GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANK STOCKS HEADING LOWER AS BALANCE SHEETS DON’T ADD UP EDITOR’S NOTE: At the end of the day, everybody knows everything. Goldman is losing its grip on the narrative. You can’t fool all the people all the time. If the pools were empty and the mortgage […]

Tags: accounting, BOA, Citi, Goldman Sachs, JPM, stocks
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Will the Banks Finally Have to Answer? At long last, there may be a serious investigation into the mortgage mess — the kind that results in clarity as well as big fines and maybe even accountability. Gretchen Morgenson reported in The Times on Tuesday that Eric Schneiderman, the New York attorney general, wants to discuss […]

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SEE ENTIRE ARTICLE IN ROLLING STONE MAGAZINE The People vs. Goldman Sachs A Senate committee has laid out the evidence. Now the Justice Department should bring criminal charges Goldman Sachs CEO Lloyd Blankfein tesifies before the Senate in April 2010 Mark Wilson/Getty Images 181 Comments By Matt Taibbi May 11, 2011 9:30 AM ET They weren’t […]

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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE BANKS LOOKING TO NY FED FOR PROTECTION EDITOR’S NOTE: Maybe this will wipe that arrogant smirk off their faces. Again the investigations are renewed after it seemed they were giving up. Just as the financial regulatory agencies followed up an SEC settlement with Goldman, they all, […]

Tags: bailout, Bank of America, bankruptcy, banks, borrower, countrywide, credit crisis, creditor, Cuomo, disclosure, Eric T. Schneiderman’s, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, Goldman Sachs, Morgan Stanley, New York
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Now they are trying it again, with the help of the NY FED. The characterization of the loan models as “originate and distribute” gives the impression that the loans were underwritten first and then distributed pursuant to a securitization plan. They are again retreating to complexity […]

Tags: Bank of America, bankruptcy, borrower, countrywide, creditor, DEUTSCHE BANK, disclosure, Eviction, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, MERS, quiet title, rescission, securitization, TILA audit, trustee, Wells Fargo
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE We are receiving reports that BAC is sending out letters declaring that they are transferring loans from BAC or Bank of America, the parent company as of July 1, 2011. The question is why? It seems that BOA is starting to realize the title problems inherent […]

Tags: BAC, Bank of America, bankruptcy, borrower, countrywide, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, MERS, quiet title, rescission, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: One of the first things that happens in any foreclosure case is that someone contacts the borrower saying who they are or who they represent. I contend that those representations should be confronted. It often happens, as Charles points out below, that more than […]

Tags: attorney representation, borrower, credit bid, creditor, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, MERS, quiet title, rescission, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE: Now Banks are facing the consequences of their own wrongful actions in originating, servicing and foreclosing on homes. They are carrying property on their balance sheet as “real-estate owed” (REO) when in fact they don’t own it, they never financed it and they never […]

Tags: borrower, creditor, disclosure, Eviction, Federal reserve, foreclosure, fraud, HERS, securitization, TILA audit, trustee
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GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Bank PlayBook: Whatever it Takes to Foreclose EDITOR’S NOTE: Despite the recent obvious NY Fed attempt to thwart disclosure of the truth about the obligations,, notes, mortgages and mortgage bonds, the lie we have been living on Wall Street is unravelling. It is becoming exquisitely obvious […]

Tags: Bank of America, bankruptcy, borrower, creditor, disclosure, Eviction, Federal reserve, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, rescission, securitization, TILA audit, trustee, Wells Fargo
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Who will make them pay? You will. Yesterday, in six cities across Illinois, people stood together and demanded Wall Street banks like JPMorgan Chase pay their fair share to end the revenue crisis, create jobs, and stop illegal foreclosures. In New York City, thousands marched on Wall Street demanding that Millionaires and Big Banks pay […]

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