The answer is an emphatic YES if you believe that they will, in the end, get away with the biggest economic heist in human history. Lest you think otherwise, all the evidence points in the direction of the Banks prevailing. The enforcement actions brought by law enforcement and regulatory agencies has been tepid at best […]

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I recently received exactly that question, from one of the readers who made a donation to the blog to get a direct answer. I thought I would share the answer with you and invite other comments. First the question, as phrased: Is a consumer’s time worth anything when applying for a loan mod, in any […]

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I am finally giving in to the requests that I do another workshop. It is a two-day workshop on evidence, burden of proof and what really persuades a judge. Lawyers and laymen have been using our title and securitization reports, expert declarations and consultations. But the results are spotty because of lack of knowledge — […]

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I don’t often do this, but I was sent the following link that I feel is worthwhile for lawyers to consider when they are thinking about (or SHOULD be thinking about) the assignment. I like the way Anthony splits up argument into fact and opinion. Where there is nothing in the record to support a […]

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That is the question one of my callers asked. So let me try to explain the mortgage monstrosity in short plain statements. Based upon my analysis of information in the public domain, there are two ways that anyone claim a loan was securitized — carved up into pieces and then sold to multiple buyers or […]

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FROM SHADOW BANKING TO SHADOW WAREHOUSING As I have previously stated, the Banks have literally stolen trillions of dollars from pension funds, municipalities, states, federal agencies, sovereign wealth funds and private investors. Estimates range from $3-$20 Trillion. So where did they put that money? They didn’t keep it in currency (too easy to trace and […]

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Darline Spencer commented on a link LivingLies Blog shared. Darline wrote: “It is not over yet! I can promise you this what they have done will be exposed entirely it takes time! Stand your ground as I have said if you have a home about to be foreclosed do not fold and run. even if […]

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I never liked the Capra movie “It’s a Wonderful Life,” but I never remembered why. Dissapointment. So even though I like to watch my favorite movies more than once, I avoided watching this particular movie. It was just a knee jerk reaction for me. But my daughter and I watched tonight and I saw it […]

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One of the ways that judges are greasing the skids for fraud by the banks is that they ignore the basic requirement of pleading — that the complaining party plead the existence of a duty of the homeowner, breach of that duty and consequential damages as a result of that breach of that duty by […]

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It is difficult to state with certainty exactly how many ugly mortgage bonds have been purchased by the Federal Reserve. But if you put pencil to paper we can estimate the number. The published figures indicate there was a purchase of several hundred billion in these defective bonds when the financial collapse occurred. To be […]

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