Archive for 'Uncategorized' Category
So here is an example of why you need to send a DVL (Debt Validation Letter). It turns out that mainstream media and the court system are much more willing to get into bank fraud as to students than they were when it came to homeowners. The facts are the same. “Somewhere along the line” […]
American jurisprudence is clearly still struggling with the fact that in most cases the forecloser either does not exist or does not have any interest in the loans they seek to enforce. In virtually all instances PennyMac is acting in the role of a sham conduit while allowing its name to be used as the […]
http://www.cnbc.com/2017/07/13/harvard-study-heres-how-many-americans-cant-afford-housing.html Ester Bloom Thursday, 13 Jul 2017 | 9:22 AM ET Harvard study: Almost 40 million Americans can’t afford to pay for housing According to new research by Harvard University, almost 40 million Americans “live in housing they cannot afford.” Homeownership has gone down and rental prices keep going up, meaning that millions of residents […]
By Jesse Hamilton July 14, 2017 https://www.bloomberg.com/news/articles/2017-07-14/treasury-is-said-to-seek-wall-street-input-on-overhauling-fsoc Lobbyists in private meeting call for weakening super-watchdog Trump has ordered Treasury report on rethinking risk panel A pedestrian walks past the Wall Street subway station near New York Stock Exchange. Photographer: Michael Nagle/Bloomberg The Trump administration is letting the financial industry make its case that a super […]
http://www.reuters.com/article/us-otc-pimco-idUSKBN19X2NV Alison Frankel (Reuters) – Several Pimco investment funds are accusing the mortgage-backed securities trustee Wells Fargo of misusing noteholder money to pay its own legal expenses. In a newly filed complaint in Manhattan State Supreme Court, the Pimco funds are asking for a declaratory judgment that Wells Fargo is not entitled to use MBS trust […]
JPM Chase CEO Jamie Morgan said today that, “we would have to get our act together, do what we’re supposed to do to the average American” Do TO the average American?? What, like foreclose on homes JPM Chase can’t demonstrate it owns except through the production of fabricated documents? During today’s earnings call discussing JPM’s […]
THE ESSENCE OF A TRUST IS NOT THE TRUST DOCUMENT. THE ESSENCE IS THE EXISTENCE OF TRUST PROPERTY. Like legal standing, there must be some THING that is involved or the court has no jurisdiction. If you look up any source on the definition or elements of a legal trust, there is no “Trust” if […]
Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays Please see: FHFA RBS Settlement The settlements with the banks are a scam. Yesterday RBS settled with US authorities for skullduggery in the name of “so-called residential mortgage-backed securities.” They took in over $30 billion and […]
Alison Frankel (Reuters) – On a fateful day in 2010, Philippe Selendy and Manisha Sheth of Quinn Emanuel Urquhart & Sullivan took the train to Washington, D.C., to pitch officials at the Federal Housing Finance Agency on a radical proposal: FHFA should hire Quinn Emanuel to sue the banks that sold toxic mortgage-backed securities to […]
This shows beyond a shadow of doubt that the courts are not going to “allow” claims or defenses based upon the effectiveness of TILA Rescission. Despite the clear wording of the TILA Rescission federal statute and the clear and unanimous and FINAL decision in the SCOTUS Jesinsoki decision, judges think they can disagree with a […]
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