Archive for 'securities fraud' Category
Editor’s Notes: It is already well -established that write-down of principal is the only sane thing to do in these circumstances. De Marco standing as head of of the GSE’s refuses to consider that and even refuses to push for modifications, preferring foreclosures instead. Foreclosures are what is killing the economy, destroying lives and providing […]
Wall Street is gearing up to buy properties en masse from Fannie, Freddie and other holders (including the Federal Reserve. The question for these investors is what are they buying and what are they doing? I think these sales represent an attempt to create a filler for an empty hole in the title chain. we […]
Hat tip to Attorney Dan Hanacek in Northern California for spotting this. Editor’s Note: U.S. Bank has been called everything from a slumlord in L.A. to a co-conspirator in the Merendon Mining Scandal a few years back. We have already seen them scam the system by foreclosing on property without relief from stay in BKR, […]
Editor’s Analysis: As we predicted along time ago, the day would come when the best cases for litigators would be malpractice claims against lawyers who are dealing with real estate transactions. And as we have said before it includes bankruptcy lawyers, family law and a host of other cases where issues of title and validity […]
HOME PRICES SET TO DROP AGAIN! Editor’s Comment: You can spin this anyway you want, but the facts speak for themselves. People are worn out living under mountains of debt, some need to move for job purposes, and some need to reduce their payments because they are running out of resources to pay a mortgage […]
Editor’s comment: There are two “good” reasons why Wall Street wanted the appraisals inflated. The first was that the higher the appraisals (the real values be damned) the more money they could show that was moving, and the more sure they could be that even good loans would be defaulted strategically by people unwilling to […]
Hat Tip to Ken McLeod, private investigator serving livinglies LIVINGLIES VINDICATED!!! 99% of the Loans Never Were Transferred into Trusts Editor’s Comment: The truth is coming out piece by piece. In this complaint a thorough examination revealed what we have been saying all along — the loans were NOT pooled, bundled or put into any […]
When you get flack you know you are near the target. The banks are scared by my strategies are working so they are planting articles and blogs around the country questioning either me or my methods. My proposed strategies do get traction, subject to consultation with licensed attorneys who practice in the county in which […]
TOO BIG TO GO TO JAIL?!? YOU MUST SEE THIS REPORT: Banks “Losing” Mod Applications Same as the Notes For information on seminars and legal representation in Northern California please call our customer service line at 520-405-1688. Neil is now directly involved in assisting the attorneys plead an script these cases. A new seminar in […]
Editor’s Comment: At the heart of the entire scam called securitization was the abandonment — in fact the avoidance of repayment of the loans. The idea was to make bigger and bigger loans without due any evidence of due diligence, so that the “lender” could claim plausible deniability and more importantly, make a claim for […]
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