Archive for 'securities fraud' Category
Dec 2, 2010

MEGABANKS POSE SYSTEMIC THREAT IF THEY SUCCEED There is an old saying: lend a business $1,000 and you own it; lend it $1 million and it owns you. This latest crisis confirms that the economic influence of the largest financial institutions is so great that their chief executives cannot manage them, nor can their regulators […]

Dec 2, 2010

SUBMITTED BY DEB WYNN EDITOR’S NOTE: Deutsch Bank, figuring prominently in the entire securitization scheme in more ways than we can count, is counted amongst the two top beneficiaries of the buying program from the Federal Reserve, the Lending program from the Federal reserve, and the Buying program from the US Treasury. And then you […]

Dec 2, 2010

from our good friend Anonymous, he tells us why fraud is so important as a cause of action in these loan: To answer your question – (and this is not directed at “You” – it is just to answer your question) Because you used fraud to lend the money – that is, if you actually […]

Dec 1, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary The following is my own opinion and reactions to things I observed in court. This is for general information purposes and not legal advice which can ONLY come from an experienced licensed attorney in the area in which your property is located. REFLECTIONS ON AN […]

Dec 1, 2010

FINGER POINTING WON’T SOLVE THE PROBLEM The mortgages are invalid, the transfers are invalid, the notes are invalid, the transfers are invalid, the documentation is void, the obligation needs to be renegotiated and THEN we will be able to start putting things back together again with homeowners and investors restored as much as possible to […]

Dec 1, 2010

Editor’s Note: I’m sitting here with an upper sinus infection that is giving me the worst headache I ever had and that has lasted for 2 1/2 weeks. But it doesn’t compare to the headache the entire country endures while we continue to ignore the obvious. Unemployment and underemployment is very bad even by the […]

Dec 1, 2010

“If the notes weren’t properly transferred to the trusts, then investors have the mother of all put-back claims,” Adam J. Levitin, an associate professor at Georgetown University Law Center in Washington, wrote on a blog four days after citing the Wizmur ruling during a hearing by a House Financial Services subcommittee. Editor’s Note: As Max […]

Dec 1, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “This could potentially mean that 60 percent of homeowners in this country are currently paying on unsecured debt – which can be dealt with in bankruptcy.” EDITOR’S COMMENT: A couple of million here, a couple of million there, the next thing is you’re talking real […]

Nov 30, 2010

COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary “In hundreds of thousand of cases, the promissory note that proves a bank owns a borrower mortgage is now gone. Vanished. Some borrowers may walk away scot free. In other instances, banks may be forced to dramatically reduce what a borrower owes. Many foreclosures have […]

Nov 30, 2010

submitted by David Editor’s Comment: This underscores the reality of the situation. Whereas the borrower thought the lender was disclosed, was underwriting the loan and was taking the risk and therefore was interested in the viability of the loan, none of those things were true. The party disclosed as the “lender” was not the source […]