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see 13-684_4425 Judges generally don’t like TILA because it contains remedies that “go against the grain.” Specifically TILA and REG Z from the Federal Reserve contain strict guidelines on the form and content of disclosures to borrowers. These laws and regulations went into effect after the Savings and Loan scandal and other evidence surfaced as […]
For further information , litigation support, or consultations please call 954-495-9867 or 520-405-1688. ———————————— This is an amended version of earlier piece I wrote. It is amended because the commentary and cases supplied to me by multiple readers. ———————————— Given the confusion over applying the principles used in the making, transferring, and enforcement of promissory […]
For further information or assistance please call 954-495-9867 or 520-405-1688. ————————————— see http://expectedloss.blogspot.com/2014/10/ocwen-letter-spooks-market.html see Ocwen Backdated Documents — Seeks Independent Review see http://www.mintpressnews.com/mortgage-giant-accused-of-faking-documents-to-justify-foreclosures/198102/ see http://www.nakedcapitalism.com/2014/10/jamie-dimon-u-s-must-create-safe-harbor-jpms-corruption-punished.html see 25 European Banks Fail Stress Tests It comes as no surprise to those involved in the Wall Street quagmire. Lies on top of lies, all aimed at causing foreclosures […]
A do-nothing congress is only a reflection of a do-nothing electorate. I have often expressed my belief that conservatives have conserved nothing and liberals have liberated nobody. One thing my readers agree upon is that there has been an absence of fairness and equal protection in all three branches of government. There is a reason […]
The vulnerability of the banks is starting to bleed through the shadowy curtains of “securitization fail.” (Adam Levitin’s term for false securitization). Despite trillions given to the banks in faked sales of worthless mortgage backed securities (purchases by Federal reserve at 100 cents on the dollar), analysts correctly perceive this as a growing cancer on […]
For further information or assistance, consultation or litigation support please call 954-495-9867 or 520-405-1688. ————————– As was widely reported recently a jury In California awarded $16.2 million mostly in punitive damages. The Judge entered an order for PHH reducing the award to under $200,000. see http://www.kcra.com/news/jury-awards-yuba-co-homeowner-16m-in-mortgage-suit/27041910 This appears to be a case of the Judge substituting […]
Click in to tune in at The Neil Garfield Show Or call in at (347) 850-1260, 6pm Eastern Thursdays The losers this week? Anyone with a business record they want to introduce into evidence. The winners might just be any homeowner who has been victimized by foreclosure. Maybe the banks have had their 15 minutes. […]
see http://www.dailybusinessreview.com/id=1202674539162/Foreclosure-Reversal-Issued-in-Case-With-RoboWitness The article is worth reading and Tom’s comments are right on point. One thing pointed out in the middle fo the article leads to me believe that the courts are also fed up with banks failing to prosecute cases that they say are “standard foreclosures.” The opinion states that the case should have […]
For further information, assistance, consultation, expert analysis, or litigation support please call 954-495-9867 or 520 405-1688. ——————————————– The inevitable conclusion, in my opinion, is that where the investment banks have set up a structure where the real lender is deprived of the evidence (i.e., the promissory note) of the loan (which they didn’t want) and […]
See Palm Beach Post Bank bombshell! Backdated foreclosure letters may have harmed thousands 2 0 4 23 < This country’s citizens are told to keep buying homes in Florida By Kim Miller Ocwen Financial Corp. was accused this week by New York’s chief financial officer of backdating “potentially hundreds of thousands” of letters to borrowers that likely “caused them significant […]
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