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see Anh N. Tran, et al. v. Bank of New York COMMENTARY Mortgage Securitization and Lender’s Ability to Foreclose_SRCH A fairly well written and well-reasoned article. But absent from the article is the fact that homeowners are not just asserting some technicality. If the Trust actually paid real money for a legally binding loan contract […]
see http://www.housingwire.com/articles/35126-oakland-sues-wells-fargo-for-mortgage-discrimination My first suggestion was in 2007 that governmental units sue the big banks for what they were doing to their constituents and government budgets. Nobody was interested. They were all listening to Greenspan and Paulson saying that this was nothing and that it was contained. How do you warn people about the tidal […]
In Philadelphia, the City of Brotherly Love in the cradle of American Liberty, Pope Francis addressed our obsession with consumerism. 70% of our economy is driven by consumer purchases. Most of those purchases require the consumer to acquire more debt. I don’t think there is any other way to interpret that except to say that […]
For further information please call 954-495-9867 or 520-405-1688. This article is not a substitute for getting the advice I’m an attorney licensed in the jurisdiction in which your property is located. ========================== see http://www.ritholtz.com/blog/2013/03/jpm-wamu/ The banks are counting on the fact that the claims of securitization are so complex and convoluted that nobody will be […]
Click in to tune in at The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays More than 24,000 people listen to the Neil Garfield Show. Maybe you should too. =============================== Dan Edstrom, senior forensic analyst and Attorney Charles Marshall join us again, continuing the discussion last week and promoting their seminar […]
Row Over Mortgage Transfers To MBS Trusts Hits High Court By John Kennedy Law360, New York (September 8, 2015, 8:33 PM ET) — Property owners have asked the U.S. Supreme Court to review their suit against several banks, saying the Second Circuit did not appropriately determine whether they had standing to claim that mortgage-backed securities […]
Apparently problems with the link for the seminar on October 17 in Northern California. The link to register is https://www.eventbrite.com/e/10172015-emeryville-ca-65-hour-cle-seminar-relief-for-distressed-homeowners-tickets-18559228151 Problems? call 954-495-9867 or 520-405-1688 and we’ll try to help.
In observance of the Jewish holiday of Yom Kippur, my office will be closed Wednesday, September 23. The following article was scheduled in advance: ======================================= See Anh N. Tran, et al. v. Bank of New York SCOTUS Certiorari_SRCH READ THE ENTIRE BRIEF SLOWLY AND STUDY IT. I think we have another case here where the […]
For further information please call 954-495-9867 or 520-405-1688. This article is not a substitute for a legal opinion from an attorney licensed to practice in the jurisdiction in which your property is located. Get a lawyer. =============================== see http://www.housingwire.com/articles/30540-chases-fraudulent-foreclosure-court-says-executive-falsified-documents In January Patrick Giunta and I won a case against US Bank, Chase and SPS. The […]
Money has long since ceased to be anything solid, We don’t use gold, silver, gems or any rare commodity that might have what we call “intrinsic value.” We have replaced “real money” with fiat money, which is money because a government claims it is money. And like the “real money” it can only be called […]
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