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By the Lending Lies Team The major news sources refuse to address the possibility of a housing bubble, however analysts who don’t drink the mainstream Kool-aid say the markets look eerily like those of 2005. Back in 2005 the mainstream media dismissed the warning signs and encouraged people to keep buying houses due to […]
It is getting increasingly obvious to the courts that there is something inherently wrong with foreclosures. The substitutions without leave of court and the repeated filing for foreclosure on the same default are coming back to bite the ‘securitization fail” scheme of the banks. see http://www.newyorklawjournal.com/id=1202766695379/Deutsche-Bank-Trust-Co-Americas-v-Smith-20152381?kw=Deutsche%20Bank%20Trust%20Co.%20Americas%20v.%20Smith%2C%202015-2381&cn=20160907&pt=Daily%20Decisions&src=EMC-Email&et=editorial&bu=New%20York%20Law%20Journal&slreturn=20160807093854 If you start with the premise that the trusts […]
By the Lending Lies Team Mortgage Servicing should be more accurately called Mortgage Disservicing. The loan servicing industry is a rigged system that engages in a myriad of fraudulent tactics to ensure that homeowners fall behind on their mortgages so that a default becomes imminent. There is something very wrong with a service that […]
ARE LAW FIRMS CROSSING THE LINE FOR BANKS WHO WILL THROW THEM UNDER THE BUS? It is a chaotic circular round of documents emanating ultimately by, for and from the same parties. And somehow it is becoming custom and practice to allow law firm employees to sign important documents that transfer possession, delivery, ownership and […]
We are still waiting for the Florida Supreme Court to decide this issue that it has previously decided before. It may seem obvious that when the Statute of Limitations has run you are SOL even on a valid claim. But in the grand effort to prevent “free houses” the Florida 3rd DCA in Beauvais came […]
https://www.publicintegrity.org/2016/07/18/19951/low-bar-how-lawyers-profit-desperate-homeowners?utm_content=buffer1bb82&utm_medium=social&utm_source=twitter.com&utm_campaign=publici-buffer By Fred Schulte, The Center for Public Integrity In 2012, after a heart attack left him too ill to work and unable to make his mortgage payments on time, John M. Green turned to the Litvin Law Firm for help. Green said he paid the firm some $8,000 over the next two years to […]
The Anti-Media By Carey Wedler Four hundred animals who live at an animal sanctuary in New Smyrna Beach, Florida may face euthanasia now that Bank of America has seized ownership of the property. Tina Richardson has lived and paid rent at the property with her husband for years, and in that time, she has accumulated […]
What we have here is what I dubbed in 2008 “A holographic image of an empty paper bag.” The farce of securitization continues every day. In the savings and loan crisis of the 1980’s more than 800 bankers were jailed. This time only one person was jailed and she is about to be set free. […]
A Passion Project Born in Palm Beach Five years ago, while studying journalism at Florida International University (FIU), Nicole Taylor-Lang began searching for subjects to expand her photography portfolio. She didn’t have to go far. Just a block from her Greenacres home in Palm Beach County, she discovered her first subject: a white-and-beige house with […]
The FCCPA is one of those statutes that are often missed opportunities to hold the banks and servicers accountable for illegal conduct. It is like “Mail Fraud” which only applies to US Postal Services (the reason why servicers prefer to communicate through Fedex or other private mail carriers. REMEMBER THE ONE YEAR STATUTE OF LIMITATIONS. […]
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