail, REMIC TRUST, REMIC Trust IPO, securitization
Posted in Corruption, discovery, evidence, Fabrication of documents, legal standing, securities fraud, Servicer |

How Black Knight LPS and LoanSphere Control Mortgage Data—and Why Errors Matter Black Knight LPS and its LoanSphere platform sit quietly behind the scenes of millions of mortgage accounts, yet few homeowners understand how much control these systems have over loan boarding, invoicing, and servicing decisions. When a loan is transferred, modified, or pushed toward […]

Tags: Black Knight, boarding process, DocX Indictment, fraudulent documents, Home Point Financial, LoanSphere, LPS, TRUTH
Posted in Corruption, discovery, evidence, Fabrication of documents, legal standing, Servicer |

Producing a USEFUL report that can identify gaps, inconsistencies and deficiencies in the primary documents used for foreclosure is a complex task. It must be thorough and it must be correct and free from “opinions” that the writer is not qualified to present. Opinions ruin credibility under they come from a qualified expert with credentials, […]

Tags: How to research documents used in foreclosures., money, transfer
Posted in evidence, Fabrication of documents, legal standing, Motions |

No two financial crises are ever quite the same. The next one won’t be like the last. But history teaches lessons, and there’s no excuse for ignoring them. Regulators have done a lot to reform the financial system since the 2008 crisis, but they still haven’t fixed the market where the trouble started: U.S. mortgages. […]

Tags: Bloomberg, certificate holders, David Shipley, legal standing, Servicer advances, servicers, TRUTH
Posted in Fabrication of documents, legal standing, Pleading, securities fraud |

This decision, although not yet for publication, brings us another step closer to exposure to the largest economic crime in human history. Every lawyer should read it more than once in its entirety. It contains the arguments and the narrative for most successful defense strategies against fraudulent foreclosures. Fundamental to understanding why foreclosures are fraudulent […]

Tags: affidavits, declaration, Deutsch, FOUNDATION, Hawaii, HSBC, MOORE, notes, PNC, presumptions, self-serving, transfer, TRUTH
Posted in Corruption, discovery, evidence, Fabrication of documents, legal standing, Servicer |

Discovery is more complex than lay people realize. There is a lot of work that goes on behind the scenes in court. Our paralegal, Connie Lasco, saw the problems and forwarded the request for service to me for comment. Here is an example of my comments to one homeowner who is defending her home pro […]

Tags: meet and confer
Posted in discovery, evidence, legal standing |

In my opinion any foreclosure judgment or foreclosure sale that took place after a notice of rescission was sent and delivered is completely void and should be treated the same as a wild deed. This is particularly true in cases where courts have ignored the rescission completely and failed to issue an order effectively vacating […]

Tags: TILA rescission
Posted in legal standing, Motions |

Like other decisions establishing  the law of the land, the decisions of SCOTUS are often taken as advisory or optional. Nevertheless TILA Rescission and Article III standing have been affirmed by the Court of last resort. Reluctant judges in trial and appellate courts will get their hands slapped one more time but all the bad […]

Posted in legal standing, Motions, Pleading |