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https://www.thenation.com/article/wilbur-ross-and-steve-mnuchin-profiteers-of-the-great-foreclosure-machine-go-to-washington/ In my book Chain of Title, I refer to the collection of lenders, mortgage-servicing companies, third-party document processors, foreclosure-mill law firms, and trustee banks as all part of the Great Foreclosure Machine. I’m now realizing I should have trademarked the phrase, because Donald Trump just picked two engineers of that machine to serve […]
see http://www.npr.org/2016/11/29/503755613/trumps-potential-treasury-secretary-headed-a-foreclosure-machine There two ways of looking at this prospective appointment by President-Elect Trump. One is that this appointment signals the intent to further “expedite” foreclosures instead of digging deeper into the real facts and fraud by Wall Street banks. Such an effort would eliminate the possibility of the US Treasury clawing back huge sums […]
http://www.thedailybeast.com/articles/2016/11/29/trump-picks-foreclosure-king-mnuchin-for-treasury-secretary.html Big Short II Five years ago, foreclosed homeowners protested on the lawn of Steve Mnuchin’s Bel-Air mansion for his company’s ‘repulsive’ practices. Now he’ll be Trump’s secretary of the Treasury. After an effort to purge lobbyists from his quickly arranged transition team, President-elect Donald Trump, who campaigned on a “drain the swamp” message, is […]
http://www.npr.org/2016/11/29/503755613/trumps-potential-treasury-secretary-headed-a-foreclosure-machine After campaigning with lots of populist and anti-Wall Street rhetoric, Donald Trump is seriously considering a veteran Wall Street financier, Steve Mnuchin, to be his Treasury secretary. The Two-Way Trump Picks Steve Mnuchin To Lead Treasury Department Mnuchin spent 17 years at Goldman Sachs, ultimately as a partner at the investment bank. More recently, […]
The assumption that the Judge already knows the facts and the law is what drives lawyers into defeat. The Judge is not required to know anything, and is actually prohibited from taking an active role in favor of one party or the other. Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments. […]
What do you think the average homeowner would have said if he was told “Look, the actual lender is someone else but we want you to name us as the lender.” Get a consult! 202-838-6345 https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments. THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN […]
Read more here: http://www.charlotteobserver.com/news/business/banking/bank-watch-blog/article116470198.html#storylink=cpy By Deon Roberts The U.S. government let a high-profile mortgage case against Bank of America quietly fizzle out this week. The Department of Justice had until Monday to ask the U.S. Supreme Court to take up its “Hustle” lawsuit against the Charlotte-based bank. In May, the 2nd U.S. Circuit Court of […]
http://saintpetersblog.com/homeowners-denied-mortgage-reduction-program-accuse-bank-america-fraud/ by Jade Isaacs, St Petersblog Twenty homeowners are suing Bank of America for fraud after the bank denied them a program that would lower mortgage payments. Home Affordable Modification Program (HAMP) was designed to help homeowners affected by the market crash in 2008. The program would reduce monthly mortgage payments to 31 percent of […]
They were “aggregating” paper not debts or loans. And the courts are presuming that where there is paper there must be a transaction somewhere in there even if there isn’t. * Starting around 2007, the empty trusts were said to have been repackaged into new special purpose vehicles which also turned out to be mostly […]
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