Archive for 'Uncategorized' Category
It depends who you ask, when you ask and where you ask. The Wall Street Banks have been very effective at putting out stories to make it appear that foreclosures are all but over. You can read story after story about how foreclosures are “lowest since” 1991 or whatever. But in an age of 140 […]
When the great call comes for pension benefits that are unfunded workers who depended on using their retirement money to survive will find that the money managers have been taking outsize fees while investing in world class scam on Wall Street. Banks win, everyone else loses. Everyone is kicking the can down the road to […]
By John McDermott jmcdermott@postandcourier.com Ocwen Financial Corp. isn’t a household name in South Carolina or most other states, at least not to anyone outside of the mortgage or foreclosure business. But its profile is quickly rising. While the pain from the last residential real estate crash has largely subsided, the hangover is just starting to […]
The Housing Bubble isn’t a Bubble- it’s a Blister. by K.K. MacKinstry It’s going to hurt when it pops. Low interest rates have reflated the housing bubble by enticing buyers to enter the market or buy bigger homes while rates are low, with the looming Fed threat that rates will rise quickly. During May 2017 […]
Thursdays LIVE! Click in to the The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays Bill Paatalo’s Handout: TX – Foreclosure Task Force Transcript 2007 First, an apology. Over the past month we have experienced technical difficulties that have prevented host Neil Garfield from broadcasting live. We hope these issues have […]
Lots of loans have provisions that are illegal. As far as I know the only illegal provision of a loan that could make debt, note and mortgage go away, i.e., becomes void in its entirety (versus the provision containing the illegal language), or that entitles the borrower to recover all his payments or more is […]
It should come as no surprise that 10 years after the crash, Bloomberg reports that most U.S. homes are worth less now than before the crash, with many homes worth less than when they were purchased or refinanced long before the crash. Appraisal fraud was thus institutionalized to the dismay of the licensed appraisers and […]
Statute Of Limitations Defense In Florida Foreclosures Not Quite Dead Yet? Trial Court Rules In Favor Of Deceased Borrower’s Daughter Against Bankster As Trial Court Notes Distinction Between Reverse Mortgage & Traditional Mortgage http://consumerfsblog.com/ From a post at The Consumer Financial Services Blog: The Circuit Court of the Eleventh Judicial Circuit in and for Miami-Dade […]
The stakes couldn’t be higher. If counsel has been directed by a third party to use the name of a specific entity, acting as Trustee for an alleged trust, and has no contact or information from the Trust or the Trustee, then on what authority does counsel represent the Trust? Remember there must be some document […]
by Matt Scully May 8, 2017, Radian’s Green River says U.S. queries broker price opinions Probe said to question if firms’ assessments overstated values U.S. securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street’s biggest residential landlords used overvalued property assessments. Radian Group Inc.’s Green River Capital unit […]
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