Archive for 'Uncategorized' Category
By William Hudson Foreclosure can kill you. Humans who are chronically and psychosocially stressed compromise their health despite their best attempts to circumvent their stress reaction. Dr. Robert Sapolsky, a professor of psychiatry at Stanford University, has studied the manifestations of stress on the human body for over three decades and unequivocally has proven […]
Mortgage Companies Seek Time Travelers to Find Missing Documents June 17 2016, 10:43 a.m. Recruiters are hiring for a job that shouldn’t exist: finding “missing” documents required to “complete” broken chains of title on mortgages entering foreclosure. Since all assignments of mortgage should have been prepared and recorded within days of the transfer or sale — […]
It was impossible to trace the majority of the mortgage loans on the over 300 homes sold by DSI that were the subject of the FBI investigation; it would have been harder yet to identify individual victims of the fraud given that the mortgages were securitized and traded. (Emphasis added.) THE FOLLOWING ARTICLE IS NOT […]
By William Hudson Expecting the United States Government, a for-profit entity, to enforce its own laws against the banks will likely not happen. Numerous leaders and officials of the United States Inc. have already admitted that the banks write the rules. Since the 2008 collapse-the lack of response, the gross violations of due process and […]
Neal Gabler http://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/ Since 2013, the Federal Reserve Board has conducted a survey to “monitor the financial and economic status of American consumers.” Most of the data in the latest survey, frankly, are less than earth-shattering: 49 percent of part-time workers would prefer to work more hours at their current wage; 29 percent […]
Mortgage_Servicing_Supervisory_Highlights_11_Final_web_ http://www.bankingexchange.com/news-feed/item/6320-cfpb-weighs-in-on-mortgage-servicing?Itemid=511 Between January 2014 and April 2016, the Consumer Financial Protection Bureau conducted “supervision work” on mortgage servicers, focusing particularly on compliance with new servicing rules and any unfair, deceptive, and abusive practices. CFPB has issued a report on those findings—and the bureau is not pleased. “The magnitude and persistence of compliance challenges since […]
See here: 160billionbankfee So for an average of $20 Billion per year, the mega banks received an infinite supply of forever stamps — “forever” in the sense that they committed epic fraud and are still doing it. I believe this will be regarded as the most historic blunder in American history committed by three consecutive […]
https://newrepublic.com/article/134722/foreclosure-sleuth How a sports agent uncovered the greatest financial fraud in American history. By David Dayen June 29, 2016 New Republic contributor David Dayen’s book Chain of Title focuses on three individuals in South Florida—cancer nurse Lisa Epstein, car dealership worker Michael Redman, and Lynn Szymoniak, a lawyer specializing in insurance fraud—who stumbled upon the […]
“Because I said so” or “because I already did it” is not a recognizable legal ground for possession of property even after the forced sale of the property. In an action for possession of property, the taker must establish that it is the legal owner and that the ownership was obtained lawfully and properly. The […]
the Golden Rule of Mortgage Foreclosure: the Uniform Commercial Code forbids foreclosure of the mortgage unless the creditor possesses the properly-negotiated original promissory note. If this can’t be done the foreclosure must stop. — Douglas Whaley, Professor Emeritus, The Ohio State University Moritz College of Law. “By saying yes, the homeowner admits that the paper […]


