Archive for 'Uncategorized' Category
see http://www.housingwire.com/articles/35499-fed-proposes-new-bailout-rules-for-biggest-banks If the Fed didn’t already know that the mega banks had squirreled away ill-gotten gains in the trillions of dollars they would never have thought about forcing them to cough up $120 Billion in the first round of creating a bailout fund from Bank money instead of Taxpayer money. And they wouldn’t be […]
From www.housingwire.com — Reuters published an article on the situation late Friday, BofA settles claims of “misleading shareholders about its exposure to risky mortgage securities and its dependence on an electronic mortgage registry known as MERS.” So, yes, it’s just another settlement for BofA, which is probably really used to this kind of development. “The […]
For more information, please call 954-495-9867 or 520-405-1688 This article should not be used as a substitute for advice from a licensed professional. =========================== see RE-REMICS Deloitte’s Speaking of Securitization_The Re-Remic Phenomenon Apparently back in June, 2009 Deloitte published an article for general use about the process of “Re-REMIC.” The article corroborates what I have […]
This could get interesting. It’s complicated but it looks like the administration is closing in on the so-called REMIC Trusts. I personally doubt if anyone is going to be willing to sign the REMIC Tax Reports. The reason is simple: the REMIC Trusts never operated and never received any investments dollars or any startup funds. […]
Click in to tune in at The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays More than 33,000 people listen to the Neil Garfield Show. Maybe you should too. =============================== Tonight we have Attorney Stephen P Wright from Connecticut with us because he and I have been having some conversations about the real issues that […]
For more information, please call 954-495-9867 or 520-405-1688 This is for general information only. It is not an opinion upon which you can rely in your case. Get a lawyer. But get one that has really studied this issue because the knee jerk reaction by most lawyers is that rescission cannot be real. Don’t act […]
This Saturday, October 31, 2015 a new seminar is being hosted by the Rodriguez Law Group and USC Dornsife Trial Advocacy Program entitled “Litigation Techniques, Critiques and Strategies Under SB 900 (California), Federal Regulations, Securitization and Rescission.” It is a foreclosure defense seminar. 6 hours CLE in California — other states vary on CLE credits. […]
http://www.housingwire.com/articles/35455-dbrs-settles-with-sec-over-misrepresenting-mortgage-bond-rating-capabilities Several things strike me about this event and the reporting on it: A relatively small rating agency has been thrown under the bus and has agreed to pay a fine for something we have known for nearly 10 years — the ratings of so-called mortgage backed securities were a sham and continued to be […]
For further information please call 954-495-9867 or 520-405-1688 This is not a legal opinion. It is for general information only. Seek legal advice before acting or making any decision. ============================ “REMIC TRUST PAYMENTS ADRIFT AFTER LOSING CLARITY OF THEIR SAFE HARBOR” 8 years ago the Fordham Law Review published an article entitled “Will the Real […]
I don’t know what is different, but it looks like we are making progress at building an effective team to help lawyers, accountants, homeowners and others with consumer debt. Perhaps it is because people started looking back at my original writing starting back in 2007 and realized that I correctly analyzed and predicted the progress […]
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